Red Lake Falls, MN Credit Card & Personal Finance Statistics
Red Lake Falls Credit Card Debt
- Credit Card Debt in Red Lake Falls
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- The estimated average credit card debt for Red Lake Falls 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]
Red Lake Falls Credit Card Calculator
Red Lake Falls Credit Scores
- Credit Scores in Red Lake Falls
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- Residents of Red Lake Falls, 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 Red Lake Falls, 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%.
- Red Lake Falls 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 Red Lake Falls [4]
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- Red Lake Falls (Minnesota) Law: 6 years
- U.S. State Average: 5.4 years
Additional information about Minnesota
About Red Lake Falls
Red Lake Falls is a city located in Red Lake County in the state of Minnesota, and has a population of approximately 1,427. [6]
Red Lake Falls Credit Cards
For more information about Red Lake Falls credit cards, or for additional resources regarding credit cards overall, visit Consumer Financial Protection Bureau.
Did you know?
The credit card hologram was first introduced by MasterCard in 1983 in an effort to combat counterfeit and fraudulent activity.
1. ^ The Washington Post
2. ^ TransUnion
3. ^ Equifax
4. ^ Minnesota State Legislature
5. ^ Consumer Financial Protection Bureau
6. ^ United States Census Bureau
