Bingham Farms, MI Credit Card & Personal Finance Statistics
Bingham Farms Credit Card Debt
- Credit Card Debt in Bingham Farms
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- The estimated average credit card debt for Bingham Farms 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]
Bingham Farms Credit Card Calculator
Bingham Farms Credit Scores
- Credit Scores in Bingham Farms
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- Residents of Bingham Farms, 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 Bingham Farms, MI Credit Stats
- Credit card delinquency rates in Michigan [2]
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- Michigan residents (all cities) rank 27th in the U.S. with a rate that
is 4% less than the national average of 0.57%.
- Bingham Farms cardholders that are more than 90 days late on payments
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- Michigan Rate: 0.55%
- National Average: 0.57%
- Statute of limitations for credit card debt in Bingham Farms [4]
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- Bingham Farms (Michigan) Law: 6 years
- U.S. State Average: 5.4 years
Additional information about Michigan
About Bingham Farms
Bingham Farms is a village located in Oakland County in the state of Michigan, and has a population of approximately 1,111. [6]
Bingham Farms Credit Cards
For more information about Bingham Farms credit cards, or for additional resources regarding credit cards overall, visit Consumer Financial Protection Bureau.
Did you know?
Paying with plastic? American Express was the first company with an actual plastic credit card - the first being introduced in 1958.
1. ^ The Washington Post
2. ^ TransUnion
3. ^ Equifax
4. ^ Michigan State Legislature
5. ^ Consumer Financial Protection Bureau
6. ^ United States Census Bureau
