Georgia - 2016

Final Grade

Financial Knowledge

C

73.4%

Credit

D-

62.24%

Savings and Spending

C

74.98%

Retirement Readiness and Other Investing

F

59.93%

Protect and Insure

D+

69.17%

Financial Knowledge

Mean number of correct answers

D

64.74%

Offered financial education and participated

C+

79.23%

Levels of High School Financial Education

B

85%

Credit

General Credit

D

64.27%

Housing Credit

D+

69.9%

Auto Credit

D+

69.91%

Credit Card

D

64.73%

Student Loan

C-

71.68%

Other Credit

D-

62.53%

General Credit

Vantage Scores

F

59.29%

On Time Payers

D-

60.8%

Prime Credit

D-

60.63%

Inclusion in Credit Economy

C+

78.06%

Revolving Credit

C

73.45%

Utilization

D

65.34%

Bankruptcy

D-

61.79%

Share Past Due

C+

77.08%

Debt Burden

B-

82.14%

Highest Tier Credit

D-

60.63%

Housing Credit

Loan to Value Ratios

D+

69.59%

Equity Rich

D

64.28%

Homeownership Rates

C

76.56%

Mortgage Delinquency Rates

B-

81.13%

Foreclosure Rates

A

94.99%

Have a Mortgage

C

74.69%

High Cost to Homeowners

C

75.37%

High Cost to Renters

D+

69.03%

Seriously Underwater Mortgages

C

76.3%

Mortgage balance as a proportion of household income

B

85.89%

Auto Credit

Auto Loan as Portion of Household Income

C-

72.02%

Auto Loan Delinquencies

C

73.05%

Percent of Auto Loans

B

83.24%

Impact of Auto Insurance Premiumes on Credit Scores

C

75.29%

Credit Card

Always Paid Credit Card Bills In Full

C-

70.71%

Carried Balance on Credit Card with Interest Charged

C+

79.32%

Made only Minimum Monthly Payments on Credit Card

D

66.58%

Credit Card Delinquencies

D

65.23%

Average Credit Card Balance as a Percent of Median Household Income

D-

60.86%

Student Loan

Graduates with Student Debt

C

76%

Average Debt Balance

C+

77.04%

Calculated monthly Payments Prior to Borrowing

A+

100%

Never Made a Late Payment on your Student Loan

F

58.11%

Other Credit

Unpaid Medical Bills

D

66.2%

Used Alternative Borrowing

D-

62.71%

Took a Loan from a Retirement Account

C-

72.29%

Delinquency of Unsecured Personal Loans

B

83.52%

Balance of Unsecured Personal Loans as a Percent of Household Income

C+

79.63%

Savings and Spending

Spend less than Income

B-

82.64%

Does not have an emergency fund

B-

81.61%

Unbanked

D+

67.86%

Underbanked

D

66.85%

Saving for Children's College

B

83.42%

Overdraws checking account occasionally

D

66.05%

Could come up with $2,000 in an emergency

D-

61.65%

Has a household budget

B-

81.97%

Has Taken a Hardship Withdrawal from Retirement Account

D

65.7%

Retirement Readiness and Other Investing

Access to a Retirement Plan

D+

68.13%

Take Up Rate of Retirement Plans

C+

79.08%

Tried to Figure Out how much needed for retirement

C

73.44%

Amount of Income residents will be able to replace in retirement

B-

80.65%

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

D+

67%

Invests Outside of Retirement Accounts

D

65.2%

Protect and Insure

Percent without Health Insurance

D

64.4%

Average Face Amount of Life Insurance

C

74.53%

Uninsured Motorists

B

84.05%