ROCKLAND COUNTY, N.Y. — Residents who live in Monsey, a hamlet of Ramapo, might want to rethink their credit card use after a recent study ranked the hamlet as being the fifth worst place in the country for credit card debt.

According to a study by WalletHub, the average credit card holder has an outstanding balance of $5,849 with a collective nationwide balance of $927.1 billion in 2016.

In Monsey, the average balance was $7,569 with an average income of $18,825, or 41 percent of their income, according to Business Insider .

In the study, WalletHub looked at the average credit card balance and the median income, ranking them by how long it would take the average person to pay off the debt.

Residents of Monsey, whose medium income are below the national average of $32,261, will likely struggle to meet the minimum payments, said Business Insider.

Click here to view the entire WalletHub study.

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