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Report: Las Vegas residents living beyond their means

Posted at 3:33 PM, Nov 07, 2018
and last updated 2018-11-08 01:30:11-05

A recent analysis found that people in Las Vegas are worse at sticking to a budget than many other cities. 

LendingTree found that Las Vegas was No. 3 on its list, only topped by San Antonio, Texas, and Riverside, California. Las Vegas' neighbor to the southeast, Phoenix, was No. 4.  

LendingTree combed through data to see where Americans are spending within -- and beyond -- their means. LendingTree also analyzed credit report data of My LendingTree users and compared it to average household income data. The website also included factors like the number of credit inquiries, the use of revolving credit lines, non-housing debt and mortgage balances.

San Jose and San Francisco were the top cities of people who were spending within their means. More details on the report can be found here.