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Comprehensive Local Credit Card Guide

Summit Credit Cards

Credit Card Debt in Summit

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

Credit Card Delinquency in Summit

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

Credit Scores in Summit

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

NJ Credit Cards

Summit, NJ Credit Card & Personal Finance Statistics

Summit Credit Card Debt


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

Summit Credit Card Calculator


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Summit Credit Scores


  • Credit Scores in Summit
    • Residents of Summit, 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 Summit, 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%.
  • Summit cardholders that 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 Summit [4]
    • Summit (New Jersey) Law: 6 years
    • U.S. State Average: 5.4 years
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Additional information about New Jersey

About Summit

Summit is a city located in Essex County in the state of New Jersey, and has a population of approximately 21,457. [6]

NJ Credit Cards

Summit Credit Cards

For more information about Summit 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.

Additional Cities in NJ

ZIP Codes in New Jersey


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References

1. ^ The Washington Post

2. ^ TransUnion

3. ^ Equifax

4. ^ New Jersey State Legislature

5. ^ Consumer Financial Protection Bureau

6. ^ United States Census Bureau