Illinois - 2016

Final Grade

Financial Knowledge

C

75.73%

Credit

C

75.88%

Savings and Spending

B-

82.78%

Retirement Readiness and Other Investing

C-

71.86%

Protect and Insure

C

75.91%

Financial Knowledge

Mean number of correct answers

C-

71.7%

Offered financial education and participated

C-

71.62%

Levels of High School Financial Education

B

85%

Credit

General Credit

B

83.65%

Housing Credit

D

65.6%

Auto Credit

B

83.09%

Credit Card

B

84.64%

Student Loan

D

65.86%

Other Credit

C+

79.37%

General Credit

Vantage Scores

B-

80.71%

On Time Payers

B-

82.88%

Prime Credit

B

84.4%

Inclusion in Credit Economy

C+

78.06%

Revolving Credit

B

85.05%

Utilization

B

84.36%

Bankruptcy

D

65.19%

Share Past Due

B+

89.81%

Debt Burden

B

84.29%

Highest Tier Credit

B

83.13%

Housing Credit

Loan to Value Ratios

F

55%

Equity Rich

F

59.68%

Homeownership Rates

B

84.3%

Mortgage Delinquency Rates

B-

82.28%

Foreclosure Rates

B

85.09%

Have a Mortgage

B-

80.74%

High Cost to Homeowners

C-

71.67%

High Cost to Renters

C

73.63%

Seriously Underwater Mortgages

D-

61.96%

Mortgage balance as a proportion of household income

A-

90.2%

Auto Credit

Auto Loan as Portion of Household Income

B

86.23%

Auto Loan Delinquencies

B+

87.07%

Percent of Auto Loans

B-

82.91%

Impact of Auto Insurance Premiumes on Credit Scores

B-

80.08%

Credit Card

Always Paid Credit Card Bills In Full

B

85.35%

Carried Balance on Credit Card with Interest Charged

B

85.16%

Made only Minimum Monthly Payments on Credit Card

B-

81.43%

Credit Card Delinquencies

B

85.97%

Average Credit Card Balance as a Percent of Median Household Income

B

83.53%

Student Loan

Graduates with Student Debt

D+

68.5%

Average Debt Balance

D+

69.58%

Calculated monthly Payments Prior to Borrowing

B

85.42%

Never Made a Late Payment on your Student Loan

C

76.6%

Other Credit

Unpaid Medical Bills

C+

79.22%

Used Alternative Borrowing

C+

79.51%

Took a Loan from a Retirement Account

C+

79.65%

Delinquency of Unsecured Personal Loans

C+

79.2%

Balance of Unsecured Personal Loans as a Percent of Household Income

A-

92.83%

Savings and Spending

Spend less than Income

C-

71.9%

Does not have an emergency fund

B

85.96%

Unbanked

B-

80.36%

Underbanked

A-

91.56%

Saving for Children's College

B-

81.22%

Overdraws checking account occasionally

B

83.93%

Could come up with $2,000 in an emergency

C

76.08%

Has a household budget

F

57.49%

Has Taken a Hardship Withdrawal from Retirement Account

C

74.93%

Retirement Readiness and Other Investing

Access to a Retirement Plan

B

85%

Take Up Rate of Retirement Plans

B-

80.8%

Tried to Figure Out how much needed for retirement

C

75.63%

Amount of Income residents will be able to replace in retirement

C-

70.49%

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

B

84.25%

Invests Outside of Retirement Accounts

C+

77.27%

Protect and Insure

Percent without Health Insurance

B-

81.77%

Average Face Amount of Life Insurance

C

74.22%

Uninsured Motorists

B-

80.77%