Credit Card & Personal Finance Statistics in 55024
Credit Card Debt in 55024
- 55024 Credit Card Debt
-
- The estimated average credit card debt for 55024 residents is $4,541. [1]
- Average credit card debt amount in Minnesota (all cities) is
9% less than the national average of $4,965.
- Collectively, Minnesota cities rank 43rd in the U.S. in average credit card debt. [1]
Credit Card Calculator for 55024
55024 Credit Scores
- Credit Scores in 55024
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- Residents of 55024 (MN) have an estimated average credit score of 720. [3]
- The average credit score in Minnesota (all cities) is
3.45% greater than the national average score of 696.
- Minnesota collectively ranks 3rd in the U.S. in average credit score of residents. [3]
More 55024 (Farmington, MN) Credit Stats
- Credit card delinquency rates in Minnesota [2]
-
- Minnesota residents (all cities) rank 48th in the U.S. with a rate that
is 35% less than the national average of 0.57%.
- Cardholders in 55024 who are more than 90 days late on payments
-
- Minnesota Rate: 0.37%
- National Average: 0.57%
- Statute of limitations for credit card debt in 55024 [4]
-
- 55024 (Minnesota) Law: 6 years
- U.S. State Average: 5.4 years
Credit Card Complaints in or near 55024 (Farmington, MN)
Recent credit card complaints originating from consumers in 55024, MN. 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 55024
| Complaint Issue |
Number of Complaints* |
| Incorrect information on your report |
62 |
| Problem with a company's investigation into an existing problem |
46 |
| Improper use of your report |
23 |
| Problem with a credit reporting company's investigation |
18 |
| Written notification about debt |
7 |
| Other |
51 |
* Total 2021 - 2024 (current)
Additional information about Minnesota
About 55024
55024 is associated with the city of Farmington, which is located in Dakota County in the state of Minnesota. [6]
Did you know?
The first few numbers of a credit card can reveal a lot. For example, American Express credit cards begin with 34 or 37.
Other ZIP Codes in Minnesota
1. ^ The Washington Post
2. ^ TransUnion
3. ^ Equifax
