Ohio - 2016

Final Grade

Financial Knowledge

C-

72.07%

Credit

C+

77.01%

Savings and Spending

B-

82.88%

Retirement Readiness and Other Investing

C-

72.54%

Protect and Insure

C

75.31%

Financial Knowledge

Mean number of correct answers

C-

70.31%

Offered financial education and participated

D

64.51%

Levels of High School Financial Education

B

85%

Credit

General Credit

B-

81.75%

Housing Credit

C

73.77%

Auto Credit

B-

81.38%

Credit Card

B

84.98%

Student Loan

F

56.29%

Other Credit

B-

80.23%

General Credit

Vantage Scores

C+

77.14%

On Time Payers

C+

78.74%

Prime Credit

B-

82.4%

Inclusion in Credit Economy

B

86.61%

Revolving Credit

B-

82.51%

Utilization

C+

78.95%

Bankruptcy

C

75.38%

Share Past Due

B-

82.17%

Debt Burden

B-

82.86%

Highest Tier Credit

C+

77.5%

Housing Credit

Loan to Value Ratios

F

58.65%

Equity Rich

F

59.87%

Homeownership Rates

B

83.83%

Mortgage Delinquency Rates

B

84.96%

Foreclosure Rates

B+

87.63%

Have a Mortgage

B

86.06%

High Cost to Homeowners

B

84.44%

High Cost to Renters

C+

78.71%

Seriously Underwater Mortgages

D+

67.17%

Mortgage balance as a proportion of household income

A+

97.33%

Auto Credit

Auto Loan as Portion of Household Income

B

84.9%

Auto Loan Delinquencies

B

86.26%

Percent of Auto Loans

C+

78.81%

Impact of Auto Insurance Premiumes on Credit Scores

C+

79.34%

Credit Card

Always Paid Credit Card Bills In Full

A-

92.56%

Carried Balance on Credit Card with Interest Charged

A

93.76%

Made only Minimum Monthly Payments on Credit Card

B-

82.52%

Credit Card Delinquencies

B-

80.71%

Average Credit Card Balance as a Percent of Median Household Income

C

73.24%

Student Loan

Graduates with Student Debt

D+

68.5%

Average Debt Balance

D+

68.47%

Calculated monthly Payments Prior to Borrowing

C

75.3%

Never Made a Late Payment on your Student Loan

D+

69.7%

Other Credit

Unpaid Medical Bills

C+

78.13%

Used Alternative Borrowing

C+

77.13%

Took a Loan from a Retirement Account

B+

89.44%

Delinquency of Unsecured Personal Loans

A-

90.33%

Balance of Unsecured Personal Loans as a Percent of Household Income

C+

77.73%

Savings and Spending

Spend less than Income

B

85.04%

Does not have an emergency fund

C-

70.39%

Unbanked

B-

81.07%

Underbanked

B-

80.71%

Saving for Children's College

B

85.09%

Overdraws checking account occasionally

B

85.19%

Could come up with $2,000 in an emergency

D+

68%

Has a household budget

C-

70.05%

Has Taken a Hardship Withdrawal from Retirement Account

C+

78.47%

Retirement Readiness and Other Investing

Access to a Retirement Plan

A-

90.63%

Take Up Rate of Retirement Plans

C+

78.22%

Tried to Figure Out how much needed for retirement

C

74.48%

Amount of Income residents will be able to replace in retirement

C+

78.36%

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

B-

82.5%

Invests Outside of Retirement Accounts

C-

71.57%

Protect and Insure

Percent without Health Insurance

B

85.47%

Average Face Amount of Life Insurance

D+

69.69%

Uninsured Motorists

B-

80.36%