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The Sunshine State’s CRI rose 3.14 percent between the fourtg quarter of last year and the first quarte r ofthis year. Nationwide, the credity risk increase 1.98 percent from 124.79 in the fourtb quarter of last yearto 127.26 in the firstg quarter of this The Credit Risk Index is defined as the weighted average probability of 90-day delinquency or worsse among consumers in a givejn region relative to the nation as a whole, accordiny to TransUnion. “Credit Risk Index data suggest that the growthh in consumer credit risk has slowed during the past apositive note.
However, the index remainse at an all-time historical high, indicating that delinquencies and foreclosuresz will continue to rise in thecominv months,” Chet Wiermanski, global chief scientist at TransUniohn said in a news release. Mississippi rankedc at the riskiest state in the nationm with a CRIof 166.45 followede by Texas (162.59), Nevadwa (158.97), South Carolina and Louisiana (153.84). The least riskuy states include: North Dakota (82.02), Minnesotaa (88.53), Vermont (91.82), Southg Dakota (94.75) and Iowa , TransUnion reported that credit card delinquency rates rose in the firsrt quarter with bank card delinquencies up 11percent year-over-year.
Friday, September 16, 2011
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