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

Consumers with Subprime Credit

Reports & Graphics

Definition

Percentage of consumers with a TransUnion TransRisk Score at or below 700 (on a scale of 150-934), 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. Credit scores also play a major role in setting home and auto insurance premiums and are increasingly checked as part of applications for jobs and rental housing.

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Consumers with Subprime Credit

StatePercent of Consumers
with Subprime Credit (%)
Rank
United States  56.4%   
Alabama  62.6%  43 
Alaska  55.6%  29 
Arizona  60.5%  40 
Arkansas  63.8%  46 
California  56.8%  33 
Colorado  51.8%  17 
Connecticut  49.0%  10 
Delaware  57.1%  34 
District of Columbia  56.7%  32 
Florida  61.4%  41 
Georgia  65.2%  48 
Hawaii  48.2% 
Idaho  53.1%  25 
Illinois  54.9%  26 
Indiana  57.9%  35 
Iowa  47.0% 
Kansas  52.7%  22 
Kentucky  59.7%  38 
Louisiana  65.0%  47 
Maine  51.8%  18 
Maryland  55.7%  30 
Massachusetts  47.6% 
Michigan  55.4%  27 
Minnesota  43.8% 
Mississippi  69.1%  51 
Missouri  56.4%  31 
Montana  48.6% 
Nebraska  47.8% 
Nevada  67.9%  50 
New Hampshire  49.5%  11 
New Jersey  51.9%  19 
New Mexico  62.0%  42 
New York  52.4%  21 
North Carolina  58.0%  36 
North Dakota  42.9% 
Ohio  55.4%  28 
Oklahoma  62.9%  44 
Oregon  51.2%  16 
Pennsylvania  50.7%  14 
Rhode Island  52.7%  23 
South Carolina  63.7%  45 
South Dakota  45.8% 
Tennessee  60.2%  39 
Texas  65.3%  49 
Utah  50.8%  15 
Vermont  46.4% 
Virginia  53.0%  24 
Washington  49.6%  12 
West Virginia  59.2%  37 
Wisconsin  50.0%  13 
Wyoming  52.1%  20 

Source

Trend Data. Chicago, IL: TransUnion, 2012.

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