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

Change in Consumers with Subprime Credit

Reports & Graphics

Definition

Percent change in consumers with subprime credit, Quarter 3, 2001 – Quarter 3, 2012.

Description

Credit is an important asset, and good credit opens the door to safe and affordable capital, which helps consumers weather emergencies, build assets and climb the economic ladder. Without good credit, consumers pay higher interest rates than other consumers on everything from credit cards to car loans to mortgages. This indicator tracks the change, over time, of the percentage of consumers with subprime credit.

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Change in Consumers with Subprime Credit

Consumers with Subprime Credit (%)
StateQ3 2001Q3 2002Q3 2003Q3 2004Q3 2005Q3 2006Q3 2007Q3 2008Q3 2009Q3 2010Q3 2011Q3 2012
United States  52.7%  53.1%  53.6%  54.0%  53.9%  48.4%  53.8%  54.1%  55.8%  56.4%  55.8%  56.4% 
Alabama  59.6%  59.7%  60.6%  60.7%  60.8%  60.2%  60.2%  60.4%  62.0%  62.2%  61.8%  62.6% 
Alaska  56.6%  57.0%  55.9%  56.0%  56.3%  55.1%  55.0%  55.6%  55.6%  55.5%  55.3%  55.6% 
Arizona  55.4%  56.0%  56.6%  57.0%  56.0%  55.0%  55.9%  56.6%  58.9%  59.9%  60.0%  60.5% 
Arkansas  60.0%  60.7%  61.3%  61.6%  61.2%  61.4%  61.0%  61.4%  63.1%  63.5%  63.2%  63.8% 
California  54.1%  54.3%  54.4%  54.2%  53.3%  52.5%  52.5%  53.1%  55.9%  56.9%  56.2%  56.8% 
Colorado  49.5%  49.7%  50.9%  50.7%  50.1%  49.6%  49.5%  50.1%  51.3%  51.8%  51.3%  51.8% 
Connecticut  46.1%  46.8%  47.5%  48.0%  48.8%  46.3%  47.5%  47.8%  48.6%  49.0%  48.0%  49.0% 
Delaware  52.1%  53.2%  53.6%  53.9%  51.5%  53.7%  53.2%  54.0%  55.4%  56.0%  56.2%  57.1% 
District of Columbia  60.1%  60.3%  59.9%  59.1%  57.8%  57.8%  57.4%  56.4%  57.9%  57.1%  56.7%  56.7% 
Florida  54.4%  55.3%  56.0%  56.4%  56.3%  56.2%  56.7%  57.4%  60.1%  61.2%  60.7%  61.4% 
Georgia  59.6%  60.0%  60.6%  61.5%  61.8%  61.6%  61.6%  62.3%  63.7%  64.6%  64.5%  65.2% 
Hawaii  49.2%  48.5%  48.3%  48.4%  47.7%  46.3%  46.5%  46.3%  48.2%  49.2%  48.4%  48.2% 
Idaho  49.3%  50.1%  50.7%  51.8%  50.9%  50.4%  50.1%  50.4%  52.3%  52.8%  53.1%  53.1% 
Illinois  51.3%  51.7%  53.0%  53.4%  53.3%  53.2%  53.4%  53.5%  54.9%  55.2%  54.6%  54.9% 
Indiana  53.0%  53.4%  53.9%  55.5%  55.5%  56.1%  55.8%  56.0%  57.4%  57.6%  57.2%  57.9% 
Iowa  42.4%  43.2%  44.2%  44.6%  44.8%  44.8%  44.9%  45.2%  46.3%  46.4%  45.9%  47.0% 
Kansas  49.1%  50.0%  50.6%  51.4%  51.4%  51.2%  51.1%  51.2%  52.6%  52.4%  51.8%  52.7% 
Kentucky  55.9%  56.2%  56.4%  57.4%  57.3%  56.9%  57.0%  57.3%  58.7%  59.3%  59.1%  59.7% 
Louisiana  61.5%  62.0%  62.3%  63.1%  62.7%  62.2%  62.3%  62.8%  64.7%  64.7%  64.4%  65.0% 
Maine  50.2%  50.4%  51.0%  51.1%  51.6%  53.2%  51.6%  51.5%  52.7%  53.3%  52.6%  51.8% 
Maryland  52.8%  52.7%  52.6%  52.4%  51.8%  52.5%  52.5%  52.7%  54.4%  55.2%  54.8%  55.7% 
Massachusetts  42.6%  42.2%  41.8%  43.0%  43.5%  42.9%  43.6%  43.8%  45.9%  46.6%  46.4%  47.6% 
Michigan  50.7%  51.3%  51.9%  52.4%  52.3%  52.5%  52.3%  52.3%  53.9%  54.3%  54.3%  55.4% 
Minnesota  41.0%  41.0%  41.3%  41.4%  41.6%  41.6%  41.6%  41.9%  42.9%  43.8%  43.2%  43.8% 
Mississippi  66.8%  67.1%  67.6%  67.8%  67.7%  67.3%  66.9%  67.2%  69.0%  69.3%  68.7%  69.1% 
Missouri  51.6%  52.0%  53.2%  53.7%  53.6%  53.7%  53.7%  54.0%  55.6%  56.0%  55.5%  56.4% 
Montana  46.1%  46.7%  48.1%  47.9%  47.5%  46.7%  47.2%  47.3%  48.1%  48.7%  48.1%  48.6% 
Nebraska  44.8%  45.6%  45.9%  46.0%  46.5%  46.3%  46.5%  46.7%  47.6%  47.9%  47.3%  47.8% 
Nevada  62.2%  62.7%  63.2%  63.0%  61.9%  61.9%  62.4%  63.7%  66.1%  67.4%  67.3%  67.9% 
New Hampshire  48.1%  48.1%  48.0%  48.5%  49.2%  47.0%  48.8%  48.2%  49.8%  50.2%  49.8%  49.5% 
New Jersey  47.2%  47.6%  47.5%  48.4%  48.7%  47.7%  48.7%  48.6%  50.4%  51.4%  50.9%  51.9% 
New Mexico  58.6%  58.5%  59.5%  59.9%  59.7%  59.2%  59.9%  60.2%  61.4%  62.1%  61.1%  62.0% 
New York  49.5%  49.4%  49.6%  50.0%  50.6%  54.4%  50.9%  51.0%  52.4%  53.0%  51.6%  52.4% 
North Carolina  56.3%  56.5%  57.2%  57.5%  57.1%  56.9%  56.4%  56.6%  58.2%  58.3%  57.8%  58.0% 
North Dakota  41.7%  42.0%  42.7%  42.5%  42.9%  42.1%  42.4%  42.2%  42.2%  42.7%  42.2%  42.9% 
Ohio  50.4%  50.9%  51.5%  53.0%  52.7%  52.7%  53.1%  53.3%  54.6%  54.8%  54.7%  55.4% 
Oklahoma  59.7%  60.1%  60.9%  61.2%  61.1%  61.1%  61.0%  61.2%  62.7%  63.0%  62.6%  62.9% 
Oregon  49.4%  49.7%  50.3%  50.2%  49.9%  48.7%  48.5%  48.7%  50.3%  51.0%  50.7%  51.2% 
Pennsylvania  45.1%  46.1%  46.6%  47.4%  48.2%  48.3%  48.7%  48.5%  50.0%  50.5%  50.0%  50.7% 
Rhode Island  47.1%  47.8%  48.5%  48.6%  49.0%  50.4%  49.2%  49.9%  51.5%  52.2%  51.7%  52.7% 
South Carolina  61.3%  61.9%  62.1%  62.5%  62.1%  61.7%  61.6%  62.1%  63.5%  63.8%  63.7%  63.7% 
South Dakota  43.5%  44.2%  45.3%  45.5%  45.4%  44.7%  45.5%  45.5%  46.2%  46.1%  45.5%  45.8% 
Tennessee  56.5%  56.9%  57.2%  58.0%  57.8%  57.5%  57.6%  58.3%  59.6%  59.9%  59.5%  60.2% 
Texas  62.9%  63.4%  64.5%  64.7%  64.5%  64.6%  64.6%  64.8%  66.1%  66.3%  65.1%  65.3% 
Utah  48.9%  50.3%  51.0%  50.9%  50.6%  49.3%  49.2%  49.2%  51.0%  51.1%  50.8%  50.8% 
Vermont  46.3%  46.9%  46.9%  45.9%  46.3%  48.5%  45.8%  44.8%  45.7%  46.5%  46.0%  46.4% 
Virginia  51.8%  51.8%  51.7%  51.2%  50.2%  50.7%  50.5%  50.8%  52.3%  52.7%  52.3%  53.0% 
Washington  48.5%  48.8%  48.9%  49.2%  48.8%  47.8%  47.0%  47.2%  48.7%  49.4%  49.0%  49.6% 
West Virginia  54.3%  54.6%  54.8%  55.8%  55.2%  56.0%  56.3%  56.7%  58.5%  58.7%  58.3%  59.2% 
Wisconsin  44.2%  44.1%  44.8%  47.3%  46.3%  47.5%  47.5%  47.9%  48.8%  49.3%  49.2%  50.0% 
Wyoming  48.9%  49.3%  50.2%  51.0%  50.9%  50.6%  51.0%  51.1%  52.2%  52.4%  51.5%  52.1% 

Trend Data. Chicago, IL: TransUnion, 2001-2012.

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