Credit Card LocalCredit Card Local
Comprehensive Local Credit Card Guide

Tennessee Credit Cards

Credit Card Debt in TN

^ Tennessee residents have average credit card debt of $4,669, which ranks 35th in the nation. [1]

Credit Card Info in TN by City

Select a city for local information:

Go

Credit Card Delinquency in TN

^ The credit card delinquency rate for Tennessee residents is 0.66%, which ranks 14th in the U.S. [2]

TN Credit Cards

Tennessee Credit Card & Personal Finance Statistics

Tennessee Credit Card Debt


  • Credit Card Debt: TN vs. U.S.
    • Tennessee residents have average credit card debt of $4,669. [1]
    • The average credit card debt amount in Tennessee is 6% less than the national average of $4,965.
    • TN ranks 35th in the nation in average credit card debt. [1]

Credit Card Delinquency in TN


  • Cardholders that are more than 90 days late on credit card payments in Tennessee [2]
    • Tennessee ranks 14th in the nation with a credit card delinquency rate that is 16% greater than the national average of 0.57%.
    • Tennessee Rate: 0.66%
    • National Average: 0.57%
  • Statute of limitations for credit card debt in Tennessee [4]
    • Tennessee: 6 years
    • U.S. Average: 5.4 years

Tennessee Credit Scores


  • Credit Scores: TN vs. U.S.
    • Tennessee residents have an average credit score of 682. [3]
    • The average credit score for Tennessee residents is 2% less than the national average score of 696.
    • TN ranks 43rd in the nation in average credit score. [3]

Tennessee Demographics

Income Breakdown in Tennessee

The state of Tennessee has a median household income is $48,075. Approximately 18 percent of households in TN have incomes below the poverty level. [5]



Household Income: Tennessee vs. U.S.

The median household income in the state of Tennessee is approximately 18 percent less than the median income for the United States in its entirety.

For the nation as a whole, the median household income is $58,283, versus the Tennessee median household income of $48,075. [5]


Age Breakdown in Tennessee

In Tennessee, just under 75 percent of state residents meet the minimum age requirement to own a credit card in their own name without a co-signer. [5] [6]



Additional information about Tennessee

About Tennessee

The state of Tennessee has a population of approximately 6,346,105, ranking 15th in the nation. [5]

TN Credit Cards

More about Tennessee Credit Cards

For more information about Tennessee credit cards, or for additional resources regarding credit cards overall, visit Consumer Financial Protection Bureau.

Did you know?

Paying with plastic? American Express was the first company with an actual plastic credit card - the first being introduced in 1958.

Tennessee Cities

Tennessee ZIP Codes


Go

References

1. ^ The Washington Post

2. ^ TransUnion

3. ^ Equifax

4. ^ Tennessee State Legislature

5. ^ United States Census Bureau

6. ^ U.S. Federal Reserve