North Dakota - 2016

Final Grade

Financial Knowledge

A-

90.06%

Credit

A+

100%

Savings and Spending

A+

99.75%

Retirement Readiness and Other Investing

C

74.37%

Protect and Insure

B

85.3%

Financial Knowledge

Mean number of correct answers

B+

88.87%

Offered financial education and participated

C

76.04%

Levels of High School Financial Education

B

85%

Credit

General Credit

A+

99.27%

Housing Credit

A+

100%

Auto Credit

B

83.53%

Credit Card

A

94.41%

Student Loan

C-

71.07%

Other Credit

B+

88.13%

General Credit

Vantage Scores

A-

92.86%

On Time Payers

A+

100%

Prime Credit

A+

99.09%

Inclusion in Credit Economy

C

76.94%

Revolving Credit

A

96.34%

Utilization

A+

100%

Bankruptcy

A+

97.45%

Share Past Due

B

86.42%

Debt Burden

B-

80.71%

Highest Tier Credit

A+

100%

Housing Credit

Loan to Value Ratios

A

93.92%

Equity Rich

C+

78.94%

Homeownership Rates

B-

80.31%

Mortgage Delinquency Rates

A+

100%

Foreclosure Rates

A+

100%

Have a Mortgage

B

84.29%

High Cost to Homeowners

A+

100%

High Cost to Renters

A+

99.27%

Seriously Underwater Mortgages

A+

98.04%

Mortgage balance as a proportion of household income

A

95.54%

Auto Credit

Auto Loan as Portion of Household Income

B-

80.02%

Auto Loan Delinquencies

A

95.42%

Percent of Auto Loans

D

66.51%

Impact of Auto Insurance Premiumes on Credit Scores

B

84.51%

Credit Card

Always Paid Credit Card Bills In Full

A-

90.55%

Carried Balance on Credit Card with Interest Charged

A-

90.86%

Made only Minimum Monthly Payments on Credit Card

B

86.99%

Credit Card Delinquencies

A

94.45%

Average Credit Card Balance as a Percent of Median Household Income

A+

97.24%

Student Loan

Graduates with Student Debt

N/A

0%

Average Debt Balance

N/A

0%

Calculated monthly Payments Prior to Borrowing

F

55%

Never Made a Late Payment on your Student Loan

A+

100%

Other Credit

Unpaid Medical Bills

C+

79.55%

Used Alternative Borrowing

B+

87.35%

Took a Loan from a Retirement Account

A+

97.81%

Delinquency of Unsecured Personal Loans

B+

88.59%

Balance of Unsecured Personal Loans as a Percent of Household Income

B-

81.06%

Savings and Spending

Spend less than Income

A

94.56%

Does not have an emergency fund

A+

100%

Unbanked

A

96.79%

Underbanked

B-

80.71%

Saving for Children's College

C

75.24%

Overdraws checking account occasionally

A+

97.26%

Could come up with $2,000 in an emergency

A+

100%

Has a household budget

F

59.4%

Has Taken a Hardship Withdrawal from Retirement Account

A+

98.95%

Retirement Readiness and Other Investing

Access to a Retirement Plan

A

96.25%

Take Up Rate of Retirement Plans

B

84.52%

Tried to Figure Out how much needed for retirement

B-

82.9%

Amount of Income residents will be able to replace in retirement

F

56.42%

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

B-

81.5%

Invests Outside of Retirement Accounts

B-

80.26%

Protect and Insure

Percent without Health Insurance

B

86.9%

Average Face Amount of Life Insurance

C

73.13%

Uninsured Motorists

A

95.91%