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Lake Elmo Credit Cards

Credit Card Debt in Lake Elmo

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

Credit Card Delinquency in Lake Elmo

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

Credit Scores in Lake Elmo

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

MN Credit Cards

Lake Elmo, MN Credit Card & Personal Finance Statistics

Lake Elmo Credit Card Debt


  • Credit Card Debt in Lake Elmo
    • The estimated average credit card debt for Lake Elmo 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]

Lake Elmo Credit Card Calculator


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Lake Elmo Credit Scores


  • Credit Scores in Lake Elmo
    • Residents of Lake Elmo, 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 Lake Elmo, 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%.
  • Lake Elmo 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 Lake Elmo [4]
    • Lake Elmo (Minnesota) Law: 6 years
    • U.S. State Average: 5.4 years
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Additional information about Minnesota

About Lake Elmo

Lake Elmo is a city located in Washington County in the state of Minnesota, and has a population of approximately 8,069. [6]

MN Credit Cards

Lake Elmo Credit Cards

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

Did you know?

Paying with plastic? American Express was the first company with an actual plastic credit card - the first being introduced in 1958.

Additional Cities in MN

ZIP Codes in Minnesota


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References

1. ^ The Washington Post

2. ^ TransUnion

3. ^ Equifax

4. ^ Minnesota State Legislature

5. ^ Consumer Financial Protection Bureau

6. ^ United States Census Bureau