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Comprehensive Local Credit Card Guide

Credit Cards in 48332 (Farmington, MI)

Credit Card Debt in 48332

^ Average credit card debt in 48332 is approximately $4,558, based on overall Michigan data. [1]

Credit Card Delinquency in 48332

^ Based on overall Michigan data, the credit card delinquency rate in Farmington is approximately 0.55%. [2]

Credit Scores in 48332

^ The average credit score in Farmington is approximately 697, based on collective Michigan data. [3]

MI Credit Cards

Credit Card & Personal Finance Statistics in 48332

Credit Card Debt in 48332


  • 48332 Credit Card Debt
    • The estimated average credit card debt for 48332 residents is $4,558. [1]
    • Average credit card debt amount in Michigan (all cities) is 8% less than the national average of $4,965.
    • Collectively, Michigan cities rank 41st in the U.S. in average credit card debt. [1]

Credit Card Calculator for 48332


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48332 Credit Scores


  • Credit Scores in 48332
    • Residents of 48332 (MI) have an estimated average credit score of 697. [3]
    • The average credit score in Michigan (all cities) is 0.14% greater than the national average score of 696.
    • Michigan collectively ranks 31st in the U.S. in average credit score of residents. [3]

More 48332 (Farmington, MI) Credit Stats

  • Credit card delinquency rates in Michigan [2]
    • Michigan residents (all cities) rank 27th in the U.S. with a rate that is 4% less than the national average of 0.57%.
  • Cardholders in 48332 who are more than 90 days late on payments
    • Michigan Rate: 0.55%
    • National Average: 0.57%
  • Statute of limitations for credit card debt in 48332 [4]
    • 48332 (Michigan) Law: 6 years
    • U.S. State Average: 5.4 years
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Additional information about Michigan

About 48332

48332 is associated with the city of Farmington, which is located in Oakland County in the state of Michigan. [6]

MI Credit Cards

48332 Credit Cards

For more information about 48332 credit cards, or for additional resources regarding credit cards overall, visit Consumer Financial Protection Bureau.

Did you know?

The credit card hologram was first introduced by MasterCard in 1983 in an effort to combat counterfeit and fraudulent activity.

Other ZIP Codes in Michigan


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Cities in MI

References

1. ^ The Washington Post

2. ^ TransUnion

3. ^ Equifax

4. ^ Michigan State Legislature

5. ^ Consumer Financial Protection Bureau

6. ^ United States Census Bureau