Fiscal pressures have hit residents in some states more than others nationwide amid rising inflation, changing unemployment levels and other factors.
Kansas ranks as the state with the highest levels of financial distress based on credit scores, delinquent accounts, bankruptcy filings, and research trends. Reports WalletHub.
The state recorded a nearly 12% rise in non-business bankruptcies over the past year, while residents conducted large amounts of online searches for debt and loan terms.
Louisiana, Florida, Texas and South Carolina follow closely behind. About 12% of Louisiana residents have a credit account in forbearance or deferred payments, the highest percentage of any state in the country. The state also had the highest number of delinquent accounts per person.
Looking more closely at Florida, WalletHub says residents in the state had the second-largest increase in the percentage of people with delinquent accounts between the first quarter of 2025 and the first quarter of 2026, at nearly 19%. Also, nearly 8.7% of people living in the state had delinquent accounts between the first quarter of 2025 and the first quarter of 2026, representing the third-highest overall share in the country.
Maine ranks as the least financially stressed state thanks to stronger average credit scores, fewer delinquent accounts, and minimal search activity for financial hardship terms.
Rhode Island, Hawaii, Vermont and Michigan represent the five least stressed states, highlighting the strong performance in the New England and Great Lakes regions.
WalletHub examined nine metrics across six broad categories, including average credit scores, changes in the number of bankruptcy filings from March 2025 to March 2026 and search data on debt and loan inquiries, to produce the rankings.
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