"Financial Distress: The Top 10 Cities in America"
TL;DR Summary
Chicago and Houston top the list of American cities with the most financial distress, according to a report from WalletHub. Factors contributing to financial duress include bankruptcy filings, credit scores, accounts in forbearance, and online searches for "debt" or "loans." New York and Los Angeles also rank high on the list, while Boise, Idaho, has the fewest citizens in financial peril. Rising inflation and interest rates are exacerbating financial challenges, leading to increased credit card debt and decreased savings rates across the country.
- Financial stress peaks in the populations of these 10 American cities USA TODAY
- Tampa is among nation's 'most financially distressed cities' St Pete Catalyst
- Florida city's debt helps rank it among most financially distressed The Florida Times-Union
- Inflation hits hard in New Jersey, New York, Pennsylvania cities Asbury Park Press
- Arizona Cities Lead in Financial Stability While NYC, Chicago, Houston, Lag Business Insider
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