Redwood Falls, MN Credit Card & Personal Finance Statistics
Redwood Falls Credit Card Debt
- Credit Card Debt in Redwood Falls
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- The estimated average credit card debt for Redwood 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]
Redwood Falls Credit Card Calculator
Redwood Falls Credit Scores
- Credit Scores in Redwood Falls
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- Residents of Redwood 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 Redwood 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%.
- Redwood Falls cardholders that are more than 90 days late on payments
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- Minnesota Rate: 0.37%
- National Average: 0.57%
- Statute of limitations for credit card debt in Redwood Falls [4]
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- Redwood Falls (Minnesota) Law: 6 years
- U.S. State Average: 5.4 years
Additional information about Minnesota
About Redwood Falls
Redwood Falls is a city located in Redwood County in the state of Minnesota, and has a population of approximately 5,254. [6]
Redwood Falls Credit Cards
For more information about Redwood Falls 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
