Mackinac Island, MI Credit Card & Personal Finance Statistics
Mackinac Island Credit Card Debt
- Credit Card Debt in Mackinac Island
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- The estimated average credit card debt for Mackinac Island 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]
Mackinac Island Credit Card Calculator
Mackinac Island Credit Scores
- Credit Scores in Mackinac Island
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- Residents of Mackinac Island, 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 Mackinac Island, 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%.
- Mackinac Island 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 Mackinac Island [4]
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- Mackinac Island (Michigan) Law: 6 years
- U.S. State Average: 5.4 years
Additional information about Michigan
About Mackinac Island
Mackinac Island is a city located in Mackinac County in the state of Michigan, and has a population of approximately 492. [6]
Mackinac Island Credit Cards
For more information about Mackinac Island 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
