National / International News

With credit card debt, not all states are equal

Marketplace - American Public Media - Fri, 2014-07-04 02:00

The average American has more than $3,600 in credit card debt, but that number is falling.

“Not a huge decline overall -- about $27 dollars this year compared to last, but it’s still an improvement,” says Gerri Detweiler, director of consumer education at Credit.com. “It’s a good thing for consumers to carry less credit card debt. It’s good for their credit score and it’s good for their wallets.”

So why do some states owe more than others?

Alan Ikemura, senior product manager at Experian, says people have bigger credit card debt in states that have higher costs of living and where the employment picture hasn’t improved.

“The economy hasn’t picked up as well in certain areas and so there might actually be an immediate need for the utilization of credit," Ikemura says. "On the flip side, [people in states] that have recovered really well, [are] more confident overall in the economy, so they’re just spending more.”

Ikemura says the fact that American’s are paying down their credit card debt is a sign the overall economy is improving. 

Experian Decision Analytics released a list of average credit card debt by state for Q1 of 2014. So which states have the highest average debt?

1. Alaska -- $4,472

SAUL LOEB/AFP/Getty Images

2. New Jersey -- $4,431

Craig Barritt/Getty Images

3. Connecticut -- $4,351

Elsa/Getty Images

4. Maryland -- $4,214

  Patrick Smith/Getty Images

5. Georgia -- $4,192

 RAYMOND ROIG/AFP/Getty Images

6. Delaware -- $4,165

 Hulton Archive/Getty Images

7. Washington, D.C. -- $4,115

JEWEL SAMAD/AFP/GettyImages

8. Virginia -- $4,068

 Grant Halverson/Getty Images for Colonial Williamsburg Foundation

9. Rhode Island -- $4,056

 Stacy Revere/Getty Images

10. Texas -- $4,047

   Harry How/Getty Images

Silicon Tally: Independence and surveillance

Marketplace - American Public Media - Fri, 2014-07-04 02:00

It's time for Silicon Tally. How well have you kept up with the week in tech news? This week we're joined by Julia Angwin, author of "Dragnet Nation: A Quest for Privacy, Security, and Freedom in a World of Relentless Surveillance." var _polldaddy = [] || _polldaddy; _polldaddy.push( { type: "iframe", auto: "1", domain: "marketplaceapm.polldaddy.com/s/", id: "silicon-tally-independence-surveillance", placeholder: "pd_1404443731" } ); (function(d,c,j){if(!document.getElementById(j)){var pd=d.createElement(c),s;pd.id=j;pd.src=('https:'==document.location.protocol)?'https://polldaddy.com/survey.js':'http://i0.poll.fm/survey.js';s=document.getElementsByTagName(c)[0];s.parentNode.insertBefore(pd,s);}}(document,'script','pd-embed'));

British Gas staff mis-sold deals

BBC - Fri, 2014-07-04 01:58
The UK's biggest energy supplier, British Gas, mis-sold energy deals by making exaggerated claims to potential customers, the regulator says.

Van Gogh painting in Reading cafe

BBC - Fri, 2014-07-04 01:55
Van Gogh's Houses at Auvers II, from a 200-strong private collection of priceless artworks, goes on display in a Reading cafe.

Hamas 'ready for Gaza ceasefire'

BBC - Fri, 2014-07-04 01:51
Hamas says it is ready for a ceasefire with Israel, amid tension around the planned funeral of a murdered Palestinian teenager, the BBC understands.

AUDIO: Schools 'must tackle homophobia'

BBC - Fri, 2014-07-04 01:44
Anna Williams says that teachers are not receiving the necessary training to combat homophobia in schools.

Fifa linked to Brazil ticket gang

BBC - Fri, 2014-07-04 01:41
Police in Brazil say they have identified a Fifa official alleged to have been involved in the illegal sale of World Cup tickets.

Mother of three extradited to the US

BBC - Fri, 2014-07-04 01:35
A mother of three who fled her husband in the US is extradited from the UK on charges of kidnapping her children, campaigners say.

'Anthrax found' in Hungarian beef

BBC - Fri, 2014-07-04 01:31
Five people are admitted to a Hungarian hospital after the discovery of the deadly anthrax disease in beef, reports say.

Earthquake in Scottish Highlands

BBC - Fri, 2014-07-04 01:23
A magnitude 3 quake is recorded in Fort William in the Scottish Highlands.

VIDEO: The British trying to bring aid to Syria

BBC - Fri, 2014-07-04 01:19
British citizens have been warned by the government not to travel to Syria for any reason - but some are ignoring the warnings and going anyway.

Man arrested over tower block death

BBC - Fri, 2014-07-04 01:07
A 49-year-old man has been arrested in connection with the death of Alan Whitelaw in his Glasgow home. police say.
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