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Comprehensive Local Credit Card Guide

Franklin Credit Cards

Credit Card Debt in Franklin

^ Average credit card debt in Franklin is approximately $5,142, based on overall Massachusetts data. [1]

Credit Card Delinquency in Franklin

^ Based on overall MA data, the credit card delinquency rate in Franklin is approximately 0.62%. [2]

Credit Scores in Franklin

^ The average credit score in Franklin is approximately 714, based on collective Massachusetts data. [3]

MA Credit Cards

Franklin, MA Credit Card & Personal Finance Statistics

Franklin Credit Card Debt


  • Credit Card Debt in Franklin
    • The estimated average credit card debt for Franklin residents is $5,142. [1]
    • Average credit card debt amount in Massachusetts (all cities) is 4% greater than the national average of $4,965.
    • Collectively, Massachusetts cities rank 16th in the U.S. in average credit card debt. [1]

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Franklin Credit Scores


  • Credit Scores in Franklin
    • Residents of Franklin, MA have an estimated average credit score of 714. [3]
    • The average credit score in Massachusetts (all cities) is 2.59% greater than the national average score of 696.
    • Massachusetts collectively ranks 11th in the U.S. in average credit score of residents. [3]

More Franklin, MA Credit Stats

  • Credit card delinquency rates in Massachusetts [2]
    • Massachusetts residents (all cities) rank 16th in the U.S. with a rate that is 9% greater than the national average of 0.57%.
  • Franklin cardholders that are more than 90 days late on payments
    • Massachusetts Rate: 0.62%
    • National Average: 0.57%
  • Statute of limitations for credit card debt in Franklin [4]
    • Franklin (Massachusetts) Law: 6 years
    • U.S. State Average: 5.4 years
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Additional information about Massachusetts

About Franklin

Franklin is a city located in Norfolk County in the state of Massachusetts, and has a population of approximately 31,635. [6]

MA Credit Cards

Franklin Credit Cards

For more information about Franklin 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 MA

ZIP Codes in Massachusetts


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References

1. ^ The Washington Post

2. ^ TransUnion

3. ^ Equifax

4. ^ Massachusetts State Legislature

5. ^ Consumer Financial Protection Bureau

6. ^ United States Census Bureau