Park Rapids, MN Credit Card & Personal Finance Statistics
Park Rapids Credit Card Debt
- Credit Card Debt in Park Rapids
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- The estimated average credit card debt for Park Rapids 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]
Park Rapids Credit Card Calculator
Park Rapids Credit Scores
- Credit Scores in Park Rapids
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- Residents of Park Rapids, 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 Park Rapids, 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%.
- Park Rapids 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 Park Rapids [4]
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- Park Rapids (Minnesota) Law: 6 years
- U.S. State Average: 5.4 years
Additional information about Minnesota
About Park Rapids
Park Rapids is a city located in Hubbard County in the state of Minnesota, and has a population of approximately 3,709. [6]
Park Rapids Credit Cards
For more information about Park Rapids 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
