States With the Most People in Financial Distress: Where Does New York Rank?

With 8.8 million Americans having at least one credit account where they are late on their payments (or have been allowed to delay them), WalletHub today released its latest report on the States with the Most People in Financial Distress to shed light on the financial troubles experienced by people across the U.S., and to show where those difficulties are most pronounced.

New York’s Financial Distress (1=Most Distressed; 25=Avg.):

• Overall rank for New York: 19^th
• 41^st – Average Credit Score (March 2025)
• 19^th – Change in the Share of People with Accounts in Distress - Q1 2025 vs. Q1 2024
• 21^st – Change in the Average Number of Accounts in Distress - Q1 2025 vs. Q1 2024
• 37^th – Change in Number of Bankruptcy Filings - March 2025 vs. March 2024
• 10^th – “Loans” Search Interest Index