Title: CredAbility Consumer Distress Index for Washington (DISCONTINUED) Series ID: CCDIOAWAQ156N 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 83.396687132098 1980-04-01 80.979902514423 1980-07-01 81.078410676304 1980-10-01 81.196164543994 1981-01-01 80.631075204585 1981-04-01 80.529796649880 1981-07-01 79.443054072846 1981-10-01 76.712028009103 1982-01-01 77.377793219540 1982-04-01 76.353789581434 1982-07-01 75.186461029679 1982-10-01 75.180472856762 1983-01-01 77.553519320008 1983-04-01 78.842400910199 1983-07-01 78.736472990186 1983-10-01 77.655557848954 1984-01-01 79.012886934544 1984-04-01 79.796578372663 1984-07-01 79.078356741359 1984-10-01 78.177046799403 1985-01-01 78.700702838664 1985-04-01 79.279053424542 1985-07-01 79.435136359907 1985-10-01 78.994350625567 1986-01-01 80.022677844585 1986-04-01 80.537623788249 1986-07-01 79.865860676072 1986-10-01 79.798675005165 1987-01-01 81.914132254822 1987-04-01 81.773268647305 1987-07-01 83.045424950828 1987-10-01 82.715887835303 1988-01-01 83.452096048170 1988-04-01 84.263424918447 1988-07-01 84.503251898777 1988-10-01 84.850294435863 1989-01-01 85.865856332956 1989-04-01 84.920492477599 1989-07-01 85.174231732136 1989-10-01 85.866549423403 1990-01-01 87.153958839479 1990-04-01 87.414130818620 1990-07-01 86.157029411607 1990-10-01 83.488587649740 1991-01-01 82.320742118987 1991-04-01 81.777767411894 1991-07-01 82.090288651128 1991-10-01 80.603193394615 1992-01-01 79.432463240688 1992-04-01 80.484893862681 1992-07-01 80.601429500284 1992-10-01 81.004460911682 1993-01-01 81.302144372981 1993-04-01 81.294652739315 1993-07-01 81.645986468807 1993-10-01 82.775772918212 1994-01-01 83.866318027576 1994-04-01 84.695064201815 1994-07-01 85.609589853260 1994-10-01 85.187308150059 1995-01-01 84.214208476936 1995-04-01 83.857074515343 1995-07-01 83.373758119144 1995-10-01 82.993189154492 1996-01-01 82.617939613856 1996-04-01 82.163375749402 1996-07-01 82.648633204540 1996-10-01 83.240629096182 1997-01-01 83.734412300219 1997-04-01 84.934167006748 1997-07-01 84.600552697466 1997-10-01 84.910712103315 1998-01-01 85.518695069706 1998-04-01 85.386800719916 1998-07-01 85.476722035577 1998-10-01 85.138242270774 1999-01-01 83.845853190558 1999-04-01 82.083199730198 1999-07-01 81.503330678231 1999-10-01 82.169790798871 2000-01-01 83.831936139430 2000-04-01 83.333479376584 2000-07-01 82.890224373661 2000-10-01 81.251994523708 2001-01-01 80.286401638746 2001-04-01 77.896150895217 2001-07-01 79.804329848745 2001-10-01 74.263616876062 2002-01-01 77.311230975267 2002-04-01 77.461723366622 2002-07-01 75.849390183595 2002-10-01 75.952096473566 2003-01-01 73.419781996179 2003-04-01 75.022754722184 2003-07-01 75.907421537884 2003-10-01 76.122139742439 2004-01-01 76.882464029497 2004-04-01 77.834727717362 2004-07-01 77.896378231844 2004-10-01 79.519892753029 2005-01-01 77.142966919872 2005-04-01 76.608241543528 2005-07-01 76.055814202145 2005-10-01 76.047691597239 2006-01-01 80.558557395705 2006-04-01 80.571803888579 2006-07-01 79.774811881982 2006-10-01 81.002259173145 2007-01-01 80.916927532679 2007-04-01 80.416782491489 2007-07-01 79.999685175635 2007-10-01 79.645208330259 2008-01-01 77.025795829390 2008-04-01 77.918476347138 2008-07-01 75.404142547724 2008-10-01 74.190988931609 2009-01-01 67.970320492360 2009-04-01 69.662766091358 2009-07-01 67.237535599991 2009-10-01 66.736871057589 2010-01-01 66.551982551782 2010-04-01 68.371884713907 2010-07-01 67.855265629730 2010-10-01 68.471721273307 2011-01-01 68.585415807260 2011-04-01 70.413938523735 2011-07-01 68.209562440922 2011-10-01 67.858124065460 2012-01-01 69.348666302372 2012-04-01 70.880113025129 2012-07-01 70.670540000000 2012-10-01 73.043443564669 2013-01-01 71.893460000000