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ND has lowest rate, past due debt survey

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News Grand Forks,ND http://www.wdaz.com/sites/default/files/styles/square_300/public/field/image/ND%20debt_0.jpg?itok=x6tCRx5o
WDAZ
ND has lowest rate, past due debt survey
Grand Forks ND 2220 South Washington

ND (WDAY TV) - North Dakota has bragging rights, sort of, when it comes to past-due debt.

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While one in three Americans has past-due debt that has been turned over to a collection agency, the state of North Dakota fared best.

In fact, the Dakotas and Minnesota topped the nationwide list: 19.2%. Nevada: 47%.

Southern states did the worst.

The Urban Institute reports that 35% of Americans with a credit file have debt in collection right now.

Despite the lowest rate in the country, credit counselors say North Dakotans still should be looking at their bottom line. 

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