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Comprehensive Local Credit Card Guide

Hoffman Credit Cards

Credit Card Debt in Hoffman

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

Credit Card Delinquency in Hoffman

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

Credit Scores in Hoffman

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

MN Credit Cards

Hoffman, MN Credit Card & Personal Finance Statistics

Hoffman Credit Card Debt


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

Hoffman Credit Card Calculator


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Hoffman Credit Scores


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

About Hoffman

Hoffman is a city located in Grant County in the state of Minnesota, and has a population of approximately 681. [6]

MN Credit Cards

Hoffman Credit Cards

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

Did you know?

The first few numbers (even the very first number) of a credit card can reveal a lot. For example, Visa credit cards begin with a 4.

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