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Collection accounts stay on a person's credit report for seven years and can cause significant credit score damage, and increases in collection accounts in a state also show people are having trouble paying their bills. To see where Americans' financial futures are most in jeopardy, the personal-finance website WalletHub recently released its new report on the States With the Most Collection Accounts.
| Most Collection Accounts | Fewest Collection Accounts |
| 1. Wyoming | 41. Michigan |
| 2. Texas | 42. South Dakota |
| 3. Montana | 43. Colorado |
| 4. Nevada | 44. New Hampshire |
| 5. Delaware | 45. New Jersey |
| 6. Wisconsin | 46. North Carolina |
| 7. Maine | 47. Massachusetts |
| 8. Idaho | 48. Hawaii |
| 9. South Carolina | 49. Mississippi |
| 10. Kansas | 50. New York |
For the full report and to see where your state ranks, please visit:
https://wallethub.com/edu/states-with-the-most-collection-accounts/134307
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