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Comprehensive Local Credit Card Guide

Credit Cards in 55407 (Minneapolis, MN)

Credit Card Debt in 55407

^ Average credit card debt in 55407 is approximately $4,541, based on overall Minnesota data. [1]

Credit Card Delinquency in 55407

^ Based on overall Minnesota data, the credit card delinquency rate in Minneapolis is approximately 0.37%. [2]

Credit Scores in 55407

^ The average credit score in Minneapolis is approximately 720, based on collective Minnesota data. [3]

MN Credit Cards

Credit Card & Personal Finance Statistics in 55407

Credit Card Debt in 55407


  • 55407 Credit Card Debt
    • The estimated average credit card debt for 55407 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 55407


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55407 Credit Scores


  • Credit Scores in 55407
    • Residents of 55407 (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 55407 (Minneapolis, 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 55407 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 55407 [4]
    • 55407 (Minnesota) Law: 6 years
    • U.S. State Average: 5.4 years

Credit Card Complaints in or near 55407 (Minneapolis, MN)

Recent credit card complaints originating from consumers in 55407, 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 55407

Complaint Issue Number of Complaints*
Improper use of your report 84
Incorrect information on your report 84
Problem with a company's investigation into an existing problem 35
Problem with a credit reporting company's investigation 22
Managing an account 14
Other 92
* Total 2021 - 2024 (current)

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Additional information about Minnesota

About 55407

55407 is associated with the city of Minneapolis, which is located in Hennepin County in the state of Minnesota. [6]

MN Credit Cards

55407 Credit Cards

For more information about 55407 credit cards, or for additional resources regarding credit cards overall, visit Consumer Financial Protection Bureau.

Did you know?

The first few numbers (even the very first number) of a credit card can reveal a lot. For example, Visa credit cards begin with a 4.

Other ZIP Codes in Minnesota


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Cities in MN

References

1. ^ The Washington Post

2. ^ TransUnion

3. ^ Equifax

4. ^ Minnesota State Legislature

5. ^ Consumer financial complaints in 55407

6. ^ United States Census Bureau