IN OTHER NEWS – A new study by WalletHub reveals that Georgia residents are the 8th least diligent state with credit in the United States.

Release:

Credit diligence is an ongoing process that involves managing your debt responsibly and monitoring your credit report for inaccuracies. To find out where people take credit most seriously and protect themselves from credit-score damage, the personal-finance website WalletHub released its report on the States With the Most Credit-Diligent Residents.

WalletHub compared six key metrics for each of the 50 states that indicate awareness and diligence in managing credit. Our data set ranges from the percentage of customers who have filed a dispute with a creditor to the percentage of frozen credit reports and active bankruptcies.

Diligence With Credit in Georgia (1= Most Diligent; 25 = Average):

• Overall Rank: 43^rd
• 38^th – Percentage of Customers Who Have Collections Tradelines (Q1 2024)
• 47^th – Percentage of Frozen Credit Reports (Q1 2024)
• 41^st – Percentage of Customers Who Have Missed Payments (Q1 2024)
• 43^rd – Percentage of Customers Who Have Active Bankruptcies (Q1 2024)
• 39^th – Percentage of Customers Who Have Foreclosures (Q1 2024)
   

For the full report, please visit:
https://wallethub.com/edu/states-where-people-are-most-diligent-with-credit/128295