Madison Lake, MN Credit Card & Personal Finance Statistics
Madison Lake Credit Card Debt
- Credit Card Debt in Madison Lake
-
- The estimated average credit card debt for Madison Lake 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]
Madison Lake Credit Card Calculator
Madison Lake Credit Scores
- Credit Scores in Madison Lake
-
- Residents of Madison Lake, 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 Madison Lake, MN Credit Stats
- Credit card delinquency rates in Minnesota [2]
-
- Minnesota residents (all cities) rank 48th in the U.S. with a rate that
is 35% less than the national average of 0.57%.
- Madison Lake 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 Madison Lake [4]
-
- Madison Lake (Minnesota) Law: 6 years
- U.S. State Average: 5.4 years
Additional information about Minnesota
About Madison Lake
Madison Lake is a city located in Blue Earth County in the state of Minnesota, and has a population of approximately 1,017. [6]
Madison Lake Credit Cards
For more information about Madison Lake credit cards, or for additional resources regarding credit cards overall, visit Consumer Financial Protection Bureau.
Did you know?
Paying with plastic? American Express was the first company with an actual plastic credit card - the first being introduced in 1958.
1. ^ The Washington Post
2. ^ TransUnion
3. ^ Equifax
4. ^ Minnesota State Legislature
5. ^ Consumer Financial Protection Bureau
6. ^ United States Census Bureau
