According to a new TransUnion report, the average nationwide credit card debt has fallen for the fourth quarter in a row, decreasing from $5,434 to $5,165.

Fewer people were late making their credit card payments in the first quarter this year compared to last quarter, according to the publication. Credit card deliquency is highest in Nevada, at 1.79 percent, followed by Florida at 1.59 percent. The lowest deliquencies are in North and South Dakota and Alaska.

In a news release, Ezra Baker, the director of consulting and strategy in TransUnion's financial services business unit, said "The last four quarters of consecutive decreases in credit card balances shows that consumers continue to focus on paying down their credit cards in response to economic uncertainty and the continued somewhat anemic employment outlook, wanting to keep a credit cushion available for hard times."

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