Covington, TN Credit Card & Personal Finance Statistics
Covington Credit Card Debt
- Credit Card Debt in Covington
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- The estimated average credit card debt for Covington residents is $4,669. [1]
- Average credit card debt amount in Tennessee (all cities) is
6% less than the national average of $4,965.
- Collectively, Tennessee cities rank 35th in the U.S. in average credit card debt. [1]
Covington Credit Card Calculator
Covington Credit Scores
- Credit Scores in Covington
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- Residents of Covington, TN have an estimated average credit score of 682. [3]
- The average credit score in Tennessee (all cities) is
2.01% less than the national average score of 696.
- Tennessee collectively ranks 43rd in the U.S. in average credit score of residents. [3]
More Covington, TN Credit Stats
- Credit card delinquency rates in Tennessee [2]
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- Tennessee residents (all cities) rank 14th in the U.S. with a rate that
is 16% greater than the national average of 0.57%.
- Covington cardholders that are more than 90 days late on payments
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- Tennessee Rate: 0.66%
- National Average: 0.57%
- Statute of limitations for credit card debt in Covington [4]
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- Covington (Tennessee) Law: 6 years
- U.S. State Average: 5.4 years
Additional information about Tennessee
About Covington
Covington is a city located in Tipton County in the state of Tennessee, and has a population of approximately 9,038. [6]
Did you know?
Paying with plastic? American Express was the first company with an actual plastic credit card - the first being introduced in 1958.
1. ^ The Washington Post
2. ^ TransUnion
3. ^ Equifax
4. ^ Tennessee State Legislature
5. ^ Consumer Financial Protection Bureau
6. ^ United States Census Bureau
