Debt... It Hits Hardest at Home!

The Largest form of Debt for most people is their Home Mortgage.

 It's nice to see that Nevadans on average have less debt.

But we tend to not pay our Debts.

Nevada leads the Nation in Delinquent Debt.

Most likely because of how hard the Housing Crisis affected us.

America's debt load

Americans hold a majority of their debt in mortgages, considered productive debt. 

But when it comes to not paying bills on time, the South stands out. 

Urban Institute; 1 - Debt in collections: Debt goes into collections after it is more than 180 days past due. At that point, the debt is placed in collections by the original issuer or sold to a third party debt collector. Debt in collections can remain on a person's credit file for up to seven years.

Janet Loehrke, USA TODAY