SALT LAKE CITY — For the average Utahn with a credit card, sticking to the minimum payments on their current card debt will result in a nearly two-decade journey to retiring that balance. And while the state has relinquished its nation-leading bankruptcy rates of years past, Utah is still hovering around the No. 5 spot for personal bankruptcy filings, according to the Virgina-based American Bankruptcy Institute, a figure financial experts say is simply about residents' collective failure to live within their means. Recent data ranks Utah 27th in the nation for credit card debt per capita, coming in at $2,750 for every adult in the … (0 comments)
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