North Carolina - 2016

Final Grade

Financial Knowledge

D+

69.46%

Credit

C-

72.93%

Savings and Spending

C

76.55%

Retirement Readiness and Other Investing

F

58.26%

Protect and Insure

C

73.84%

Financial Knowledge

Mean number of correct answers

D

64.74%

Offered financial education and participated

D+

68.58%

Levels of High School Financial Education

B

85%

Credit

General Credit

C+

77.61%

Housing Credit

C

74.06%

Auto Credit

C+

77.75%

Credit Card

D+

69.06%

Student Loan

C-

70.84%

Other Credit

C-

70.89%

General Credit

Vantage Scores

D+

69.29%

On Time Payers

D+

69.91%

Prime Credit

C-

72.78%

Inclusion in Credit Economy

D+

67.64%

Revolving Credit

B-

82.51%

Utilization

C

73.54%

Bankruptcy

A-

91.51%

Share Past Due

A

94.91%

Debt Burden

B

83.57%

Highest Tier Credit

D+

69.06%

Housing Credit

Loan to Value Ratios

C

75.68%

Equity Rich

D

65.35%

Homeownership Rates

B-

81.25%

Mortgage Delinquency Rates

B-

80.88%

Foreclosure Rates

A

95.19%

Have a Mortgage

C-

72.47%

High Cost to Homeowners

C+

77.41%

High Cost to Renters

C-

72.18%

Seriously Underwater Mortgages

B

85.22%

Mortgage balance as a proportion of household income

B

84.7%

Auto Credit

Auto Loan as Portion of Household Income

C-

72.62%

Auto Loan Delinquencies

B-

82.75%

Percent of Auto Loans

B-

81.26%

Impact of Auto Insurance Premiumes on Credit Scores

B

85.25%

Credit Card

Always Paid Credit Card Bills In Full

D+

69.67%

Carried Balance on Credit Card with Interest Charged

C+

79.37%

Made only Minimum Monthly Payments on Credit Card

C

73.63%

Credit Card Delinquencies

C

75.16%

Average Credit Card Balance as a Percent of Median Household Income

D-

61.97%

Student Loan

Graduates with Student Debt

C+

77.5%

Average Debt Balance

B-

80.97%

Calculated monthly Payments Prior to Borrowing

C+

78.45%

Never Made a Late Payment on your Student Loan

C-

72.64%

Other Credit

Unpaid Medical Bills

D+

67.03%

Used Alternative Borrowing

D+

69.17%

Took a Loan from a Retirement Account

A-

90.58%

Delinquency of Unsecured Personal Loans

A-

90.82%

Balance of Unsecured Personal Loans as a Percent of Household Income

D+

69.59%

Savings and Spending

Spend less than Income

D

65.91%

Does not have an emergency fund

C-

70.71%

Unbanked

C

76.79%

Underbanked

C+

77.7%

Saving for Children's College

C-

70.8%

Overdraws checking account occasionally

B-

80.6%

Could come up with $2,000 in an emergency

F

55%

Has a household budget

B

83.19%

Has Taken a Hardship Withdrawal from Retirement Account

B

86.24%

Retirement Readiness and Other Investing

Access to a Retirement Plan

C+

77.5%

Take Up Rate of Retirement Plans

C+

77.93%

Tried to Figure Out how much needed for retirement

D-

61.04%

Amount of Income residents will be able to replace in retirement

B+

87.17%

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

D-

62.25%

Invests Outside of Retirement Accounts

D-

62.03%

Protect and Insure

Percent without Health Insurance

C-

72.09%

Average Face Amount of Life Insurance

C-

71.09%

Uninsured Motorists

B+

89.36%