Title: CredAbility Consumer Distress Index for Alabama (DISCONTINUED) Series ID: CCDIOAALQ156N 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 1:18 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 77.087327684334 1980-04-01 73.603963998052 1980-07-01 74.263509475251 1980-10-01 74.063034103665 1981-01-01 74.486504297154 1981-04-01 74.435841651828 1981-07-01 72.638859363983 1981-10-01 71.261072126764 1982-01-01 70.935857884737 1982-04-01 70.177636413787 1982-07-01 69.215185649619 1982-10-01 68.635555990497 1983-01-01 69.846352849716 1983-04-01 72.045784716436 1983-07-01 71.741106519141 1983-10-01 71.648386484916 1984-01-01 73.475637758393 1984-04-01 74.068722400190 1984-07-01 73.298228924255 1984-10-01 73.513152536486 1985-01-01 74.292643500143 1985-04-01 75.862775352989 1985-07-01 75.696216474305 1985-10-01 74.788540069393 1986-01-01 74.231096084527 1986-04-01 75.164012003768 1986-07-01 74.006713005184 1986-10-01 73.350300649470 1987-01-01 76.691258386300 1987-04-01 77.871491067482 1987-07-01 77.842996191434 1987-10-01 77.340345251099 1988-01-01 79.286299644741 1988-04-01 80.183407557387 1988-07-01 79.060260771156 1988-10-01 77.437214665228 1989-01-01 78.414449960587 1989-04-01 77.809999578703 1989-07-01 76.605505364795 1989-10-01 76.314759767267 1990-01-01 78.171658679853 1990-04-01 78.151090963069 1990-07-01 75.358993616006 1990-10-01 73.552511518821 1991-01-01 72.003600207567 1991-04-01 71.686698150328 1991-07-01 72.586008859065 1991-10-01 72.037774291802 1992-01-01 74.464424162785 1992-04-01 75.282140357069 1992-07-01 75.762509571500 1992-10-01 76.739798887303 1993-01-01 78.061052907707 1993-04-01 77.660629230424 1993-07-01 77.111953419038 1993-10-01 79.490559891826 1994-01-01 82.778842261055 1994-04-01 83.302776804009 1994-07-01 83.973396164474 1994-10-01 83.244242788294 1995-01-01 84.205226582613 1995-04-01 83.047012964889 1995-07-01 81.619967530247 1995-10-01 81.872114438862 1996-01-01 83.211872436561 1996-04-01 82.267510354479 1996-07-01 82.182000303928 1996-10-01 80.377705874933 1997-01-01 81.643707106205 1997-04-01 81.871073395608 1997-07-01 80.318287363430 1997-10-01 79.621064483470 1998-01-01 80.775422064797 1998-04-01 79.209160368317 1998-07-01 78.472255961485 1998-10-01 78.473449113553 1999-01-01 79.816203210245 1999-04-01 78.419884368448 1999-07-01 76.891479433975 1999-10-01 77.496250335850 2000-01-01 78.596424627652 2000-04-01 77.863829337447 2000-07-01 76.788204446247 2000-10-01 74.561185035939 2001-01-01 75.127564448559 2001-04-01 73.814278117788 2001-07-01 75.769801194651 2001-10-01 71.624793953340 2002-01-01 75.821809468503 2002-04-01 75.594322031920 2002-07-01 73.687191759688 2002-10-01 73.728699701118 2003-01-01 73.574894772413 2003-04-01 74.403407022593 2003-07-01 73.980725805623 2003-10-01 74.690160678700 2004-01-01 75.110589034389 2004-04-01 74.882530108937 2004-07-01 74.177243499642 2004-10-01 74.500131225262 2005-01-01 76.403054941223 2005-04-01 75.720247225420 2005-07-01 73.672403551779 2005-10-01 73.142392223844 2006-01-01 75.810993280400 2006-04-01 75.054730645030 2006-07-01 73.409257394143 2006-10-01 74.311449544586 2007-01-01 75.427545580208 2007-04-01 73.673173256558 2007-07-01 73.248283305256 2007-10-01 72.743234686307 2008-01-01 69.810408849325 2008-04-01 70.258186867372 2008-07-01 68.528445247708 2008-10-01 68.440254219269 2009-01-01 62.409974881429 2009-04-01 63.882415222901 2009-07-01 62.252198321760 2009-10-01 62.292217760371 2010-01-01 63.209726849502 2010-04-01 64.025063932614 2010-07-01 64.143999807476 2010-10-01 64.775175257252 2011-01-01 64.254798046811 2011-04-01 63.911504969567 2011-07-01 62.615603471722 2011-10-01 63.196461429018 2012-01-01 66.628059151569 2012-04-01 67.687230627616 2012-07-01 67.990700000000 2012-10-01 67.096888812664 2013-01-01 66.586810000000