Illinois residents among leaders in paying down credit card debt

Published September 14, 2020 4:30pm ET



With the economy showing signs of life despite the ongoing impact of the COVID-19 pandemic, Illinoisans were among the leaders nationally in paying down credit card debt.

According to the personal finance website WalletHub, Illinois ranked fifth in the nation in paying down debt in the second quarter of this year. Analyst Jill Gonzalez says the pandemic and the tumultuous job market forced people to take a hard look at the finances.

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