Massachusetts Credit Cards

Massachusetts Credit Card Debt

• Credit Card Debt: MA vs. U.S.
• • Massachusetts residents have average credit card debt of $5,142. ^[1]
  • The average credit card debt amount in Massachusetts is 4% greater than the national average of $4,965.
  • MA ranks 16th in the nation in average credit card debt. ^[1]

Credit Card Delinquency in MA

• Cardholders that are more than 90 days late on credit card payments in Massachusetts ^[2]
• • Massachusetts ranks 16th in the nation with a credit card delinquency rate that is 9% greater than the national average of 0.57%.
  • Massachusetts Rate: 0.62%
  • National Average: 0.57%
• Statute of limitations for credit card debt in Massachusetts ^[4]
• • Massachusetts: 6 years
  • U.S. Average: 5.4 years

Massachusetts Credit Scores

• Credit Scores: MA vs. U.S.
• • Massachusetts residents have an average credit score of 714. ^[3]
  • The average credit score for Massachusetts residents is 3% greater than the national average score of 696.
  • MA ranks 11th in the nation in average credit score. ^[3]

About Massachusetts

The state of Massachusetts has a population of approximately 6,547,629, ranking 16th in the nation. ^[5]

More about Massachusetts Credit Cards

For more information about Massachusetts 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.