Collection accounts remain on an individual’s credit report for seven years and can seriously harm their credit score. A rise in these accounts within a state suggests that residents are struggling to pay their bills. To highlight where Americans’ financial well-being may be most at risk, the personal-finance company WalletHub has released its updated report on the States With the Most Collection Accounts with Maryland ranked 43rd (8th least).
Maryland Stats
-
Overall Rank: 43rd
-
Average No. of Collection Accounts per Resident in Collections in Q3 2025: 2.81
-
Average Balance per Collection Account in Q3 2025: $1,692
-
% Change in Average No. of Collection Accounts per Resident in Collections (Q3 2025 vs. Q2 2025): -0.34%
-
% Change in Average Balance per Collection Account (Q3 2025 vs. Q2 2025): 1.35%
For the full report, please visit:
https://wallethub.com/edu/states-with-the-most-collection-accounts/134307
