Detroit Lakes, MN Credit Card & Personal Finance Statistics
Detroit Lakes Credit Card Debt
- Credit Card Debt in Detroit Lakes
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- The estimated average credit card debt for Detroit Lakes 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]
Detroit Lakes Credit Card Calculator
Detroit Lakes Credit Scores
- Credit Scores in Detroit Lakes
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- Residents of Detroit Lakes, 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 Detroit Lakes, MN Credit Stats
- Credit card delinquency rates in Minnesota [2]
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- Minnesota residents (all cities) rank 48th in the U.S. with a rate that
is 35% less than the national average of 0.57%.
- Detroit Lakes cardholders that are more than 90 days late on payments
-
- Minnesota Rate: 0.37%
- National Average: 0.57%
- Statute of limitations for credit card debt in Detroit Lakes [4]
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- Detroit Lakes (Minnesota) Law: 6 years
- U.S. State Average: 5.4 years
Additional information about Minnesota
About Detroit Lakes
Detroit Lakes is a city located in Becker County in the state of Minnesota, and has a population of approximately 8,569. [6]
Detroit Lakes Credit Cards
For more information about Detroit Lakes 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.
1. ^ The Washington Post
2. ^ TransUnion
3. ^ Equifax
4. ^ Minnesota State Legislature
5. ^ Consumer Financial Protection Bureau
6. ^ United States Census Bureau
