With the unemployment rate still high at 8.4% due to COVID-19, WalletHub today released updated rankings for the States Where People Need Loans the Most Due to Coronavirus, as well as accompanying videos and audio files. Greater interest in getting a loan indicates that more people in the state are struggling to make ends meet.
In order to determine where people are most in need of loans as a result of the coronavirus pandemic, WalletHub combined internal credit report data with data on Google search increases for three loan-related terms in the 50 states and the District of Columbia. Below, you can see highlights from the report, along with a WalletHub Q&A.| Where People Need Loans the Most | Where People Need Loans the Least |
| 1. New York | 42. Maine |
| 2. Virginia | 43. South Dakota |
| 3. Washington | 44. New Mexico |
| 4. Pennsylvania | 45. New Hampshire |
| 5. West Virginia | 46. Rhode Island |
| 6. Michigan | 47. Vermont |
| 7. Florida | 48. Montana |
| 8. Oklahoma | 49. Wyoming |
| 9. South Carolina | 50. North Dakota |
| 10. Alabama | 51. Alaska |
