Colorado - 2016

Final Grade

Financial Knowledge

D

66.42%

Credit

B

85.12%

Savings and Spending

B-

82.58%

Retirement Readiness and Other Investing

C-

70.29%

Protect and Insure

C+

78.82%

Financial Knowledge

Mean number of correct answers

D+

69.85%

Offered financial education and participated

D-

60.14%

Levels of High School Financial Education

C

75%

Credit

General Credit

B+

89.68%

Housing Credit

B-

82.03%

Auto Credit

B-

81.21%

Credit Card

C-

72.72%

Student Loan

C

76.97%

Other Credit

C

75.02%

General Credit

Vantage Scores

B

83.57%

On Time Payers

B+

87.02%

Prime Credit

A-

92.74%

Inclusion in Credit Economy

C

76.2%

Revolving Credit

A

96.02%

Utilization

A-

90.73%

Bankruptcy

C+

77.92%

Share Past Due

A-

92.36%

Debt Burden

C+

78.57%

Highest Tier Credit

B

85.94%

Housing Credit

Loan to Value Ratios

A-

92.7%

Equity Rich

C+

78.24%

Homeownership Rates

B-

80.55%

Mortgage Delinquency Rates

A+

98.85%

Foreclosure Rates

A+

99.33%

Have a Mortgage

D-

61.51%

High Cost to Homeowners

C

76.48%

High Cost to Renters

C-

71.94%

Seriously Underwater Mortgages

A

95.65%

Mortgage balance as a proportion of household income

C+

78.02%

Auto Credit

Auto Loan as Portion of Household Income

B

84.46%

Auto Loan Delinquencies

B+

89.76%

Percent of Auto Loans

C+

79.39%

Impact of Auto Insurance Premiumes on Credit Scores

C

75.66%

Credit Card

Always Paid Credit Card Bills In Full

D-

62.87%

Carried Balance on Credit Card with Interest Charged

D+

67.17%

Made only Minimum Monthly Payments on Credit Card

C-

70.99%

Credit Card Delinquencies

A-

90.65%

Average Credit Card Balance as a Percent of Median Household Income

B-

82.64%

Student Loan

Graduates with Student Debt

B

85%

Average Debt Balance

B-

81.43%

Calculated monthly Payments Prior to Borrowing

B+

88.59%

Never Made a Late Payment on your Student Loan

D

66.16%

Other Credit

Unpaid Medical Bills

C

76.47%

Used Alternative Borrowing

C-

72.95%

Took a Loan from a Retirement Account

C

74.58%

Delinquency of Unsecured Personal Loans

A-

92.91%

Balance of Unsecured Personal Loans as a Percent of Household Income

B-

81.57%

Savings and Spending

Spend less than Income

F

57.7%

Does not have an emergency fund

C+

78.52%

Unbanked

B

83.93%

Underbanked

B

86.14%

Saving for Children's College

A+

98.91%

Overdraws checking account occasionally

D-

61.4%

Could come up with $2,000 in an emergency

C

75.82%

Has a household budget

B+

88.08%

Has Taken a Hardship Withdrawal from Retirement Account

C-

71.8%

Retirement Readiness and Other Investing

Access to a Retirement Plan

B

85%

Take Up Rate of Retirement Plans

C

76.21%

Tried to Figure Out how much needed for retirement

D+

69.6%

Amount of Income residents will be able to replace in retirement

C+

78.12%

Percent of residents who count on social security for 90+ of their retirement income

B-

82.25%

Invests Outside of Retirement Accounts

C

76.97%

Protect and Insure

Percent without Health Insurance

B-

80.06%

Average Face Amount of Life Insurance

B+

87.81%

Uninsured Motorists

C

74.84%