Massachusetts Credit Card & Personal Finance Statistics
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]
Additional information about Massachusetts
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.
1. ^ The Washington Post
2. ^ TransUnion
3. ^ Equifax
4. ^ Massachusetts State Legislature
5. ^ United States Census Bureau
6. ^ U.S. Federal Reserve