Grosse Pointe Farms, MI Credit Card & Personal Finance Statistics
Grosse Pointe Farms Credit Card Debt
- Credit Card Debt in Grosse Pointe Farms
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- The estimated average credit card debt for Grosse Pointe 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]
Grosse Pointe Farms Credit Card Calculator
Grosse Pointe Farms Credit Scores
- Credit Scores in Grosse Pointe Farms
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- Residents of Grosse Pointe 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 Grosse Pointe 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%.
- Grosse Pointe 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 Grosse Pointe Farms [4]
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- Grosse Pointe Farms (Michigan) Law: 6 years
- U.S. State Average: 5.4 years
Additional information about Michigan
About Grosse Pointe Farms
Grosse Pointe Farms is a city located in Wayne County in the state of Michigan, and has a population of approximately 9,479. [6]
Grosse Pointe Farms Credit Cards
For more information about Grosse Pointe Farms 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.
1. ^ The Washington Post
2. ^ TransUnion
3. ^ Equifax
4. ^ Michigan State Legislature
5. ^ Consumer Financial Protection Bureau
6. ^ United States Census Bureau
