2013 CFED Scorecard

Financial Assets & Income

Outcome Measures

Income Poverty Rate

Asset Poverty Rate

Asset Poverty by Race

Asset Poverty by Gender

Asset Poverty by Family Structure

Liquid Asset Poverty Rate

Liquid Asset Poverty by Race

Liquid Asset Poverty by Gender

Liquid Asset Poverty by Family Structure

Extreme Asset Poverty Rate

Net Worth

Net Worth by Race

Net Worth by Income

Net Worth by Gender

Net Worth by Family Structure

Unbanked Households

Underbanked Households

Households with Savings Accounts

Consumers with Subprime Credit

Borrowers 90+ Days Overdue

Average Credit Card Debt

Bankruptcy Rate

Policy Priorities

Tax Credits for Working Families

State IDA Program Support

Lifting Asset Limits in Public Benefit Programs

Protections from Predatory Short-Term Loans

Additional Policies

Income Tax Threshold

Tax Burden by Income

Prize-Linked Savings

Paperless Payday

Trend Indicators

Change in Net Worth

Change in Asset Poverty

Change in Liquid Asset Poverty

Change in Consumers with Subprime Credit

Change in Average Credit Card Debt

Businesses & Jobs

Housing & Homeownership

Health Care

Education

CFED Assets & Opportunity Scorecard

Borrowers 90+ Days Overdue

Reports & Graphics

Definition

Percentage of borrowers who are 90 days or more past due on any debt payments, Quarter 3, 2012.

Description

Being overdue on a debt payment negatively impacts a consumer’s credit score. The longer a payment is overdue, the bigger the hit on the credit score. A borrower who is 30 or 60 days overdue is likely struggling financially, while a borrower who is 90 days or more overdue is likely in serious financial trouble. The lending industry regards these accounts as unlikely to be repaid.

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Borrowers 90+ Days Overdue

StatePercent of Borrowers
Currently 90+ Days
Past Due (%)
Rank
United States  4.33%   
Alabama  4.28%  33 
Alaska  2.76% 
Arizona  4.74%  39 
Arkansas  4.24%  32 
California  3.92%  22 
Colorado  3.46%  16 
Connecticut  4.02%  24 
Delaware  4.74%  39 
District of Columbia  5.02%  46 
Florida  6.89%  51 
Georgia  5.28%  48 
Hawaii  2.96% 
Idaho  4.05%  27 
Illinois  4.73%  38 
Indiana  4.48%  35 
Iowa  3.34%  13 
Kansas  3.41%  15 
Kentucky  4.46%  34 
Louisiana  4.89%  43 
Maine  4.04%  25 
Maryland  4.98%  45 
Massachusetts  3.60%  18 
Michigan  4.05%  27 
Minnesota  3.18% 
Mississippi  5.60%  49 
Missouri  4.04%  25 
Montana  3.04% 
Nebraska  2.63% 
Nevada  6.57%  50 
New Hampshire  3.30%  12 
New Jersey  4.75%  41 
New Mexico  4.89%  43 
New York  4.07%  29 
North Carolina  4.20%  30 
North Dakota  2.05% 
Ohio  4.55%  37 
Oklahoma  4.82%  42 
Oregon  3.75%  19 
Pennsylvania  3.56%  17 
Rhode Island  3.92%  22 
South Carolina  5.16%  47 
South Dakota  2.97% 
Tennessee  4.22%  31 
Texas  4.49%  36 
Utah  3.18% 
Vermont  2.84% 
Virginia  3.34%  13 
Washington  3.82%  20 
West Virginia  3.88%  21 
Wisconsin  3.29%  11 
Wyoming  2.88% 

Source

Trend Data. Chicago, IL: TransUnion, 2012.

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