Pennsylvania - 2016

Final Grade

Financial Knowledge

F

56.26%

Credit

B-

81.29%

Savings and Spending

B-

81.35%

Retirement Readiness and Other Investing

D+

69.62%

Protect and Insure

B-

82.41%

Financial Knowledge

Mean number of correct answers

D+

67.06%

Offered financial education and participated

F

58.23%

Levels of High School Financial Education

F

55%

Credit

General Credit

B+

88.84%

Housing Credit

B-

80.81%

Auto Credit

B

83.31%

Credit Card

C

74.61%

Student Loan

F

56.31%

Other Credit

B

84.26%

General Credit

Vantage Scores

B

85%

On Time Payers

B

83.44%

Prime Credit

A-

91.65%

Inclusion in Credit Economy

B-

82.15%

Revolving Credit

B+

87.28%

Utilization

B

84.94%

Bankruptcy

B+

89.81%

Share Past Due

B

85.57%

Debt Burden

B-

82.14%

Highest Tier Credit

B

83.13%

Housing Credit

Loan to Value Ratios

C

75.68%

Equity Rich

C

76.34%

Homeownership Rates

A-

92.03%

Mortgage Delinquency Rates

C+

77.69%

Foreclosure Rates

B+

87.1%

Have a Mortgage

A-

90.23%

High Cost to Homeowners

C+

77.22%

High Cost to Renters

C-

71.94%

Seriously Underwater Mortgages

B

84.57%

Mortgage balance as a proportion of household income

A

93.91%

Auto Credit

Auto Loan as Portion of Household Income

B+

87.12%

Auto Loan Delinquencies

A-

91.65%

Percent of Auto Loans

B-

82.56%

Impact of Auto Insurance Premiumes on Credit Scores

C

75.29%

Credit Card

Always Paid Credit Card Bills In Full

C-

72.98%

Carried Balance on Credit Card with Interest Charged

C

74.61%

Made only Minimum Monthly Payments on Credit Card

C-

72.86%

Credit Card Delinquencies

B-

82.18%

Average Credit Card Balance as a Percent of Median Household Income

C+

79.1%

Student Loan

Graduates with Student Debt

D

64%

Average Debt Balance

F

56.64%

Calculated monthly Payments Prior to Borrowing

B-

80.23%

Never Made a Late Payment on your Student Loan

B-

81.14%

Other Credit

Unpaid Medical Bills

C

75.11%

Used Alternative Borrowing

A-

90.45%

Took a Loan from a Retirement Account

B-

82.63%

Delinquency of Unsecured Personal Loans

A

95.69%

Balance of Unsecured Personal Loans as a Percent of Household Income

C+

79.88%

Savings and Spending

Spend less than Income

C+

79.94%

Does not have an emergency fund

B

83.9%

Unbanked

B+

88.21%

Underbanked

C

76.29%

Saving for Children's College

C-

71.82%

Overdraws checking account occasionally

C

73.21%

Could come up with $2,000 in an emergency

C-

72.45%

Has a household budget

C-

72.42%

Has Taken a Hardship Withdrawal from Retirement Account

C

76.87%

Retirement Readiness and Other Investing

Access to a Retirement Plan

A-

90.63%

Take Up Rate of Retirement Plans

B-

82.8%

Tried to Figure Out how much needed for retirement

C-

70.97%

Amount of Income residents will be able to replace in retirement

D+

68.11%

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

C+

79.75%

Invests Outside of Retirement Accounts

C

73.71%

Protect and Insure

Percent without Health Insurance

B

85.19%

Average Face Amount of Life Insurance

C-

70.16%

Uninsured Motorists

A

94.68%