A new report shows that Minnesotans were 33% more delinquent in their credit card payments in quarter two of 2025 as opposed to quarter one.
That's the largest increase in the nation, and with everyday costs rising , it appears more people are unable to make their payments, according to Joanne Lundberg with LLS Financial Counseling.
"People are just starting to hit the wall with not being able to make the credit card payments over the rent payment or the mortgage payment," says Lundberg. Over
Some consequences from missed payments include late fees, lower credit scores, higher car insurance and difficulty in applying for an apartment.
Lundberg says there are numerous roads as to how one can fix this issue with the first being the most obvious.
"Contacting the creditors to see if they have some type of an internal hardship program that they're willing to put you on," she says. "The problem with that a lot of the times is you have to prove financial hardship. And how do you do that? You miss a payment."
The study shows one-in-five accounts in Minnesota are delinquent. Lundberg said that ramifications of late payments can be detrimental.
"First of all, they're going to get some type of a late fee from the creditor," she explains. "If they go longer than 30 days without a payment to those creditors, they will have impact on their credit and then that's a very quick decline into not being able to get additional credit."
The study from WalletHub lists Iowa with the second largest increase in the nation, followed by Kansas, South Dakota and Ohio in the top five. See the entire list here.