WalletHub reports that average credit limits fell in 36 of 50 states year over year, with the largest decrease nearing 13%. Causes cited include rising credit card debt, delinquency, or declines in credit score or income; inflation also pushes people to charge more, raising credit utilization and delinquency risk. A sharp rise in utilization can lower a credit score, and late payments are reported to credit bureaus. Utah topped the list for the largest dollar decrease in credit limits despite a smaller percentage drop, since its residents had among the highest limits. Minnesota ranked second, with average limits down 8% from June 2025 to June 2026; in Montana the figure was 13%.
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Original headline: Here where credit limits decreased the most in the US ( and why that bad )
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Related tickers and likely impact
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/23/2026 | 759.85 |
| Change that session | -0.54% |
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/23/2026 | 704.39 |
| Change that session | -0.01% |
DXY
• NeutralRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/23/2026 | 101.74 |
| Change that session | +0.11% |
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