Farmington, MS Credit Card & Personal Finance Statistics
Farmington Credit Card Debt
- Credit Card Debt in Farmington
-
- The estimated average credit card debt for Farmington 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]
Farmington Credit Card Calculator
Farmington Credit Scores
- Credit Scores in Farmington
-
- Residents of Farmington, 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 Farmington, MS Credit Stats
- Credit card delinquency rates in Mississippi [2]
-
- Mississippi residents (all cities) rank 1st in the U.S. with a rate that
is 53% greater than the national average of 0.57%.
- Farmington cardholders that are more than 90 days late on payments
-
- Mississippi Rate: 0.87%
- National Average: 0.57%
- Statute of limitations for credit card debt in Farmington [4]
-
- Farmington (Mississippi) Law: 3 years
- U.S. State Average: 5.4 years
Additional information about Mississippi
About Farmington
Farmington is a town located in Alcorn County in the state of Mississippi, and has a population of approximately 2,186. [6]
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. ^ Mississippi State Legislature
5. ^ Consumer Financial Protection Bureau
6. ^ United States Census Bureau
