Comprehensive Local Credit Card Guide

Credit Cards in 49548 (Grand Rapids, MI)

Credit Card Debt in 49548

^ Average credit card debt in 49548 is approximately $4,558, based on overall Michigan data. ^[1]

Credit Card Delinquency in 49548

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

Credit Scores in 49548

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

Credit Card & Personal Finance Statistics in 49548

Credit Card Debt in 49548

49548 Credit Card Debt
- The estimated average credit card debt for 49548 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 49548

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49548 Credit Scores

Credit Scores in 49548
- Residents of 49548 (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 49548 (Grand Rapids, 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 49548 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 49548 ^[4]
- 49548 (Michigan) Law: 6 years
- U.S. State Average: 5.4 years

Credit Card Complaints in or near 49548 (Grand Rapids, MI)

Recent credit card complaints originating from consumers in 49548, MI. Local consumers submitted these credit card complaints to the Consumer Financial Protection Bureau (CFPB). The date of the complaint, type of complaint and status of the inquiry are listed below.^[5]

Consumer Complaints by Issue in 49548

Complaint Issue	Number of Complaints*
Improper use of your report	119
Incorrect information on your report	115
Problem with a company's investigation into an existing problem	53
Problem with a credit reporting company's investigation	22
Attempts to collect debt not owed	3
Other	41

* Total 2021 - 2024 (current)

Additional information about Michigan

About 49548

49548 is associated with the city of Grand Rapids, which is located in Kent County in the state of Michigan. ^[6]

49548 Credit Cards

For more information about 49548 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

Cities in MI

References

1. ^ The Washington Post

2. ^ TransUnion

3. ^ Equifax

4. ^ Michigan State Legislature

5. ^ Consumer financial complaints in 49548

6. ^ United States Census Bureau