Milford, CT Credit Card & Personal Finance Statistics
Milford Credit Card Debt
- Credit Card Debt in Milford
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- The estimated average credit card debt for Milford residents is $5,617. [1]
- Average credit card debt amount in Connecticut (all cities) is
13% greater than the national average of $4,965.
- Collectively, Connecticut cities rank 3rd in the U.S. in average credit card debt. [1]
Milford Credit Card Calculator
Milford Credit Scores
- Credit Scores in Milford
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- Residents of Milford, CT have an estimated average credit score of 713. [3]
- The average credit score in Connecticut (all cities) is
2.44% greater than the national average score of 696.
- Connecticut collectively ranks 13th in the U.S. in average credit score of residents. [3]
More Milford, CT Credit Stats
- Credit card delinquency rates in Connecticut [2]
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- Connecticut residents (all cities) rank 33rd in the U.S. with a rate that
is 9% less than the national average of 0.57%.
- Milford cardholders that are more than 90 days late on payments
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- Connecticut Rate: 0.52%
- National Average: 0.57%
- Statute of limitations for credit card debt in Milford [4]
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- Milford (Connecticut) Law: 6 years
- U.S. State Average: 5.4 years
Additional information about Connecticut
About Milford
Milford is a city located in New Haven County in the state of Connecticut, and has a population of approximately 51,271. [6]
Did you know?
The credit card hologram was first introduced by MasterCard in 1983 in an effort to combat counterfeit and fraudulent activity.
1. ^ The Washington Post
2. ^ TransUnion
3. ^ Equifax
4. ^ Connecticut State Legislature
5. ^ Consumer Financial Protection Bureau
6. ^ United States Census Bureau