Cedar Springs, MI Credit Card & Personal Finance Statistics
Cedar Springs Credit Card Debt
- Credit Card Debt in Cedar Springs
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- The estimated average credit card debt for Cedar Springs 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]
Cedar Springs Credit Card Calculator
Cedar Springs Credit Scores
- Credit Scores in Cedar Springs
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- Residents of Cedar Springs, 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 Cedar Springs, 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%.
- Cedar Springs 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 Cedar Springs [4]
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- Cedar Springs (Michigan) Law: 6 years
- U.S. State Average: 5.4 years
Additional information about Michigan
About Cedar Springs
Cedar Springs is a city located in Kent County in the state of Michigan, and has a population of approximately 3,509. [6]
Cedar Springs Credit Cards
For more information about Cedar Springs credit cards, or for additional resources regarding credit cards overall, visit Consumer Financial Protection Bureau.
Did you know?
Alaska residents had the highest average credit card debt in the nation in 2013, at $6,910 per cardholder.
1. ^ The Washington Post
2. ^ TransUnion
3. ^ Equifax
4. ^ Michigan State Legislature
5. ^ Consumer Financial Protection Bureau
6. ^ United States Census Bureau
