Independence, MN Credit Card & Personal Finance Statistics
Independence Credit Card Debt
- Credit Card Debt in Independence
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- The estimated average credit card debt for Independence residents is $4,541. [1]
- Average credit card debt amount in Minnesota (all cities) is
9% less than the national average of $4,965.
- Collectively, Minnesota cities rank 43rd in the U.S. in average credit card debt. [1]
Independence Credit Card Calculator
Independence Credit Scores
- Credit Scores in Independence
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- Residents of Independence, MN have an estimated average credit score of 720. [3]
- The average credit score in Minnesota (all cities) is
3.45% greater than the national average score of 696.
- Minnesota collectively ranks 3rd in the U.S. in average credit score of residents. [3]
More Independence, MN Credit Stats
- Credit card delinquency rates in Minnesota [2]
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- Minnesota residents (all cities) rank 48th in the U.S. with a rate that
is 35% less than the national average of 0.57%.
- Independence cardholders that are more than 90 days late on payments
-
- Minnesota Rate: 0.37%
- National Average: 0.57%
- Statute of limitations for credit card debt in Independence [4]
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- Independence (Minnesota) Law: 6 years
- U.S. State Average: 5.4 years
Additional information about Minnesota
About Independence
Independence is a city located in Hennepin County in the state of Minnesota, and has a population of approximately 3,504. [6]
Independence Credit Cards
For more information about Independence 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. ^ Minnesota State Legislature
5. ^ Consumer Financial Protection Bureau
6. ^ United States Census Bureau
