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Comprehensive Local Credit Card Guide

Credit Cards in 87402 (Farmington, NM)

Credit Card Debt in 87402

^ Average credit card debt in 87402 is approximately $4,920, based on overall New Mexico data. [1]

Credit Card Delinquency in 87402

^ Based on overall New Mexico data, the credit card delinquency rate in Farmington is approximately 0.55%. [2]

Credit Scores in 87402

^ The average credit score in Farmington is approximately 683, based on collective New Mexico data. [3]

NM Credit Cards

Credit Card & Personal Finance Statistics in 87402

Credit Card Debt in 87402


  • 87402 Credit Card Debt
    • The estimated average credit card debt for 87402 residents is $4,920. [1]
    • Average credit card debt amount in New Mexico (all cities) is 1% less than the national average of $4,965.
    • Collectively, New Mexico cities rank 22nd in the U.S. in average credit card debt. [1]

Credit Card Calculator for 87402


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87402 Credit Scores


  • Credit Scores in 87402
    • Residents of 87402 (NM) have an estimated average credit score of 683. [3]
    • The average credit score in New Mexico (all cities) is 1.87% less than the national average score of 696.
    • New Mexico collectively ranks 42nd in the U.S. in average credit score of residents. [3]

More 87402 (Farmington, NM) Credit Stats

  • Credit card delinquency rates in New Mexico [2]
    • New Mexico residents (all cities) rank 28th in the U.S. with a rate that is 4% less than the national average of 0.57%.
  • Cardholders in 87402 who are more than 90 days late on payments
    • New Mexico Rate: 0.55%
    • National Average: 0.57%
  • Statute of limitations for credit card debt in 87402 [4]
    • 87402 (New Mexico) Law: 4 years
    • U.S. State Average: 5.4 years

Credit Card Complaints in or near 87402 (Farmington, NM)

Recent credit card complaints originating from consumers in 87402, NM. 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 87402

Complaint Issue Number of Complaints*
Attempts to collect debt not owed 2
Fees or interest 1
Managing an account 1
Problem with a lender or other company charging your account 1
Problems at the end of the loan or lease 1
* Total 2021 - 2024 (current)

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Additional information about New Mexico

About 87402

87402 is associated with the city of Farmington, which is located in San Juan County in the state of New Mexico. [6]

NM Credit Cards

87402 Credit Cards

For more information about 87402 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.

Other ZIP Codes in New Mexico


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Cities in NM

References

1. ^ The Washington Post

2. ^ TransUnion

3. ^ Equifax

4. ^ New Mexico State Legislature

5. ^ Consumer financial complaints in 87402

6. ^ United States Census Bureau