Maryland Credit Card & Personal Finance Statistics
Maryland Credit Card Debt
- Credit Card Debt: MD vs. U.S.
-
- Maryland residents have average credit card debt of $5,345. [1]
- The average credit card debt amount in Maryland is
8% greater than the national average of $4,965.
- MD ranks 8th in the nation in average credit card debt. [1]
Credit Card Delinquency in MD
- Cardholders that are more than 90 days late on credit card payments in Maryland [2]
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- Maryland ranks 17th in the nation with a credit card delinquency rate that
is 7% greater than the national average of 0.57%.
- Maryland Rate: 0.61%
- National Average: 0.57%
- Statute of limitations for credit card debt in Maryland [4]
-
- Maryland: 3 years
- U.S. Average: 5.4 years
Maryland Credit Scores
- Credit Scores: MD vs. U.S.
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- Maryland residents have an average credit score of 696. [3]
- The average credit score for Maryland residents is
exactly equal to the national average score of 696.
- MD ranks 32nd in the nation in average credit score. [3]
Additional information about Maryland
About Maryland
The state of Maryland has a population of approximately 5,773,552, ranking 20th in the nation. [5]
More about Maryland Credit Cards
For more information about Maryland credit cards, or for additional resources regarding credit cards overall, visit Consumer Financial Protection Bureau.
Did you know?
A lot can be learned by looking at the first digits of a credit card. For example, MasterCards all begin with numbers between 51 and 55.
1. ^ The Washington Post
2. ^ TransUnion
3. ^ Equifax
4. ^ Maryland State Legislature
5. ^ United States Census Bureau
6. ^ U.S. Federal Reserve