Mississippi Credit Card & Personal Finance Statistics
Mississippi Credit Card Debt
- Credit Card Debt: MS vs. U.S.
-
- Mississippi residents have average credit card debt of $4,594. [1]
- The average credit card debt amount in Mississippi is
7% less than the national average of $4,965.
- MS ranks 37th in the nation in average credit card debt. [1]
Credit Card Delinquency in MS
- Cardholders that are more than 90 days late on credit card payments in Mississippi [2]
-
- Mississippi ranks 1st in the nation with a credit card delinquency rate that
is 53% greater than the national average of 0.57%.
- Mississippi Rate: 0.87%
- National Average: 0.57%
- Statute of limitations for credit card debt in Mississippi [4]
-
- Mississippi: 3 years
- U.S. Average: 5.4 years
Mississippi Credit Scores
- Credit Scores: MS vs. U.S.
-
- Mississippi residents have an average credit score of 661. [3]
- The average credit score for Mississippi residents is
5% less than the national average score of 696.
- MS ranks 51st in the nation in average credit score. [3]
Additional information about Mississippi
About Mississippi
The state of Mississippi has a population of approximately 2,967,297, ranking 33rd in the nation. [5]
More about Mississippi Credit Cards
For more information about Mississippi credit cards, or for additional resources regarding credit cards overall, visit Consumer Financial Protection Bureau.
Did you know?
A lot can be learned by looking at the first digits of a credit card. For example, MasterCards all begin with numbers between 51 and 55.
1. ^ The Washington Post
2. ^ TransUnion
3. ^ Equifax
4. ^ Mississippi State Legislature
5. ^ United States Census Bureau
6. ^ U.S. Federal Reserve