Where Americans Have Most Credit Card Debt

Alaska residents owe the most on their credit cards, but they're more likely to pay it off faster than residents of New Mexico, who carry the highest debt burden -- or credit card debt in relation to income -- among all 50 states, according to a report released Monday.

There's a big variety in the factors that contribute to one's ability to pay down debt, such as income and unemployment. Average card debt doesn't vary much by state, but states where residents have lower incomes require more time to pay down their balances.

"Unemployment and credit scores can go hand-in-hand with some of same factors we used, like card debt and income," Ted Rossman, an analyst at CreditCards.com, told CBS MoneyWatch.

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