NOTE: THIS DATA FILE WILL CHANGE! To improve accessibility of data for all users, we will convert this file from a text format to an html table by the end of June 2024. Title: CredAbility Consumer Distress Index (DISCONTINUED) Series ID: CCDIOAQ156N Source: CredAbility Nonprofit Credit Counseling & Education Release: CredAbility Consumer Distress Index (Not a Press Release) Seasonal Adjustment: Not Seasonally Adjusted Frequency: Quarterly Units: Percent Date Range: 1980-01-01 to 2013-01-01 Last Updated: 2013-05-17 1:19 PM CDT Notes: Overview of the Index The Index is a quarterly comprehensive picture of the average American household’s financial condition. Built by assessing the key elements of financial health and distress, it converts a complex set of factors into a single, easy to understand number. Scope and History The index measures the U.S., all 50 states and more than 70 MSAs. The national and state versions date back to 1980 and the MSA versions date back to 1990. Public Data and Proprietary Methodology We use more than 65 data points from government, public and private data and a proprietary methodology for compiling, combining and evaluating data. With nearly 50 years of experience and insight into helping consumers in financial distress, we know the biggest causes of distress, how people react to financial challenges and proven strategies for regaining control. (Note: Our client data is not a data source for the Index) Measured on a 100 Point Scale Financial distress is measured on a 100 point scale and a score under 70 indicates financial distress. The lower the score equals more distress, a weaker financial position, more urgency to act, takes longer and is harder to resolve, and increases the probability of needing a third party help to resolve. The Index score is tied to one of 5 general rating categories, which reflect the strength and stability of the consumer’s position. Less than 60 Emergency / Crisis 60 – 69 Distressed / Unstable 70 – 79 Weakening / At-Risk 80 – 89 Good / Stable 90 and Above Excellent / Secure What Does the Index Measure? We measure the 5 categories of personal finance that reflect or lead to a secure, stable financial life—Employment, Housing, Credit, Household Budget and Net Worth. All are equally important, so have given each category equal weighting. Employment. Stable income is the foundation of any family’s finances. This category measures the impact of unemployment and underemployment on financial health. Key Measures: Unemployment, Underemployment Sample Data Source: Department of Labor, Bureau of Labor Statistics Housing. Safe, affordable housing is a priority for all families. This category measures how consumers are paying their mortgage/rent and the impact of housing costs on their finances. Key Measures: Mortgage and Rental Delinquencies, Housing as Percent of Budget Sample Data Source: National Delinquency Survey Credit. Responsible use of credit creates more borrowing options and lower costs. This category assesses the strength of credit scores and how well families manage their credit. Key Measures: Credit Scores, Trade Line Utilization, Credit Delinquencies, Per Capita Bankruptcies Sample Data Source: National Credit Bureau Household Budget. Spending less than you make is the daily choice that leads to long-term success. This category measures families’ spending patterns and saving for emergencies. Key Measures: Disposable Income, Savings, Consumer Confidence Sample Data Source: Department of Commerce, Bureau of Economic Analysis Net Worth. Strong, positive net worth creates options and independence. This category measures how well consumers are strengthening their personal balance sheets. Key Measures: Household Net Worth, Net Worth versus Funds Required for Long-Term Needs (e.g. retirement) Sample Data Source: Federal Reserve Flow of Funds, Survey of Consumer Finances DATE VALUE 1980-01-01 83.612963222765 1980-04-01 80.505083342183 1980-07-01 80.496054555436 1980-10-01 80.854977760809 1981-01-01 81.262435604800 1981-04-01 81.781935300377 1981-07-01 80.667173589504 1981-10-01 78.496059986034 1982-01-01 78.728075250161 1982-04-01 77.646564484129 1982-07-01 76.528201625327 1982-10-01 75.667187999830 1983-01-01 77.241346862291 1983-04-01 78.861749808744 1983-07-01 79.010280248109 1983-10-01 78.893612015878 1984-01-01 80.797460805107 1984-04-01 81.304007140376 1984-07-01 80.096284283906 1984-10-01 79.793926516367 1985-01-01 80.335317373177 1985-04-01 80.569844151316 1985-07-01 79.986849986435 1985-10-01 79.944780057100 1986-01-01 80.752705749404 1986-04-01 80.720888844244 1986-07-01 80.791511678789 1986-10-01 80.525775098667 1987-01-01 81.800541206216 1987-04-01 83.013632361168 1987-07-01 83.393887249136 1987-10-01 82.399663089856 1988-01-01 84.225948732210 1988-04-01 85.153836692967 1988-07-01 84.741386922225 1988-10-01 84.452659606086 1989-01-01 85.870908921656 1989-04-01 85.916799291011 1989-07-01 84.752398385196 1989-10-01 83.867195296709 1990-01-01 86.033063550473 1990-04-01 85.664523252363 1990-07-01 82.159021400457 1990-10-01 79.639710121449 1991-01-01 79.283119118856 1991-04-01 78.422590642780 1991-07-01 78.652814320934 1991-10-01 77.304754882323 1992-01-01 78.330551067104 1992-04-01 78.629303396583 1992-07-01 78.372461647040 1992-10-01 79.890421011437 1993-01-01 81.964491612898 1993-04-01 81.362763906536 1993-07-01 81.453657594549 1993-10-01 82.837321284871 1994-01-01 84.861572513201 1994-04-01 85.575011621582 1994-07-01 86.504208015532 1994-10-01 86.070818513448 1995-01-01 87.216351522551 1995-04-01 85.956996054868 1995-07-01 84.432713904690 1995-10-01 83.799288642236 1996-01-01 85.227426511787 1996-04-01 83.863483689679 1996-07-01 84.083380825277 1996-10-01 82.975081000498 1997-01-01 84.231739026679 1997-04-01 84.702381230534 1997-07-01 83.931878828051 1997-10-01 83.574493423936 1998-01-01 85.457797053300 1998-04-01 84.860817588969 1998-07-01 84.149540789069 1998-10-01 83.710491295215 1999-01-01 85.029851799592 1999-04-01 83.004701644279 1999-07-01 81.647732262198 1999-10-01 82.332840411610 2000-01-01 84.319635119494 2000-04-01 83.720869581939 2000-07-01 82.417011514313 2000-10-01 79.676344839022 2001-01-01 80.766661102678 2001-04-01 78.267656646181 2001-07-01 80.409305034954 2001-10-01 75.224164874458 2002-01-01 79.725675560140 2002-04-01 78.924326236071 2002-07-01 76.781949482037 2002-10-01 76.351694061233 2003-01-01 76.911781279218 2003-04-01 77.136664628178 2003-07-01 77.772225838314 2003-10-01 77.945425210238 2004-01-01 79.568732195472 2004-04-01 79.769854151756 2004-07-01 79.658324910769 2004-10-01 80.148190577125 2005-01-01 78.952164728389 2005-04-01 77.909221136645 2005-07-01 76.957383635456 2005-10-01 76.052165315699 2006-01-01 81.363788760148 2006-04-01 80.500875581511 2006-07-01 79.252536537502 2006-10-01 79.463407169131 2007-01-01 80.816845636182 2007-04-01 79.062976118897 2007-07-01 77.207484975540 2007-10-01 76.291117938475 2008-01-01 75.702656870308 2008-04-01 74.714132445399 2008-07-01 70.208390161464 2008-10-01 67.397069927784 2009-01-01 65.472982986340 2009-04-01 66.343025861773 2009-07-01 64.266663679965 2009-10-01 64.262353013436 2010-01-01 65.618051005717 2010-04-01 66.584145694090 2010-07-01 66.382895600635 2010-10-01 67.156449705855 2011-01-01 68.146950031423 2011-04-01 69.197274257146 2011-07-01 66.693658954239 2011-10-01 67.599910479674 2012-01-01 69.935145013070 2012-04-01 71.249258852383 2012-07-01 70.482952355339 2012-10-01 71.767546164747 2013-01-01 70.725725322974