Algoma, MS Credit Card & Personal Finance Statistics
Algoma Credit Card Debt
- Credit Card Debt in Algoma
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- The estimated average credit card debt for Algoma residents is $4,594. [1]
- Average credit card debt amount in Mississippi (all cities) is
7% less than the national average of $4,965.
- Collectively, Mississippi cities rank 37th in the U.S. in average credit card debt. [1]
Algoma Credit Card Calculator
Algoma Credit Scores
- Credit Scores in Algoma
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- Residents of Algoma, MS have an estimated average credit score of 661. [3]
- The average credit score in Mississippi (all cities) is
5.03% less than the national average score of 696.
- Mississippi collectively ranks 51st in the U.S. in average credit score of residents. [3]
More Algoma, MS Credit Stats
- Credit card delinquency rates in Mississippi [2]
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- Mississippi residents (all cities) rank 1st in the U.S. with a rate that
is 53% greater than the national average of 0.57%.
- Algoma cardholders that are more than 90 days late on payments
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- Mississippi Rate: 0.87%
- National Average: 0.57%
- Statute of limitations for credit card debt in Algoma [4]
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- Algoma (Mississippi) Law: 3 years
- U.S. State Average: 5.4 years
Additional information about Mississippi
About Algoma
Algoma is a town located in Pontotoc County in the state of Mississippi, and has a population of approximately 590. [6]
Did you know?
The first few numbers (even the very first number) of a credit card can reveal a lot. For example, Visa credit cards begin with a 4.
1. ^ The Washington Post
2. ^ TransUnion
3. ^ Equifax
4. ^ Mississippi State Legislature
5. ^ Consumer Financial Protection Bureau
6. ^ United States Census Bureau