Oklahoma - 2016

Final Grade

Financial Knowledge

D

65.19%

Credit

D+

68.79%

Savings and Spending

D

64.69%

Retirement Readiness and Other Investing

D+

67.8%

Protect and Insure

F

55.72%

Financial Knowledge

Mean number of correct answers

D+

68.45%

Offered financial education and participated

F

59.6%

Levels of High School Financial Education

C

75%

Credit

General Credit

D+

67.08%

Housing Credit

C+

78.1%

Auto Credit

D

66.5%

Credit Card

D-

61.95%

Student Loan

C+

78.91%

Other Credit

D-

60.72%

General Credit

Vantage Scores

D-

62.14%

On Time Payers

D

64.94%

Prime Credit

D+

69.15%

Inclusion in Credit Economy

C-

71.36%

Revolving Credit

D

65.81%

Utilization

D+

67.94%

Bankruptcy

B

83.87%

Share Past Due

C+

77.08%

Debt Burden

C

73.57%

Highest Tier Credit

D

63.44%

Housing Credit

Loan to Value Ratios

C

73.24%

Equity Rich

D-

61.59%

Homeownership Rates

B

83.36%

Mortgage Delinquency Rates

B-

80.5%

Foreclosure Rates

B+

88.83%

Have a Mortgage

C-

71.63%

High Cost to Homeowners

B

84.44%

High Cost to Renters

B

86.45%

Seriously Underwater Mortgages

B+

87.39%

Mortgage balance as a proportion of household income

A

94.65%

Auto Credit

Auto Loan as Portion of Household Income

D

63.44%

Auto Loan Delinquencies

C-

71.44%

Percent of Auto Loans

D

65.05%

Impact of Auto Insurance Premiumes on Credit Scores

B

83.03%

Credit Card

Always Paid Credit Card Bills In Full

F

59.77%

Carried Balance on Credit Card with Interest Charged

C

73.56%

Made only Minimum Monthly Payments on Credit Card

D

64.09%

Credit Card Delinquencies

C

73.41%

Average Credit Card Balance as a Percent of Median Household Income

D-

60.86%

Student Loan

Graduates with Student Debt

B

86.5%

Average Debt Balance

B

86.37%

Calculated monthly Payments Prior to Borrowing

B

83.2%

Never Made a Late Payment on your Student Loan

D+

68.8%

Other Credit

Unpaid Medical Bills

D+

68.52%

Used Alternative Borrowing

F

59.45%

Took a Loan from a Retirement Account

B-

80.67%

Delinquency of Unsecured Personal Loans

F

55%

Balance of Unsecured Personal Loans as a Percent of Household Income

A

95.74%

Savings and Spending

Spend less than Income

F

55%

Does not have an emergency fund

F

59.08%

Unbanked

D+

67.86%

Underbanked

C

76.29%

Saving for Children's College

C-

71.7%

Overdraws checking account occasionally

F

58.93%

Could come up with $2,000 in an emergency

D-

62.65%

Has a household budget

C-

70.57%

Has Taken a Hardship Withdrawal from Retirement Account

C

75.34%

Retirement Readiness and Other Investing

Access to a Retirement Plan

B-

81.25%

Take Up Rate of Retirement Plans

C

74.49%

Tried to Figure Out how much needed for retirement

C

74.85%

Amount of Income residents will be able to replace in retirement

B+

87.81%

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

C+

79%

Invests Outside of Retirement Accounts

D-

62.45%

Protect and Insure

Percent without Health Insurance

D

65.54%

Average Face Amount of Life Insurance

C

75%

Uninsured Motorists

F

55%