Massachusetts Credit Cards

Massachusetts Credit Card Debt

• Credit Card Debt: MA vs. U.S.
• • Massachusetts residents have average credit card debt of $5,142. ^[1]
  • The average credit card debt amount in Massachusetts is 4% greater than the national average of $4,965.
  • MA ranks 16th in the nation in average credit card debt. ^[1]

Credit Card Delinquency in MA

• Cardholders that are more than 90 days late on credit card payments in Massachusetts ^[2]
• • Massachusetts ranks 16th in the nation with a credit card delinquency rate that is 9% greater than the national average of 0.57%.
  • Massachusetts Rate: 0.62%
  • National Average: 0.57%
• Statute of limitations for credit card debt in Massachusetts ^[4]
• • Massachusetts: 6 years
  • U.S. Average: 5.4 years

Massachusetts Credit Scores

• Credit Scores: MA vs. U.S.
• • Massachusetts residents have an average credit score of 714. ^[3]
  • The average credit score for Massachusetts residents is 3% greater than the national average score of 696.
  • MA ranks 11th in the nation in average credit score. ^[3]

About Massachusetts

The state of Massachusetts has a population of approximately 6,547,629, ranking 16th in the nation. ^[5]

More about Massachusetts Credit Cards

For more information about Massachusetts credit cards, or for additional resources regarding credit cards overall, visit Consumer Financial Protection Bureau.

Did you know?

A lot can be learned by looking at the first digits of a credit card. For example, MasterCards all begin with numbers between 51 and 55.