Louisiana Ranks 2nd for the Highest Percentage of Subprime Consumers – With 45.6%

Mississippi Had Highest Average of Subprime Users

Mississippi had the highest average percentage of subprime users at 49.2% during the fourth quarter of 2018, which was down 1% compared with the fourth quarter of 2017. Louisiana had the next highest average with 45.6%, an improvement of 2%, followed by Texas at 44.1% an improvement of 1%. Alabama, Georgia and South Carolina all tied for the fourth-highest average of 43.8%. Overall, these six states decreased their percentage of subprime users by 2% year over year.

 

 

https://www.experian.com/blogs/ask-experian/research/subprime-study/#s1

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