Delaware - 2016

Final Grade

Financial Knowledge

C-

71.52%

Credit

D+

68.79%

Savings and Spending

B-

80.45%

Retirement Readiness and Other Investing

C

75.88%

Protect and Insure

B

85.8%

Financial Knowledge

Mean number of correct answers

B-

80.05%

Offered financial education and participated

C

73.52%

Levels of High School Financial Education

F

55%

Credit

General Credit

B-

80.03%

Housing Credit

C-

71.23%

Auto Credit

C

76.45%

Credit Card

D+

67.24%

Student Loan

F

55%

Other Credit

B-

81.86%

General Credit

Vantage Scores

C-

72.86%

On Time Payers

C-

72.94%

Prime Credit

B-

81.31%

Inclusion in Credit Economy

C

75.83%

Revolving Credit

B+

87.28%

Utilization

C+

78.56%

Bankruptcy

B

83.87%

Share Past Due

B

83.87%

Debt Burden

B

83.57%

Highest Tier Credit

C-

71.88%

Housing Credit

Loan to Value Ratios

C

74.46%

Equity Rich

D+

68.9%

Homeownership Rates

A

95.55%

Mortgage Delinquency Rates

D

65.84%

Foreclosure Rates

B

85.62%

Have a Mortgage

D+

69.66%

High Cost to Homeowners

C-

72.22%

High Cost to Renters

C

75.08%

Seriously Underwater Mortgages

C+

78.48%

Mortgage balance as a proportion of household income

B+

89.16%

Auto Credit

Auto Loan as Portion of Household Income

B+

88.75%

Auto Loan Delinquencies

C+

77.63%

Percent of Auto Loans

F

55%

Impact of Auto Insurance Premiumes on Credit Scores

C+

79.71%

Credit Card

Always Paid Credit Card Bills In Full

D-

60.57%

Carried Balance on Credit Card with Interest Charged

F

55%

Made only Minimum Monthly Payments on Credit Card

C

75.06%

Credit Card Delinquencies

C+

77.21%

Average Credit Card Balance as a Percent of Median Household Income

B

84.74%

Student Loan

Graduates with Student Debt

C

76%

Average Debt Balance

F

55%

Calculated monthly Payments Prior to Borrowing

B-

80.7%

Never Made a Late Payment on your Student Loan

D+

67.83%

Other Credit

Unpaid Medical Bills

C

73.48%

Used Alternative Borrowing

B-

80.94%

Took a Loan from a Retirement Account

B-

81.07%

Delinquency of Unsecured Personal Loans

A

94.44%

Balance of Unsecured Personal Loans as a Percent of Household Income

B+

87.26%

Savings and Spending

Spend less than Income

B

85.93%

Does not have an emergency fund

C+

78.45%

Unbanked

B

85%

Underbanked

B

83.73%

Saving for Children's College

C

75.76%

Overdraws checking account occasionally

D

65.52%

Could come up with $2,000 in an emergency

C+

79.53%

Has a household budget

F

56.53%

Has Taken a Hardship Withdrawal from Retirement Account

C+

79.32%

Retirement Readiness and Other Investing

Access to a Retirement Plan

B

86.88%

Take Up Rate of Retirement Plans

A-

90.54%

Tried to Figure Out how much needed for retirement

D

64.26%

Amount of Income residents will be able to replace in retirement

B

83.49%

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

B

84%

Invests Outside of Retirement Accounts

C+

77.73%

Protect and Insure

Percent without Health Insurance

B+

87.18%

Average Face Amount of Life Insurance

B

85.31%

Uninsured Motorists

B

84.45%