Credit Card LocalCredit Card Local
Comprehensive Local Credit Card Guide

Faribault Credit Cards

Credit Card Debt in Faribault

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

Credit Card Delinquency in Faribault

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

Credit Scores in Faribault

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

MN Credit Cards

Faribault, MN Credit Card & Personal Finance Statistics

Faribault Credit Card Debt


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

Faribault Credit Card Calculator


How much are you paying in interest?

Credit Card Balance:
Interest (Annual Percentage Rate):
Monthly Payment: (at least $25 for each $100)
Months required to pay balance:
Your total payment will be:
Your total interest payments will be:

Lexington Law. We know credit Repair

Learn more about legal online credit repair.


Faribault Credit Scores


  • Credit Scores in Faribault
    • Residents of Faribault, 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 Faribault, 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%.
  • Faribault 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 Faribault [4]
    • Faribault (Minnesota) Law: 6 years
    • U.S. State Average: 5.4 years
CIT Savings Builder

Additional information about Minnesota

About Faribault

Faribault is a city located in Rice County in the state of Minnesota, and has a population of approximately 23,352. [6]

MN Credit Cards

Faribault Credit Cards

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

Did you know?

Iowa residents had the lowest average credit card debt in the nation in 2013, at $3,885 per cardholder.

Additional Cities in MN

ZIP Codes in Minnesota


Go

References

1. ^ The Washington Post

2. ^ TransUnion

3. ^ Equifax

4. ^ Minnesota State Legislature

5. ^ Consumer Financial Protection Bureau

6. ^ United States Census Bureau