 TITLE: COVID-19: Credit Utilization Drops as Consumers Cut Spending CONTENT: Utilization Ratios See Consistent Double-Digit Decreases Across All States\n--------------------------------------------------------------------------\nAcross the country, consumer credit utilization has seen double-digit decreases in all states. This is in line with consumer credit card debt, which also decreased in each state.\nNorth Dakota saw the biggest decrease in average utilization, with credit utilization ratios dropping by 22% between January and May 2020. Consumers in Hawaii and Montana both saw 10% decreases in their average utilization during this same period, which was the minimum change among states.\nSource: Experian END