Credit Card LocalCredit Card Local
Comprehensive Local Credit Card Guide

Ann Arbor Credit Cards

Credit Card Debt in Ann Arbor

^ Average credit card debt in Ann Arbor is approximately $4,558, based on overall Michigan data. [1]

Credit Card Delinquency in Ann Arbor

^ Based on overall MI data, the credit card delinquency rate in Ann Arbor is approximately 0.55%. [2]

Credit Scores in Ann Arbor

^ The average credit score in Ann Arbor is approximately 697, based on collective Michigan data. [3]

MI Credit Cards

Ann Arbor, MI Credit Card & Personal Finance Statistics

Ann Arbor Credit Card Debt


  • Credit Card Debt in Ann Arbor
    • The estimated average credit card debt for Ann Arbor residents is $4,558. [1]
    • Average credit card debt amount in Michigan (all cities) is 8% less than the national average of $4,965.
    • Collectively, Michigan cities rank 41st in the U.S. in average credit card debt. [1]

Ann Arbor 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.


Ann Arbor Credit Scores


  • Credit Scores in Ann Arbor
    • Residents of Ann Arbor, MI have an estimated average credit score of 697. [3]
    • The average credit score in Michigan (all cities) is 0.14% greater than the national average score of 696.
    • Michigan collectively ranks 31st in the U.S. in average credit score of residents. [3]

More Ann Arbor, MI Credit Stats

  • Credit card delinquency rates in Michigan [2]
    • Michigan residents (all cities) rank 27th in the U.S. with a rate that is 4% less than the national average of 0.57%.
  • Ann Arbor cardholders that are more than 90 days late on payments
    • Michigan Rate: 0.55%
    • National Average: 0.57%
  • Statute of limitations for credit card debt in Ann Arbor [4]
    • Ann Arbor (Michigan) Law: 6 years
    • U.S. State Average: 5.4 years
CIT Savings Builder

Additional information about Michigan

About Ann Arbor

Ann Arbor is a city located in Washtenaw County in the state of Michigan, and has a population of approximately 113,934. [6]

MI Credit Cards

Ann Arbor Credit Cards

For more information about Ann Arbor 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 MI

ZIP Codes in Michigan


Go

References

1. ^ The Washington Post

2. ^ TransUnion

3. ^ Equifax

4. ^ Michigan State Legislature

5. ^ Consumer Financial Protection Bureau

6. ^ United States Census Bureau