Farmington, NM Credit Card & Personal Finance Statistics
Farmington Credit Card Debt
- Credit Card Debt in Farmington
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- The estimated average credit card debt for Farmington residents is $4,920. [1]
- Average credit card debt amount in New Mexico (all cities) is
1% less than the national average of $4,965.
- Collectively, New Mexico cities rank 22nd in the U.S. in average credit card debt. [1]
Farmington Credit Card Calculator
Farmington Credit Scores
- Credit Scores in Farmington
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- Residents of Farmington, NM have an estimated average credit score of 683. [3]
- The average credit score in New Mexico (all cities) is
1.87% less than the national average score of 696.
- New Mexico collectively ranks 42nd in the U.S. in average credit score of residents. [3]
More Farmington, NM Credit Stats
- Credit card delinquency rates in New Mexico [2]
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- New Mexico residents (all cities) rank 28th in the U.S. with a rate that
is 4% less than the national average of 0.57%.
- Farmington cardholders that are more than 90 days late on payments
-
- New Mexico Rate: 0.55%
- National Average: 0.57%
- Statute of limitations for credit card debt in Farmington [4]
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- Farmington (New Mexico) Law: 4 years
- U.S. State Average: 5.4 years
Additional information about New Mexico
About Farmington
Farmington is a city located in San Juan County in the state of New Mexico, and has a population of approximately 45,877. [6]
Did you know?
Iowa residents had the lowest average credit card debt in the nation in 2013, at $3,885 per cardholder.
1. ^ The Washington Post
2. ^ TransUnion
3. ^ Equifax
4. ^ New Mexico State Legislature
5. ^ Consumer Financial Protection Bureau
6. ^ United States Census Bureau
