Frankenmuth, MI Credit Card & Personal Finance Statistics
Frankenmuth Credit Card Debt
- Credit Card Debt in Frankenmuth
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- The estimated average credit card debt for Frankenmuth 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]
Frankenmuth Credit Card Calculator
Frankenmuth Credit Scores
- Credit Scores in Frankenmuth
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- Residents of Frankenmuth, 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 Frankenmuth, 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%.
- Frankenmuth 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 Frankenmuth [4]
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- Frankenmuth (Michigan) Law: 6 years
- U.S. State Average: 5.4 years
Additional information about Michigan
About Frankenmuth
Frankenmuth is a city located in Saginaw County in the state of Michigan, and has a population of approximately 4,944. [6]
Frankenmuth Credit Cards
For more information about Frankenmuth 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
