Title: CredAbility Consumer Distress Index for Pennsylvania (DISCONTINUED) Series ID: CCDIOAPAQ156N 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 78.409991231904 1980-04-01 76.746312387093 1980-07-01 77.460627541887 1980-10-01 76.626608533508 1981-01-01 77.510629076526 1981-04-01 78.122380608708 1981-07-01 77.184228926318 1981-10-01 74.959682806659 1982-01-01 75.559104711740 1982-04-01 74.043124972777 1982-07-01 73.193647107612 1982-10-01 72.473750115673 1983-01-01 73.281227448889 1983-04-01 75.200748762000 1983-07-01 75.472279335750 1983-10-01 74.597084982868 1984-01-01 76.255542651149 1984-04-01 75.952463228418 1984-07-01 74.932005308529 1984-10-01 74.140335530949 1985-01-01 76.184750636954 1985-04-01 76.176211301603 1985-07-01 76.256756462166 1985-10-01 75.724660908937 1986-01-01 77.025439665015 1986-04-01 77.932990724133 1986-07-01 78.789069993994 1986-10-01 78.859181964535 1987-01-01 80.357747174640 1987-04-01 81.016525159054 1987-07-01 81.412314226665 1987-10-01 80.557350806563 1988-01-01 82.656348408648 1988-04-01 82.744225281508 1988-07-01 83.625734721393 1988-10-01 82.992012576757 1989-01-01 84.359724632769 1989-04-01 86.010431163929 1989-07-01 84.809038943196 1989-10-01 83.963612838302 1990-01-01 85.633235705563 1990-04-01 84.907484713275 1990-07-01 82.056671707758 1990-10-01 78.722778235381 1991-01-01 78.952278083091 1991-04-01 78.546930252915 1991-07-01 78.214032006269 1991-10-01 76.391802192264 1992-01-01 77.797005838885 1992-04-01 77.999691354524 1992-07-01 78.507269788561 1992-10-01 78.629874319126 1993-01-01 80.853186663800 1993-04-01 80.206289690268 1993-07-01 80.133189563707 1993-10-01 81.608961932199 1994-01-01 84.416855578947 1994-04-01 84.625642313210 1994-07-01 85.419594669817 1994-10-01 84.789138739940 1995-01-01 86.509344547972 1995-04-01 85.593994077681 1995-07-01 84.164091203114 1995-10-01 83.301521768780 1996-01-01 85.694806224196 1996-04-01 85.098156011194 1996-07-01 86.036701243663 1996-10-01 85.166205768616 1997-01-01 86.470238706136 1997-04-01 85.934951239614 1997-07-01 85.643959415136 1997-10-01 85.631776976560 1998-01-01 88.040689202494 1998-04-01 87.011199942046 1998-07-01 86.649403239283 1998-10-01 85.386680251412 1999-01-01 87.036703501356 1999-04-01 84.825749303552 1999-07-01 83.514789211879 1999-10-01 83.706869879844 2000-01-01 85.929669930551 2000-04-01 84.864615329956 2000-07-01 83.473329268289 2000-10-01 80.803210447956 2001-01-01 81.264500493514 2001-04-01 79.176320083524 2001-07-01 81.302356203548 2001-10-01 77.160695586088 2002-01-01 81.076684783459 2002-04-01 80.250710156395 2002-07-01 78.179989076169 2002-10-01 77.699429726243 2003-01-01 77.432876550893 2003-04-01 78.140959044921 2003-07-01 79.004486742157 2003-10-01 79.022539732621 2004-01-01 80.272919116235 2004-04-01 79.632997801894 2004-07-01 79.053021133989 2004-10-01 79.459364551202 2005-01-01 77.764473905505 2005-04-01 76.015236802660 2005-07-01 75.592235744646 2005-10-01 74.321620865489 2006-01-01 80.967135535461 2006-04-01 79.912116869856 2006-07-01 78.890895569478 2006-10-01 78.436838491672 2007-01-01 80.102582501064 2007-04-01 78.482004652589 2007-07-01 77.718246336530 2007-10-01 76.613244498975 2008-01-01 74.154274516467 2008-04-01 75.888967148136 2008-07-01 73.375075122606 2008-10-01 72.965776791354 2009-01-01 69.189481645939 2009-04-01 70.844049383798 2009-07-01 68.758403026100 2009-10-01 69.082186721841 2010-01-01 69.581071024099 2010-04-01 70.404028120427 2010-07-01 70.224318061257 2010-10-01 70.427130160492 2011-01-01 70.498556652792 2011-04-01 72.195292969998 2011-07-01 69.532485774936 2011-10-01 69.367279621328 2012-01-01 71.528572143621 2012-04-01 73.297620965312 2012-07-01 71.352520000000 2012-10-01 71.806019848125 2013-01-01 69.469520000000