Comprehensive Local Credit Card Guide

Credit Cards in 07108 (Newark, NJ)

Credit Card Debt in 07108

^ Average credit card debt in 07108 is approximately $5,484, based on overall New Jersey data. ^[1]

Credit Card Delinquency in 07108

^ Based on overall New Jersey data, the credit card delinquency rate in Newark is approximately 0.56%. ^[2]

Credit Scores in 07108

^ The average credit score in Newark is approximately 708, based on collective New Jersey data. ^[3]

Credit Card & Personal Finance Statistics in 07108

Credit Card Debt in 07108

07108 Credit Card Debt
- The estimated average credit card debt for 07108 residents is $5,484. ^[1]
- Average credit card debt amount in New Jersey (all cities) is 10% greater than the national average of $4,965.
- Collectively, New Jersey cities rank 6th in the U.S. in average credit card debt. ^[1]

Credit Card Calculator for 07108

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07108 Credit Scores

Credit Scores in 07108
- Residents of 07108 (NJ) have an estimated average credit score of 708. ^[3]
- The average credit score in New Jersey (all cities) is 1.72% greater than the national average score of 696.
- New Jersey collectively ranks 21st in the U.S. in average credit score of residents. ^[3]

More 07108 (Newark, NJ) Credit Stats

Credit card delinquency rates in New Jersey ^[2]
- New Jersey residents (all cities) rank 26th in the U.S. with a rate that is 2% less than the national average of 0.57%.

Cardholders in 07108 who are more than 90 days late on payments
- New Jersey Rate: 0.56%
- National Average: 0.57%

Statute of limitations for credit card debt in 07108 ^[4]
- 07108 (New Jersey) Law: 6 years
- U.S. State Average: 5.4 years

Credit Card Complaints in or near 07108 (Newark, NJ)

Recent credit card complaints originating from consumers in 07108, NJ. 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 07108

Complaint Issue	Number of Complaints*
Incorrect information on your report	570
Improper use of your report	285
Problem with a company's investigation into an existing problem	111
Problem with a credit reporting company's investigation	65
Attempts to collect debt not owed	58
Other	118

* Total 2021 - 2024 (current)

Additional information about New Jersey

About 07108

07108 is associated with the city of Newark, which is located in Essex County in the state of New Jersey. ^[6]

07108 Credit Cards

For more information about 07108 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.

Other ZIP Codes in New Jersey

Cities in NJ

References

1. ^ The Washington Post

2. ^ TransUnion

3. ^ Equifax

4. ^ New Jersey State Legislature

5. ^ Consumer financial complaints in 07108

6. ^ United States Census Bureau