Nevada has the highest credit card delinquency

The report issued by TransUnion shows that Nevada has the highest credit card delinquency, Credit card delinquency can be defined as “the ratio of borrowers 90 or more days past due.”

Available data proves delinquency in the more recent period was highest in Nevada (1.74 percent). Mississippi (1.53) and Florida (1.51) were next in the row.

However, Ezra Baker, TransUnion consultant highlighted California, Florida and Nevada had showed a drop in the delinquency rate in the first quarter.

The company predicts Nevada to experiencing high delinquency in the later months of 2008 as well.