A new report says while Louisiana continues to rank high for average consumer credit risk, it was the only state to see a drop from the end of 2008 to the start of this year. The state was fifth highest in the TransUnion Credit Risk Index, which weighs the average probability of 90-day credit delinquencies or worse among consumers, relative to the nation as a whole. Anything over 100 on the index indicates a higher level of relative risk. Louisiana’s index score was 153.84 in the first quarter, down 0.03% from the fourth quarter of 2008. Mississippi was the state with the highest consumer credit risk, with a score of 166.45, followed by Texas, Nevada and South Carolina. North Dakota had the lowest risk at 82.02.
Louisiana only state to see credit risk drop
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