Default Rates by State, Q4 2025: Nevada Highest on Card Delinquency at 16.3%
In Q4 2025, Nevada had the highest credit card delinquency rate at 16.3% of balances.
Data period: Q4 2025 / Jan 2025 – Dec 2025 ·
Which States Have the Highest Default Rates?
Nevada has the highest credit card delinquency rate at 16.3% in Q4 2025. Alabama has the highest bankruptcy filing rate at 400.1 per 100,000 residents in 2025, 233 above the U.S. rate of 167.1. The national figures: credit card delinquency 12.4%, auto loan delinquency 5.2%, mortgage delinquency 0.94%, bankruptcy filings 167.1 per 100,000.
Each metric describes a different observed population or event. A state appearing near the top on several measures has elevated readings across those measures, but this comparison does not identify a shared cause. 6 jurisdictions are above the national figure on all four default metrics: delinquency on credit cards, auto loans and mortgages, and bankruptcy filings. 17 are above it on three or more, and 15 are below it on all four. American Default Research's State Distress Index combines seven state inputs into one score, including the bankruptcy filing rate on this page and card, auto and mortgage delinquency measured as a share of borrowers rather than of balances; the American Distress Index read 47.0 (Typical) in Q2 2026 nationally. The composite itself sits higher than 44% of all published quarters since 2005.
At a Glance
The American Distress Index reads 47.0 (Typical). The composite itself sits higher than 44% of all published quarters since 2005. The index's Delinquency and Default & Legal domains use national series; the state rows on this page are not index inputs. The national mortgage delinquency page gives the time-series view that these state rankings do not. The State Distress Index scores states on its own inputs: a state that scores 80 is more distressed than 80% of the other states and D.C.
Which States Have the Highest Default Rates Across All Categories?
The chart shows credit card, auto loan and mortgage delinquency for the states ranked in the top 10 on credit card rates. Nevada has the highest credit card rate at 16.3%; on auto loan delinquency it ranks eighth of 51, and on mortgage delinquency it ranks 27th of 51. The three rates cover different loans, borrowers and balance denominators, so a state that ranks high on all three shows elevated readings on three measures, not one problem with a known cause.
Three Default Rates for the 10 Highest-CC-Delinquency States (Q4 2025)
New York Fed Consumer Credit Panel / Equifax. Delinquency = 90+ days past due as share of balances.
National default rate breakdown: U.S. Default Rates by Loan Type
Which States Have the Most Bankruptcy Filings?
The Administrative Office of the U.S. Courts count records cases filed, not the circumstances that led to them. In Jan 2025 – Dec 2025, Alabama had 400.1 filings per 100,000 residents, 233 above the U.S. rate of 167.1. There were 568,239 filings nationally across all chapters. The states with the highest filing rates are not always the states with the highest delinquency rates; the two series measure different events and do not identify the cause of that divergence.
Bankruptcy Filings Per 100,000 Residents — 15 Highest States (2025)
Administrative Office of the U.S. Courts, Table F-2. Population: U.S. Census Bureau, 2024 Population Estimates.
National bankruptcy trends: Bankruptcy Statistics
Which States Changed Most on Credit Card Delinquency Since Q4 2019?
In the New York Fed's state table, the national credit card delinquency rate was 8.1% in Q4 2019 and 12.4% in Q4 2025. The state rate was higher than in Q4 2019 in 51 of 51 jurisdictions. Georgia, Louisiana, and West Virginia shared the largest change of any jurisdiction (+5.6 percentage points each).
Credit Card Delinquency Change (percentage points), Q4 2019 → Q4 2025 — States Ranked Top 15 (Ties Included)
New York Fed Consumer Credit Panel / Equifax. Delinquency = 90+ days past due. Changes and ranks: American Default Research calculation.
Credit card national trends: Credit Card Default Statistics
How Do Bankruptcy and Credit Card Delinquency Relate by State?
The scatter plot compares two separate measures: credit-card balances that are seriously delinquent and court cases filed per resident. States in the upper-right are above the national figure on both; states in the lower-left are below it on both. The outliers show that one measure cannot be used to infer the other. These data do not identify why a state occupies a particular quadrant.
Bankruptcy Rate (2025) vs. Credit Card Delinquency (Q4 2025) by State
New York Fed Consumer Credit Panel / Equifax (delinquency), U.S. Courts Table F-2 (bankruptcy).
State Rankings: Highest Default Rates
Rankings across all four default metrics; tied states share a rank. A state in the top 10 on several lists has high readings on several separately measured series; the lists do not show that the same households are behind each one.
| Rank | State | Rate (%) |
|---|---|---|
| 1 | Nevada | 16.3 |
| 2 | Florida | 14.9 |
| 3 | Louisiana | 14.2 |
| 3 | Texas | 14.2 |
| 5 | Georgia | 13.9 |
| 6 | Arkansas | 13.8 |
| 7 | West Virginia | 13.7 |
| 7 | Arizona | 13.7 |
| 9 | Mississippi | 13.4 |
| 9 | South Carolina | 13.4 |
| Rank | State | Rate (%) |
|---|---|---|
| 1 | District of Columbia | 13.6 |
| 2 | Mississippi | 7.7 |
| 3 | Georgia | 7.0 |
| 4 | Alabama | 6.6 |
| 4 | Louisiana | 6.6 |
| 6 | Indiana | 6.3 |
| 6 | Michigan | 6.3 |
| 8 | South Carolina | 6.2 |
| 8 | Nevada | 6.2 |
| 10 | Delaware | 6.1 |
| 10 | New Mexico | 6.1 |
| 10 | North Carolina | 6.1 |
| Rank | State | Rate (%) |
|---|---|---|
| 1 | Louisiana | 1.83 |
| 2 | Mississippi | 1.71 |
| 3 | Florida | 1.43 |
| 4 | New York | 1.36 |
| 5 | Oklahoma | 1.32 |
| 6 | Georgia | 1.27 |
| 7 | Texas | 1.21 |
| 8 | Alabama | 1.15 |
| 8 | Illinois | 1.15 |
| 8 | South Carolina | 1.15 |
| 8 | West Virginia | 1.15 |
All States: Four Default Metrics
Complete data for all 50 states and DC. Delinquency rates are percentages of balances 90+ days past due. Bankruptcy rates are annual filings per 100,000 residents. The last column counts how many of the four metrics are above the national figure. Ranks and that count are American Default Research calculations from the New York Fed and U.S. Courts figures.
Download full dataset (CSV)| Alabama | 12.2 | 6.6 | 1.15 | 400.1 | 3 |
|---|---|---|---|---|---|
| Alaska | 9.8 | 2.9 | 0.72 | 32.2 | 0 |
| Arizona | 13.7 | 5.6 | 0.94 | 170.0 | 3 |
| Arkansas | 13.8 | 5.6 | 1.08 | 226.6 | 4 |
| California | 13.2 | 4.8 | 0.63 | 138.2 | 1 |
| Colorado | 11.1 | 4.0 | 0.75 | 145.0 | 0 |
| Connecticut | 10.5 | 3.1 | 0.97 | 99.9 | 1 |
| Delaware | 12.2 | 6.1 | 1.13 | 221.6 | 3 |
| District of Columbia | 11.2 | 13.6 | 1.01 | 88.0 | 2 |
| Florida | 14.9 | 5.5 | 1.43 | 191.1 | 4 |
| Georgia | 13.9 | 7.0 | 1.27 | 282.6 | 4 |
| Hawaii | 10.2 | 3.7 | 0.56 | 82.6 | 0 |
| Idaho | 9.5 | 3.3 | 0.74 | 123.6 | 0 |
| Illinois | 11.6 | 5.6 | 1.15 | 207.8 | 3 |
| Indiana | 11.7 | 6.3 | 1.10 | 263.0 | 3 |
| Iowa | 10.3 | 3.5 | 0.81 | 115.3 | 0 |
| Kansas | 10.7 | 4.0 | 0.82 | 141.8 | 0 |
| Kentucky | 11.8 | 4.9 | 1.04 | 264.3 | 2 |
| Louisiana | 14.2 | 6.6 | 1.83 | 222.5 | 4 |
| Maine | 9.8 | 3.1 | 0.84 | 42.3 | 0 |
| Maryland | 11.7 | 6.0 | 1.11 | 198.1 | 3 |
| Massachusetts | 10.3 | 2.6 | 0.72 | 71.3 | 0 |
| Michigan | 11.3 | 6.3 | 0.86 | 219.6 | 2 |
| Minnesota | 8.6 | 3.0 | 0.63 | 177.1 | 1 |
| Mississippi | 13.4 | 7.7 | 1.71 | 332.1 | 4 |
| Missouri | 11.4 | 5.6 | 0.84 | 169.9 | 2 |
| Montana | 9.8 | 4.0 | 0.50 | 73.0 | 0 |
| Nebraska | 9.8 | 3.3 | 0.65 | 139.4 | 0 |
| Nevada | 16.3 | 6.2 | 0.86 | 287.9 | 3 |
| New Hampshire | 9.8 | 3.0 | 0.61 | 66.4 | 0 |
| New Jersey | 11.4 | 4.2 | 1.12 | 149.2 | 1 |
| New Mexico | 11.9 | 6.1 | 1.01 | 77.9 | 2 |
| New York | 12.9 | 4.3 | 1.36 | 116.7 | 2 |
| North Carolina | 12.5 | 6.1 | 0.89 | 89.1 | 2 |
| North Dakota | 9.0 | 2.9 | 0.94 | 77.8 | 0 |
| Ohio | 11.1 | 5.3 | 0.96 | 219.7 | 3 |
| Oklahoma | 13.3 | 5.5 | 1.32 | 182.0 | 4 |
| Oregon | 9.5 | 3.6 | 0.64 | 192.0 | 1 |
| Pennsylvania | 12.3 | 4.8 | 1.10 | 106.8 | 1 |
| Rhode Island | 11.4 | 3.5 | 1.00 | 96.8 | 1 |
| South Carolina | 13.4 | 6.2 | 1.15 | 95.1 | 3 |
| South Dakota | 9.1 | 3.7 | 0.79 | 72.4 | 0 |
| Tennessee | 11.6 | 5.7 | 0.72 | 299.4 | 2 |
| Texas | 14.2 | 5.8 | 1.21 | 121.7 | 3 |
| Utah | 9.5 | 3.0 | 0.70 | 225.8 | 1 |
| Vermont | 9.0 | 2.8 | 0.62 | 43.6 | 0 |
| Virginia | 9.9 | 4.6 | 0.65 | 181.1 | 1 |
| Washington | 9.3 | 3.8 | 0.57 | 117.4 | 0 |
| West Virginia | 13.7 | 5.3 | 1.15 | 100.8 | 3 |
| Wisconsin | 8.0 | 3.6 | 0.47 | 170.6 | 1 |
| Wyoming | 10.5 | 3.5 | 0.76 | 97.3 | 0 |
| National | 12.4 | 5.2 | 0.94 | 167.1 | — |
The Geographic Default Pattern
The rankings show where readings are high on more than one measure: 6 jurisdictions are above the national figure on all four. Where lists overlap, several measures are above their national figures at the same time. The comparison establishes co-location, not a causal explanation. The State Distress Index combines seven state inputs, this page's bankruptcy rate among them, into one score and rank, without treating any one series as the cause of another.
Data Sources
Delinquency Data
State Level Household Debt Statistics 2003-2025, Federal Reserve Bank of New York, February 2026. Delinquency rates are the share of balances 90+ days past due on the credit files of adults in the New York Fed's 5% Equifax sample, by state of residence. The New York Fed notes the state figures are subject to sampling variation.
Bankruptcy Data
U.S. Courts, Table F-2: U.S. Bankruptcy Courts — Business and Nonbusiness Cases Commenced, by Chapter of the Bankruptcy Code. Annual filings for Jan 2025 – Dec 2025 per 100,000 residents, using U.S. Census Bureau, 2024 Population Estimates. Counts every chapter: Chapter 7, Chapter 13, Chapter 11 and the smaller chapters.
State Distress Index
State-level index computed by American Default Research from seven state inputs in four equal-weighted domains: delinquency, default and legal (collections and the bankruptcy filing rate on this page), labor, and debt burden (severe renter cost burden). See State Distress Index profiles and American Distress Index methodology for details.
We write with assistance from AI tools. Figures come from the data and sources named on this page.
Questions about default rates by state
Which state has the highest default rate?
Nevada has the highest credit card delinquency rate at 16.3% in Q4 2025. Alabama has the highest bankruptcy filing rate at 400.1 per 100,000 residents in 2025. District of Columbia has the highest auto loan delinquency rate at 13.6%. The "highest" state depends on which metric you use; 6 jurisdictions are above the national figure on all four default metrics tracked here.
What is the national average default rate?
As of Q4 2025, the national credit card delinquency rate is 12.4%, auto loan delinquency is 5.2%, and mortgage delinquency is 0.94%. The national bankruptcy filing rate is 167.1 per 100,000 residents (Jan 2025 – Dec 2025). These represent the share of loan balances 90+ days past due (delinquency) and annual court filings per capita (bankruptcy).
Which states have changed most on credit card delinquency since 2019?
From Q4 2019 to Q4 2025, the largest changes in credit card delinquency were in Georgia (+5.6 percentage points), Louisiana (+5.6 percentage points), and West Virginia (+5.6 percentage points). The smallest were in Wisconsin (+2.5 percentage points), Minnesota (+2.5 percentage points), Montana (+2.7 percentage points), and Idaho (+2.7 percentage points). The national rate in the same table was 8.1% in Q4 2019 and 12.4% in Q4 2025. For a breakdown by loan type rather than geography, see U.S. default rates by loan type.
How do state default rates connect to the American Distress Index?
The American Distress Index is a national time-axis composite of five equal-weighted domains built from national series; the state rows on this page are not inputs to it. The State Distress Index is a separate cross-state composite of four domains across all 51 jurisdictions. Its delinquency inputs come from the Federal Reserve Bank of Philadelphia's Consumer Credit Explorer (built on the same New York Fed / Equifax panel, as of 2026 Q2), and its default and legal domain uses the bankruptcy filing rates shown here plus collections. The two views can rank states differently.
Why do some states have high bankruptcy rates but low delinquency?
Delinquency and bankruptcy measure different events: balances past due and cases filed in court. A state can rank high on one and lower on the other. The aggregate series do not identify the legal, financial, demographic, or behavioral reasons for that divergence; the scatter chart above reports the observed relationship without assigning a cause.