Comprehensive Local Credit Card Guide

Salem Credit Cards

Credit Card Debt in Salem

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

Credit Card Delinquency in Salem

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

Credit Scores in Salem

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

Salem, MA Credit Card & Personal Finance Statistics

Salem Credit Card Debt

Credit Card Debt in Salem
- The estimated average credit card debt for Salem 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]

Salem Credit Card Calculator

How much are you paying in interest?

Credit Card Balance:
Interest (Annual Percentage Rate):
Monthly Payment: (at least $25 for each $100)

Months required to pay balance:
Your total payment will be:
Your total interest payments will be:

Lexington Law. We know credit Repair

Learn more about legal online credit repair.

Salem Credit Scores

Credit Scores in Salem
- Residents of Salem, 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 Salem, 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%.

Salem 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 Salem ^[4]
- Salem (Massachusetts) Law: 6 years
- U.S. State Average: 5.4 years

Additional information about Massachusetts

About Salem

Salem is a city located in Essex County in the state of Massachusetts, and has a population of approximately 41,340. ^[6]

Salem Credit Cards

For more information about Salem 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

References

1. ^ The Washington Post

2. ^ TransUnion

3. ^ Equifax

4. ^ Massachusetts State Legislature

5. ^ Consumer Financial Protection Bureau

6. ^ United States Census Bureau