Which states have the most residents in financial distress because of COVID-19?

A recent report by WalletHub took a magnifying glass to the economic havoc still being wreaked by the coronavirus to find out which states’ residents have been experiencing the most financial distress. The study, released in early September, can be viewed in a new, harsher light in the wake of President Donald Trump’s decision on Tuesday to end COVID-19 aid negotiations with Democrats in Congress. The study, written by WalletHub’s Adam McCann, compared all 50 states and the District of Columbia using nine metrics, including average credit score, the change in the number of bankruptcy filings seen in each state from January to July 2020, and the number of people with accounts in distress, defined by McCann as “one which either is in forbearance or has its payments deferred.” According to the report, the ten states with the most residents in financial distress are: 1. Louisiana 2. Nevada 3.