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Average car insurance rates by ZIP code for 2020



Using our car insurance ZIP code calculator below, you can see average car insurance rates by ZIP code, as well as the highest and lowest rate fielded from up to six major insurers for the same policy. Car insurance companies use different formulas when deciding how much you pay, which is why the cost for coverage can vary significantly among carriers. The difference between the highest and lowest rate is the amount you could wind up saving by shopping around for the lowest price.

Use our average car insurance rates tool above to compare rates. Enter a ZIP code to see the average monthly premium for your neighborhood. You will also see the highest and lowest rates from the six major carriers surveyed to get an idea of what the most affordable car insurance price is in your area. To get a customized rate, select from among six age groups and three coverage levels and enter your gender. You can shop for a policy now by entering your information after clicking on the “Start Shopping Now” button above.

Key Highlights

  • Find out how car insurance rates are affected by where you live
  • Compare rates for your ZIP code based on your age, gender and coverage level
  • Learn how much you can potentially save by comparing car insurance rates

Compare car insurance rates by ZIP code to save money on the cost of car insurance

Our average car insurance rates tool above lets you compare auto insurance rates by ZIP code. The difference between the highest and lowest rate is what you can save if you shop around for coverage. You can also read our guide on how to estimate car insurance costs, which includes taking into account the amount of coverage you need, your age and your location, among other factors. For now, to make it easier for you to see the potential savings, we’ve done the math for you.

In the table below, you’ll see the average savings is the dollar difference between the highest and lowest rates received from insurers surveyed, on average, for each state’s ZIP codes.

Key Findings Reveal That:

  • The average savings nationwide after comparing car insurance quotes for a full coverage policy is $1,647 a year
  • The average percentage savings after comparing car insurance quotes is 178% a year

Regardless of your location, you can still net a significant savings by comparison shopping, based on a rate analysis by’s experts. In Michigan, the state with the highest potential for savings, the difference between the highest and lowest rates is $4,837. But even in Alaska, where savings are the lowest, the difference is $972.

The states where drivers can save the most, on average per year, by comparing car insurance quotes are, based on a rate analysis of up to six major carriers in each ZIP code:

  • Michigan – $4,837
  • Kentucky – $2,805
  • D.C. – $2,731
  • Delaware – $2,718
  • New Jersey – $2,579

States where drivers save the least, on average, are:

  • Alaska – $972
  • Nebraska – $974
  • Missouri – $1,026
  • Utah – $1,077
  • Iowa – $1,114
State Average Rate Average Highest Rate Average Lowest Rate Average $ Savings Average % Savings
Michigan $3,141 $5,899 $1,062 $4,837 455%
Kentucky $2,368 $3,749 $944 $2,805 297%
DC $2,188 $3,773 $1,042 $2,731 262%
Delaware $1,921 $3,738 $1,020 $2,718 266%
New Jersey $1,993 $3,569 $990 $2,579 261%
Nevada $2,402 $3,626 $1,154 $2,472 214%
Connecticut $2,036 $3,029 $689 $2,340 340%
Florida $2,162 $3,079 $850 $2,229 262%
Rhode Island $2,040 $2,992 $763 $2,229 292%
Texas $1,823 $3,065 $997 $2,068 207%
Arizona $1,783 $2,742 $702 $2,040 291%
New York $2,062 $2,799 $824 $1,975 240%
Louisiana $2,601 $3,345 $1,429 $1,916 134%
Illinois $1,538 $2,632 $763 $1,869 245%
Georgia $1,865 $2,724 $1,010 $1,714 170%
Pennsylvania $1,700 $2,496 $785 $1,711 218%
Wyoming $1,782 $2,547 $944 $1,603 170%
Colorado $1,948 $2,631 $1,036 $1,595 154%
Massachusetts $1,466 $2,134 $546 $1,588 291%
California $2,125 $2,593 $1,052 $1,541 146%
Oregon $1,496 $2,362 $837 $1,525 182%
Maryland $1,816 $2,558 $1,044 $1,514 145%
West Virginia $1,654 $2,576 $1,064 $1,512 142%
Montana $1,963 $2,605 $1,111 $1,494 134%
Hawaii $1,589 $2,321 $890 $1,431 161%
Arkansas $1,763 $2,447 $1,036 $1,411 136%
Idaho $1,285 $2,078 $673 $1,405 209%
Vermont $1,410 $2,212 $812 $1,400 172%
New Mexico $1,604 $2,334 $951 $1,383 145%
North Dakota $1,577 $2,324 $949 $1,375 145%
New Hampshire $1,086 $1,999 $664 $1,335 201%
Mississippi $1,684 $2,353 $1,022 $1,331 130%
North Carolina $1,425 $2,064 $767 $1,297 169%
Washington $1,620 $2,248 $962 $1,286 134%
Wisconsin $1,335 $1,890 $605 $1,285 212%
Alabama $1,713 $2,299 $1,036 $1,263 122%
Kansas $1,689 $2,347 $1,085 $1,262 116%
Minnesota $1,619 $2,262 $1,013 $1,249 123%
Oklahoma $1,815 $2,376 $1,127 $1,249 111%
Ohio $1,191 $1,781 $537 $1,244 232%
Indiana $1,266 $1,894 $672 $1,222 182%
Virginia $1,196 $1,927 $712 $1,215 171%
Maine $1,080 $1,711 $536 $1,175 219%
South Dakota $1,643 $2,213 $1,062 $1,151 108%
Soutn Carolina $1,653 $2,118 $986 $1,132 115%
Tennessee $1,493 $2,028 $906 $1,122 124%
Iowa $1,352 $1,955 $841 $1,114 132%
Utah $1,492 $1,877 $800 $1,077 135%
Missouri $1,798 $2,152 $1,126 $1,026 91%
Nebraska $1,500 $1,946 $972 $974 100%
Alaska $1,560 $1,994 $1,022 $972 95%
National average $1,758 $2,557 $910 $1,647 178%

The average state rate is comprised by averaging premiums for 2019 Honda Accord, male driver age 30, with policy limits of 100/300/100 ($100,000 for injury liability for one person, $300,000 for all injuries and $100,000 for property damage in an accident) and a $500 deductible on collision and comprehensive coverage. The average savings is the dollar difference between the highest and lowest rates received from insurers surveyed, on average, for each state’s ZIP codes. These hypothetical drivers have clean records and good credit. Average rates are for comparative purposes. Your own rate will depend on your personal factors and vehicle. Slight differences in some averages are due to rounding rates.

Average car insurance rates by coverage level

When deciding how much coverage to buy, the best advice is to get as much as you can afford. State minimum car insurance is required to drive legally, but rarely provides enough financial protection to prevent you from paying out-of-pocket for even relatively minor accidents that you cause.

Also, buying state minimum levels of insurance means you are getting a policy that only has liability insurance. Any damage to your own car is not covered under liability car insurance. The good news is that boosting your liability limits is usually super cheap. And, buying “full coverage,” a policy with comprehensive insurance and collision coverage, typically doesn’t cost that much more than bare-bones coverage.

For example, listed below is the average cost of car insurance for three coverage levels, as follows:

  • State minimum, this varies by state, and many states have super low limits, but a typical amount is $25,000 for medical bills for injuries in an accident you cause, up to $50,000 per accident, with $25,000 for property damage you cause (25/50/25)
  • Liability limits of $50,000 for injuries you cause in an accident, up to $100,000 per accident, with $50,000 to pay for property damage (50/100/50)
  • Full coverage with comprehensive and collision, which cover damage to your car, carrying a $500 deductible, $100,000 for injuries you cause in an accident, up to $300,000 per accident, with $100,000 for property damage (100/300/100)



State Minimum 50/100/50 100/300/100
Average rate $574 $644 $1,758
Monthly average rate $48 $54 $147


Based on’s rate analysis, you pay:

  • $70 (about $6 monthly) more a year to bump coverage to 50/100/50 from state minimum
  • $1,184 ($99 monthly) more a year to bump coverage to 100/300/100 from state minimum

Average rate up 22% from 2017 for full coverage

When considering all locations in the U.S.,’s analysis showed a national average rate of $1,758 for full coverage. That’s up 22% since 2017 when rate by ZIP data was last surveyed by the experts at State required minimum coverage ticked up just 4%, while standard liability limits rose 16%.

Coverage level 2017 average rate 2020 average rate $ difference % difference
State minimum $552 $574 $22 4%
50/100/50 $583 $674 $91 16%
100/300/100 $1,451 $1,758 $307 22%

When should I compare car insurance rates to get the best price?

Many factors affect your car insurance rates, and if any of them changed, it’s possible that the cheapest policy will come from a different insurer. Senior Consumer Analyst Penny Gusner says you should compare car insurance rates at these times, when your rates are likely to change significantly:

  • You bought a car
  • You added a teen driver to your policy
  • You got married or divorced
  • Your credit score changed
  • You bought a house or moved
  • You got cited for a DUI or major violation or caused an accident

Even if your status remains the same, you should do some car insurance shopping every six or 12 months, says Gusner. Insurance companies use different formulas to set your rates, so the price for the same policy can vary significantly even if you don’t have a life-changing event. That means you can wind up overpaying if you don’t compare insurance rates from several companies at least once a year. Some insurance companies may charge you a lot more after, say, a credit ding or speeding ticket, while others may charge you much less.

For example, data show the average driver with bad credit can potentially trim an average of about $1,000 from their yearly policy cost by comparing car insurance companies. Here’s how rates compare for drivers with bad credit for a full coverage policy:

  • Geico – $2,084
  • Nationwide – $2,244
  • Progressive – $2,644
  • Allstate – $2,906
  • State Farm – $3,012
  • Farmers – $3,039

Another example – speeding tickets. Here are how companies compared on full coverage rates after a minor speeding violation, according to data, showing an average savings of about $800:

  • Geico – $1,449
  • State Farm – $1,807
  • Nationwide – $1,900
  • Progressive – $1,916
  • Farmers – $2,146
  • Allstate – $2,239

If you compare car insurance rates regularly, you are more likely to save money on coverage over the long run.


Compare car insurance rates by ZIP Code: Most and least expensive by state

Car insurance companies assess many factors when setting rates, and your location is chief among them. Based on the number and severity, or cost, of car insurance claims within the area, insurers assign ZIP codes different risk levels. Insurers take into account the frequency of thefts, collisions and vandalism to gauge the likelihood of such incidents happening to drivers within the ZIP code. This is used as the base rate from which insurers calculate your premium in most states — California is one exception. Other pricing factors, such as your driving record, type of car you drive and your age are then added into the calculation. You’ll see in the table below how much price varies among ZIP codes. To see how location affects rates, below we compare auto insurance rates by ZIP code in each state, to see the most and least expensive neighborhoods for car insurance.


To find the least expensive ZIP code for car insurance in every state, see the table below. Enter a state in the search field to narrow results.

State ZIP Code City Average Annual Rate Highest Rate Lowest Rate
Maine 04735 Bridgewater $993 $1,666 $608
New Hampshire 03766 Lebanon $995 $1,796 $664
Ohio 45885 St. Marys $995 $1,530 $596
Virginia 24060 Blacksburg $1,005 $1,709 $771
Wisconsin 54952 Menasha $1,080 $1,598 $614
Massachusetts 02554 Nantucket $1,114 $1,554 $546
Indiana 46711 Berne $1,124 $1,784 $720
Idaho 83716 Boise City $1,138 $1,815 $779
Iowa 50014 Ames $1,149 $1,809 $872
North Carolina 28715 Candler $1,196 $1,747 $861
Tennessee 37604 Johnson City $1,223 $1,745 $906
Alaska 99820 Angoon $1,259 $1,744 $1,022
Nebraska 68512 Lincoln $1,275 $1,743 $972
Illinois 61761 Normal $1,283 $2,262 $806
Oregon 97401 Eugene $1,287 $1,966 $870
New York 14830 Corning $1,298 $1,718 $1,028
Arizona 86403 Lake Havasu City $1,299 $1,983 $748
Utah 84720 Cedar City $1,325 $1,694 $977
North Dakota 58104 Fargo $1,334 $2,344 $955
Washington 99163 Pullman $1,344 $1,729 $1,027
Pennsylvania 16801 Houserville $1,346 $2,068 $785
Vermont 05404 Winooski $1,349 $2,092 $812
Hawaii 96703 Anahola $1,362 $1,989 $901
West Virginia 25401 Martinsburg $1,373 $2,264 $1,078
Minnesota 56088 Truman $1,374 $1,991 $1,039
South Carolina 29691 Walhalla $1,378 $1,817 $986
New Mexico 88310 Alamogordo $1,396 $2,184 $993
Mississippi 39759 Mississippi State $1,409 $2,221 $1,022
South Dakota 57201 Watertown $1,413 $2,143 $1,074
Maryland 21767 Maugansville $1,430 $2,086 $1,094
Georgia 31605 Valdosta $1,464 $2,178 $1,010
Kansas 66030 Gardner $1,495 $2,014 $1,130
Arkansas 72745 Cave Springs $1,524 $2,232 $1,036
Colorado 81505 Grand Junction $1,524 $2,084 $1,036
Texas 76909 San Angelo $1,524 $2,582 $1,185
Alabama 36352 Newton $1,532 $2,034 $1,080
California 96067 Mount Shasta $1,536 $1,932 $1,070
Missouri 65536 Lebanon $1,549 $1,813 $1,130
Nevada 89835 Wells $1,587 $2,212 $1,174
Rhode Island 02840 Newport $1,587 $2,096 $763
Delaware 19930 Bethany Beach $1,604 $3,042 $1,034
Oklahoma 73552 Indiahoma $1,629 $2,250 $1,127
Kentucky 41075 Fort Thomas $1,645 $2,601 $1,002
Florida 32612 Gainesville $1,658 $2,499 $862
New Jersey 08720 Allenwood $1,668 $2,847 $1,060
Wyoming 82324 Elk Mountain $1,692 $2,510 $944
Montana 59635 East Helena $1,727 $2,521 $1,111
Connecticut 06340 Conning Towers Nautilus Park $1,774 $2,710 $689
Louisiana 71075 Cullen $1,983 $2,664 $1,656
DC 20001 Washington $2,164 $3,773 $1,042
Michigan 49126 Sodus $2,437 $4,357 $1,062


To see the most expensive ZIP code for car insurance in every state, see the table below. Enter a state in the search field to narrow results.

State ZIP Code City Average Annual Rate Highest Rate Lowest Rate
Michigan 48226 Detroit $6,329 $9,337 $3,120
New York 11212 New York $5,703 $9,172 $3,123
Louisiana 70117 New Orleans $4,601 $5,769 $3,707
Nevada 89101 Las Vegas $3,768 $5,983 $1,873
California 91605 North Hollywood $3,767 $5,082 $2,946
Pennsylvania 19140 Philadelphia $3,710 $5,304 $2,464
Maryland 21216 Baltimore $3,443 $4,209 $2,729
Kentucky 40944 Goose Rock $3,435 $5,748 $1,690
Florida 33142 Brownsville $3,342 $4,448 $1,511
New Jersey 07111 Irvington $3,043 $5,857 $1,734
Missouri 63115 St. Louis $3,018 $4,377 $2,113
Massachusetts 02119 Roxbury $2,943 $4,240 $1,468
Rhode Island 02909 Providence $2,875 $4,329 $1,424
Georgia 30035 Decatur $2,777 $3,942 $1,789
Illinois 60624 Chicago $2,721 $4,525 $1,749
Connecticut 06101 Hartford $2,667 $3,542 $1,233
Delaware 19736 Yorklyn $2,646 $4,463 $1,357
Arizona 85017 Phoenix $2,595 $3,752 $1,189
Texas 75241 Dallas $2,447 $4,419 $1,792
Colorado 80219 Denver $2,421 $3,327 $1,733
Wisconsin 53206 Milwaukee $2,306 $3,099 $1,422
Minnesota 55411 Minneapolis $2,292 $3,057 $1,458
DC 20016 Washington $2,188 $3,773 $1,042
Washington 98108 Boulevard Park $2,149 $3,070 $1,534
Oklahoma 74110 Tulsa $2,146 $2,538 $1,718
Montana 59089 Wyola $2,142 $2,853 $1,287
Tennessee 38118 Memphis $2,120 $2,806 $1,505
West Virginia 25621 Gilbert $2,119 $3,313 $1,579
Oregon 97266 Portland $2,068 $2,638 $1,387
South Dakota 57756 Manderson $2,067 $2,463 $1,594
Arkansas 72342 Helena-West Helena $2,066 $2,752 $1,676
Kansas 66115 Kansas City $2,066 $3,388 $1,466
South Carolina 29933 Miley $2,056 $2,288 $1,633
Mississippi 39086 Hermanville $2,036 $2,664 $1,781
New Mexico 87121 Albuquerque $2,030 $2,549 $1,584
Alabama 35208 Birmingham $1,991 $2,563 $1,374
Utah 84180 Salt Lake City $1,910 $2,618 $989
Nebraska 68110 Omaha $1,904 $2,436 $1,613
Alaska 99504 Anchorage $1,877 $2,220 $1,381
North Carolina 28212 Charlotte $1,867 $2,870 $973
Wyoming 82725 Recluse $1,844 $2,755 $1,072
North Dakota 58538 Fort Yates $1,793 $2,651 $1,349
Hawaii 96781 Papaikou $1,773 $2,646 $1,066
Indiana 46409 Gary $1,695 $2,234 $1,070
Iowa 51503 Council Bluffs $1,635 $2,165 $1,071
Ohio 43224 Columbus $1,524 $2,234 $744
Vermont 05060 Randolph $1,452 $2,253 $828
Virginia 22312 Alexandria $1,425 $2,347 $1,121
Idaho 83536 Kamiah $1,415 $2,386 $919
New Hampshire 03104 Manchester $1,294 $2,285 $870
Maine 04686 Wesley $1,186 $1,669 $658 commissioned Quadrant Information Services to provide a report of average auto insurance rates for a 2019 Honda Accord for nearly every ZIP code in the United States. We calculated rates using data for up to six large carriers (Allstate, Farmers, GEICO, Nationwide, Progressive and State Farm).

Averages for the tables are based on insurance for a married 40-year-old male who commutes 12 miles to work each day, with policy limits of 100/300/100 ($100,000 for injury liability for one person, $300,000 for all injuries and $100,000 for property damage in an accident) and a $500 deductible on collision and comprehensive coverage. The rate includes uninsured motorist coverage. Your own rate will depend on your personal factors and vehicle.


How to find average rates by ZIP code for your state?

If you want to see what you can expect to pay in your city or town for the coverage level you want, you can do that using our average rate tool on this page, but if you want more details on how car insurance costs compare, our state car insurance guides offer more granular rate analysis. For instance, you can research California car insurance rates by ZIP code at our California Auto Insurance page, where you will also find rates by coverage level and company, as well as advice on how much coverage to buy. Even if you live in a pricey state for car insurance, for instance, Florida, you can see how much you can expect to save by comparison shopping. In addition to Florida car insurance rates by ZIP code, you’ll see which companies have the lowest rates at our Florida Car Insurance page.

How we calculated our average rates by ZIP code? commissioned Quadrant Information Services to provide a report of average auto insurance rates nearly every ZIP code in the United States for various driver profiles and coverage levels for a 2019 Honda Accord. We calculated rates using data for up to six major carriers. Your own rate will depend on your personal factors and vehicle. For more details, see our methodologies section in our Press Room.

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Bad Credit

Inside the Highly Profitable and Secretive World of Payday Lenders



Illustration by Sarah Maxwell, Folio Art

When Bridget Davis got started in the family’s payday lending business in 1996, there was just one Check ’n Go store in Cincinnati. She says she did it all: customer service, banking duties, even painting walls.

The company had been established two years earlier by her husband, Jared Davis, and was growing rapidly. There were 100 Check ’n Go locations by 1997, when Jared and Bridget (née Byrne) married and traveled the country together looking for more locations to open storefront outlets. They launched another 400 stores in 1998, mostly in strip malls and abandoned gas stations in low-income minority neighborhoods where the payday lending target market abounds. Bridget drove the supply truck and helped select locations and design the store layouts.

But Jared soon fired his wife for committing what may be the ultimate sin in the payday lending business: She forgave a customer’s debt. “A young woman came to pay her $20 interest payment,” Bridget wrote in court documents last year during divorce proceedings from Jared. “I pulled her file, calculated that she had already paid $320 to date on a principle [sic] loan of $100. I told her she was paid in full. [Jared] fired me, stating, ‘We are here to make money, not help customers manage theirs. If you can’t do that, you can’t work here.’ ”

Photograph by Brittany Dexter

It’s a business philosophy that pays well, especially if you’re charging fees and interest rates of 400 percent that can more than triple the amount of the loan in just five months—the typical time most payday borrowers need to repay their debt, says the Pew Charitable Trusts, a nonprofit organization focused on public policy. Cincinnati-based Check ’n Go now operates more than 1,100 locations in 25 states as well as an internet lending service with 24/7 access from the comfort of your own home, according to its website. Since its founding, the company has conducted more than 50 million transactions.

What the website doesn’t say is that many, if not most, of those transactions were for small loans of $50 to $500 to working people trying to scrape by and pay their bills. In most states—including Ohio, until it reformed its payday lending laws in 2019—borrowers typically fork over more than one-third of their paycheck to meet the deadline for repayment, usually in two weeks. To help guarantee repayment, borrowers turn over access to their checking account or deposit a check with the lender. In states that don’t offer protection, customers go back again and again to borrow more money from the same payday lender, typically up to 10 times, driving themselves into a debt trap that can lead to bankruptcy.

Jared and Bridget Davis are embroiled in a nasty court battle related to his 2019 divorce filing in Hamilton County Domestic Relations Court. Thousands of pages of filings and 433 docket entries by April 26 offer the public a rare glimpse into the business operations of Check ’n Go, one of Cincinnati’s largest privately-owned companies, as well as personal lifestyles funded by payday lending.

The company cleared $77 million in profit in 2018, a figure that dipped the following year to $55 million, according to an audit by Deloitte. That drop in revenue may have something to do with the payday lending reform laws and interest rate caps passed recently in Ohio as well as a growing number of other states.

The day-to-day business transactions that provide such profit are a depressing window into how those who live on the edge of financial security are often stuck with few options for improving their situations. If a borrower doesn’t repay or refinance his or her original loan, a lender like Check ’n Go deposits the guarantee check and lets it bounce, causing the borrower to incur charges for the bounced check and eventually lose his or her checking account, says Nick DiNardo, an attorney for the Legal Aid Society of Greater Cincinnati. After two missed payments, payday lenders usually turn over the debt to a collection agency. If the collection agency fails to collect the full amount of the original loan as well as all fees and interest, it goes to court to garnish the borrower’s wages.

That devastating experience is all too familiar to Anthony Smith, a 60-year-old Wyoming resident who says he was laid off from several management positions over a 20-year period. He turned to payday lenders as his credit rating dropped and soon found himself caught in a debt trap that took him years to escape.

Two things happened in 2019, Smith says, that turned around his financial fortunes. First, he found a stable manufacturing job with the Formica Company locally, and then he took his mother’s advice and opened a credit union account. GE Credit Union not only gave him a reasonable loan to pay off his $2,500 debt but also issued him his first credit card in a decade. “I had been a member [of the credit union] for just two months, and I had a credit rating of 520. Can you imagine?” he says. Smith says he is now debt-free for the first time in 10 years.

Consumer advocates say Check ’n Go is one of the biggest payday lending operations in the nation. But knowing its exact ranking is difficult because most payday lending companies, including Check ’n Go and its parent company CNG Holdings, are privately held and reluctant to disclose their finances.

Brothers Jared and David Davis own the majority of the company’s privately held stock. David bought into the company in 1995, but CNG got its game-changing infusion of capital from the brothers’ father, Allen Davis, who retired as CEO of then-Provident Bank in 1998. Allen sold off $37 million in stock options and essentially became CNG’s bank and consultant.

By 2005, however, the sons were part of a public court battle against their father. Allen accused Jared and David of treating his millions in CNG stock as compensation instead of a transfer from his ex-wife (and the brothers’ mother), sticking him with a $13 million tax bill. In turn, the brothers accused Allen of putting his mistress and his yacht captain on the company payroll, taking $1.2 million in fees without board approval, and leading the company into ventures that lost Check ’n Go a lot of money. Several years of legal fighting later, the IRS was still demanding its $13 million. CNG officials did not respond to requests for comment for this story.

Jared and David split $22 million in profit from CNG in 2018 and, according to the Deloitte audit, CNG’s balance sheet showed another $42 million that could be split between the two brothers in 2019. Jared, however, elected not to receive his $21 million distribution “in order to create this artificial financial crisis and shelter millions of dollars from an equitable split between us,” according to Bridget’s divorce filing.

Worse, she claims, Jared said they would be responsible for paying taxes out of their personal accounts rather than from CNG’s company earnings, making her personally responsible for half of the $5.5 million in taxes for 2019. She believes it wasn’t happenstance that $5.5 million was wired to Jared’s private bank account in December of that same year. Bridget has refused to sign the joint tax return, and Jared filed a complaint with the court saying a late tax filing would cost them $1 million in penalties and missed tax opportunities.

“For the duration of our marriage and to the present, Jared has full and complete control of all money paid to us from various investments we have made in addition to our main source of income, CNG,” Bridget wrote in her motion. She suspects that Jared, without her knowledge or consent, plowed the money for their taxes and from other sources of income into Black Diamond Group, the fund that invests in the Agave & Rye restaurant chain. Beyond the original restaurant opened in Covington in 2018, “they have opened four other locations in one year,” she wrote, including Louisville and Lexington. (The ninth location opened in Hamilton this spring.) Agave & Rye’s website touts its Mexican fare as “a chef-inspired take on the standard taco, elevating this simple food into something epic!”

In his response, Jared wrote, “We have very limited regular sources of income.” He says he isn’t receiving any additional distributions from CNG, the couple’s primary source of income, “and this is not within my control. The company has declared that we would not make any further distributions in 2020 given economic circumstances. This decision is based on a formula and is not discretionary.” Agave & Rye helped produce $645,000 in income for Black Diamond in 2020 but has paid out $890,000 in loans, he says. Through August 31, 2020, he wrote, the couple’s “expenses have exceeded income from all sources.”

The divorce case filings start slinging mud when the couple accuses each other of breaking up their 22-year marriage and finding new partners. Jared claims Bridget began an affair during their marriage with Brian Duncan, a contractor she employed through her house flipping business. Bridget, he says, paid Duncan’s company $75,000 in 2018 as well as giving him a personal gift of $70,000 that same year. Jared says she also bought Duncan at least one car and purchased a house for him near hers on Shawnee Run Road for $289,000, then loaned money to Duncan. Jared says Duncan has been late in repaying the note.

While Bridget says Duncan has been drug-free for several years, he has a rap sheet with Hamilton County courts from 2000 to 2017 that runs five pages long. It lists a half-dozen counts of drug abuse and drug possession, including heroin and possession of illegal drug paraphernalia; assaulting a police officer; stealing a Taser from a police officer; criminal damaging while being treated at UC Health; more than a dozen speeding and traffic violations; a half-dozen counts of driving with a suspended license; receiving stolen property; twice fleeing and resisting arrest; three counts of theft; two counts of forgery; and one count for passing bad checks.

Bridget has fired back that Jared not only is hiding his money from her but spending it lavishly on vacations, resorts, and high-end restaurants with his new girlfriend, Susanne Warner. Bridget says Jared gifted Warner with $40,000 without Bridget’s knowledge, then declared it on their joint tax return as a “contribution.” Bridget’s court filings include photocopies of social media posts of Jared and Warner globetrotting from summer 2019 to summer 2020: vacation at Beaver Creek Village in Avon, Colorado; cocktails at High Cotton in Charleston, South Carolina, and dinner at Melvyn’s Restaurant and Lounge in Palm Springs, California; getaways at resorts in Nashville and at a lakefront rental on Norris Lake ($600 per night); in the Bahamas at a Musha Cay private residence ($57,000 per night), at South Beach in Miami, and at a private beach at Fisher Island; in Mexico at Cabo San Lucas; in the U.S. Virgin Islands at Magen’s Bay and on a private yacht ($4,500 per night); in California at Desert Hot Springs, the Ritz-Carlton in Rancho Mirage, and Montage at Laguna Beach; and in the Bahamas at South Cottage ($2,175 per night).

For her part, Bridget has gone through some of the top lawyers in town faster than President Trump during an impeachment—six in all, two of whom she’s sued for malpractice. She sent four binders of evidence to the Ohio Supreme Court, asking for the recusal of Hamilton County Judge Amy Searcy and claiming Searcy was biased because of campaign donations from Jared and his companies. Rather than deal with the list of questions sent to her by Chief Justice Maureen O’Connor, Searcy stepped down. Two other judges have since stepped into the fray, and in March Bridget filed for a change of venue outside of Hamilton County, arguing she can’t get a fair trial in her hometown. At press time, a trial date had been set for June 28 in Hamilton County.

The poor-mouthing in the divorce case has reached heights of comic absurdity. Jared claims he’s “illiquid” because he didn’t get his distribution from CNG in 2019. Bridget has received debt collection notices for the nearly $21,000 owed on her American Express card and a $735 bill from Jewish Hospital. There’s no sign yet that anyone is coming to repossess her Porsche, which according to her filings has a $5,000 monthly payment. Each party has received $25,000 a month in living expenses, an amount later reduced to $15,000 under a temporary legal agreement while the divorce case is being sorted out. Court filings show that Jared’s net worth is almost $206 million and Bridget’s is $22.5 million.

In the early 1990s, Allen Davis was raising eyebrows at Provident Bank (later bought by National City), and not only because of his very unbanker-like look of beard, ponytail, and casual golf wear. He was leading the company into questionable subprime home loans for people with bad credit and a frequent-shopper program for merchants, though the bank’s charter barred him from getting involved in full-blown predatory lending practices. With guidance and funding from his father, Jared, at age 26, launched Check ’n Go in 1994 and became a pioneer in the payday lending industry. Jared and his family saw there were millions of Americans who didn’t have checking or savings accounts (“unbanked”) or an adequate credit rating (“underbanked”) but still needed loans to meet their everyday expenses. What those potential customers did have was a steady paycheck.

Conventional banks share a big part of the blame for the nation’s army of unbanked borrowers by imposing checking account fees and onerous penalties for bounced checks. In 2019, the Federal Deposit Insurance Corporation estimated there were 7.1 million U.S. households without a checking or savings account.

The Davises launched Check ’n Go on the pretext that it would “fill the gap” for people who occasionally needed to borrow money in a hurry—a service for those who couldn’t get a loan any other way. But consumer advocates say the real business model for payday lending isn’t a service at all. The majority of the industry’s revenue comes from repeat business by customers trapped in debt, not from borrowers looking for a quick, one-time fix for their financial troubles.

Ohio’s payday lending lobbyists got a strong hold on the state legislature in the late 1990s, and by 2018 Democratic gubernatorial candidate Richard Cordray could rightfully claim in a campaign ad that “Ohio’s [payday lending] laws are now the worst in the nation. Things have gotten so bad that it is legal to charge 594 percent interest on loans.” His statement was based on a 2014 study by the Pew Charitable Trusts.

The frustration for consumer advocates was that Ohioans had been trying to reform those laws since 2008, when voters overwhelmingly approved a ballot initiative placing a 28 percent cap on the interest of payday loans. But—surprise!—lenders simply registered as mortgage brokers, which enabled them to charge unlimited fees.

The Davis family and five other payday lending companies controlled 90 percent of the market back then, an express gravy train ripping through the poorest communities in Ohio. The predatory feeding frenzy, especially in Ohio’s hard-hit Rust Belt communities, prompted a 2017 column at The Daily Beast titled, “America’s Worst Subprime Lender: Jared Davis vs. Allan Jones?” (Jones is founder and CEO of Tennessee-based Check Into Cash.) In 2016 and 2017, consumer advocates mustered their forces again, and this time they weren’t allowing for loopholes. The Pew Charitable Trusts joined efforts with bipartisan lawmakers and Ohioans for Payday Loan Reform, a statewide coalition of faith, business, local government, and nonprofit organizations. Consumer advocates found a legislative champion in State Rep. Kyle Koehler, a Republican from Springfield.

It no doubt helped reform efforts that former Ohio Speaker of the House Cliff Rosenberger resigned in spring 2018 amid an FBI investigation into his cozy relationship with payday lenders. Rosenberger had taken frequent overseas trips—to destinations including France, Italy, Israel, and China—in the company of payday lending lobbyists. In April 2019, Ohio’s new lending law took effect and, since then, has been called a national model for payday lending reform that balances protections for borrowers, profits for lenders, and access to credit for the poor, according to the Pew Charitable Trusts. New prices in Ohio are three to four times lower for payday loans than before the law. Borrowers now have up to three months to repay their loans with no more than 6 percent of their paycheck. Pew estimates that the cost of borrowing $400 for three months dropped from $450 to $109, saving Ohioans at least $75 million a year. And despite claims that the reforms would eliminate access to credit, lenders currently operate in communities across the state and online. “The bipartisan success shows that if you set fair rules and enforce them, lenders play by them and there’s widespread access to credit,” says Gabe Kravitz, a consumer finance officer at the Pew Charitable Trusts.

Other states like Virginia, Kansas, and Michigan are following Ohio’s lead, Kravitz says. Some states, such as Nebraska, have even capped annual interest on payday loans. As a result, Pew researchers have seen a reduction in the number of storefront lending op­erations across the country. Even better, Kravitz says, there’s no evidence that borrowers are turning instead to online payday lending operations.

Cincinnati is one of five cities chosen for a grant to replicate the success of Boston Builds Credit, an ambitious effort that city launched in 2017 to provide credit counseling in poor and minority communities by training specialists at existing social service agencies. The program also encourages consumer partnerships with credit unions, banks, and insurance companies to offer small, manageable loans that can help the unbanked and underbanked improve their credit ratings. “Right now, local organizations are all kind of working in silos on the problem in Cincinnati,” says Todd Moore of the nonprofit credit counseling agency Trinity Debt Relief. Moore, who applied for the Boston grant, says he’s looking for an agency like United Way or Strive Cincinnati to lead the effort here.

Anthony Smith is thankful that he’s escaped the downward spiral of his payday loans, especially during the pandemic’s economic turmoil. “I’m blessed for every day I can get paid and have a job during these difficult times, just to be able to pay my bills and meet my responsibilities,” he says. “I’ve always kept a job, but until now I’ve had crappy credit. That doesn’t mean I’m a bad guy.”

Can others worth millions of dollars say the same?

Inside the Highly Profitable and Secretive World of Payday Lenders Source link Inside the Highly Profitable and Secretive World of Payday Lenders

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What’s Questionable Credit and Can I Get a Car Loan With It?



Questionable’s definition means that something’s quality is up for debate. If a lender says that your credit score is questionable, it’s likely that they mean it’s poor, or at the very least, they’re hesitant to approve you for vehicle financing. Here’s what most lenders consider questionable credit, and what auto loan options you may have.

Questionable Credit and Auto Lenders

Many auto lenders may consider questionable credit as a borrower with a credit score below 660. The credit score tiers as sorted by Experian the national credit bureau, are:

  • Super prime: 850 to 781
  • Prime: 780 to 661
  • Nonprime: 660 to 601
  • Subprime: 600 to 501
  • Deep subprime: 500 to 300

The nonprime credit tiers and below is when you start to get into bad credit territory and may struggle to meet the credit score requirements of traditional auto lenders.

This is because lenders are looking at your creditworthiness – your perceived ability to repay loans based on the information in your credit reports. Besides your actual credit score, there may be situations where the items in your credit reports are what’s making a lender question whether you’re a good candidate for an auto loan. These can include:

  • A past or active bankruptcy
  • A past or recent vehicle repossession
  • Recent missed/late payments
  • High credit card balances
  • No credit history

There are ways to get into an auto loan with questionable credit. Your options can change depending on what’s making your credit history questionable, though.

Questionable Credit Auto Loans

If your credit score is less than stellar, it may be time to look at these two lending options:

  • What Is Questionable Credit and Can I Get a Car Loan With It?Subprime financing – Done through special finance dealerships by third-party subprime lenders. These lenders can often assist with many unique credit situations, provided you can meet their requirements. A great option for new borrowers with thin files, situational bad credit, or consumers with older negative marks.
  • In-house financing – May not require a credit check, and is done through buy here pay here (BHPH) dealers. Typically, your income and down payment amount are the most important parts of eligibility. Auto loans without a credit check may not allow for credit repair and may come with a higher-than-average interest rate.

Both of these car loan options are typically available to borrowers with credit challenges. However, if you have more recent, serious delinquencies on your credit reports, a BHPH dealer may be for you. Most traditional and subprime lenders typically don’t approve financing for borrowers with a dismissed bankruptcy, a repossession less than a year old, or borrowers with multiple, recent missed/late payments.

Requirements of Bad Credit Car Loans

In many cases, your income and down payment size are the biggest factors in your overall eligibility for bad credit auto loans. Expect to need:

  • 30 days of recent computer-generated check stubs to prove you have around $1,500 to $2,500 of monthly gross income. Borrowers without W-2 income may need two to three years of professionally prepared tax returns.
  • A down payment of at least $1,000 or 10% of the vehicle’s selling price. BHPH dealers may require up to 20% of the car’s selling price.
  • Proof of residency in the form of a recent utility bill in your name.
  • Proof of a working phone (no prepaid phones), proven with a recent phone bill in your name.
  • A list of five to eight personal references with name, phone number, and address.
  • Valid driver’s license with the correct address, can’t be revoked, expired, or suspended.

Depending on your individual situation, you may need fewer or more items to apply for a bad credit auto loan. However, preparing these documents before you head to a dealership can speed up the process!

Ready to Get on the Road?

With questionable credit, finding a dealership that’s able to assist you with an auto loan is easier said than done. Here at Auto Credit Express, we want to get that done for you with our coast-to-coast network of special finance dealerships.

Complete our free auto loan request form and we’ll get right to work looking for a dealer in your local area that can assist with many tough credit situations.

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Bad Credit

Entrepreneur Tae Lee Finds Her Fortune



By Jasmine Shaw
For The Birmingham Times

Birmingham native Tae Lee had plans last year to visit the continent of Africa, the South American country of Columbia, and the U.S. state of Texas.

“I was going to stay in each place for like four to six weeks, and then COVID-19 happened,” she said. “So, I just was like, ‘You know what, I’m just gonna go to Mexico and stay for six months.’”

Once home from Playa Del Carmen, located on Mexico’s Yucatán Peninsula, the 33-year-old entrepreneur put the final touches on “Game of Fortune: Win in Wealth or Lose in Debt,” a financial literacy card game for ages 10 and up.

“We created ‘Game of Fortune’ because we realized there was a gap in learning the fundamentals of money,” said Lee. “We go through life not knowing anything about money and then—‘Bam!’—real life hits. Credit, debt, and bills come at us quick!”

Lee believes the game “gives players a glimpse of real life” by using everyday scenarios to teach them how to make wiser financial decisions without having to waste their own money.

“I feel like [financial literacy] can be learned in ways other than somebody standing up and preaching it to you over and over again,” she said. “You can learn it in ways that are considered fun, as well.”

Which is why “we want the schools to buy it, so we can give students a fun way to learn about financial literacy,” she added.

Lee, also called the “Money Maximizer,” is an international best-selling financial author, speaker, coach, and trainer who is known for her financial literacy books, including “Never Go Broke (NGB): An Entrepreneur’s Guide to Money and Freedom” and the “NGB Money Success Planner High School Edition.” The Birmingham-based financial guru focuses on creating diverse streams of income in the tax, real estate, insurance, and finance industries.

For Lee, it’s about building generational wealth, not debt.

Indispensable Lessons

Lee got her first glance at entrepreneurial life as a child watching her mother, Valeria Robinson, run her commercial cleaning company, V’s Cleaning. Robinson retired in 2019.

“My grandmother had a cleaning service, too,” said Lee. “So, even though I didn’t start out as an entrepreneur, watching my mom and grandma do it taught me a lot.”

Lee grew up in Birmingham and attended Riley Elementary School, Midfield Middle School, and Huffman High School. She then went on to Jacksonville State University, in Jacksonville, Alabama, where she earned bachelor’s degree in physical education. She struggled to find a career in her field and became overwhelmed by student loans.

“My credit and stuff didn’t get bad until after college,” she said. “I was going through school and taking money, but nobody told me, ‘Oh, you’re gonna have to pay all of this back.’”

Before embarking on her extensive career in money management, Lee had not learned the indispensable lessons that she now shares with clients.

“‘Don’t have bad credit.’ That’s all I learned,” she remembers. “Financial literacy just wasn’t taught much. I learned the majority of my lessons as I aged.”

In an effort to ward off collection calls and raise her credit score, Lee researched tactics to strategically eliminate her debt.

“I knew I had to pay bills on time, and I couldn’t be late with payments,” she said.

Lee eventually began helping friends revamp their finances and opened NGB Inc. in 2017 to share fun, educational methods to help her clients build solid financial foundations.

“People were always coming to me like, ‘How do I invest in this?’ and ‘How do I do that?’ So, I said to myself, ‘You know what, people should be paying to pick your brain.’”

Legacy Building

While Lee enjoyed watching her clients reach milestones, like buying a new car with cash or making their first stock market investment, she was also designing “Game of Fortune” to teach the value of legacy building.

“The game gives players the knowledge to build generational wealth, not generational debt,” she said. “It gives you a glimpse of life, money, and what can truly happen if you mismanage your coins.”

Using index cards to create her first “Game of Fortune” sample deck, Lee filled each card with pertinent terms related to debt elimination and credit and wealth building. She then called on a few friends to help her work through the kinks.

Three of her good friends—Barbara Bratton, Daña Brown, and Sha Cannon—were just a few of the people that gave feedback on the sample deck.

“From there I met with Brandon Brooks, [owner of the Birmingham-based Brooks Realty Investments LLC], and four other financial advisors to fine-tune the definitions and game logistics,” Lee said.

Though Lee was unable to land a job in physical education after graduating from college, she now sees her career with NGB Inc. as life’s unexpected opportunity to teach on her own terms.

“Bartending and waitressing taught me that working for someone else was not for me,” she replied. “In order to get the life I always wanted, I had to create my own business.”

In her entrepreneurial pursuits, Lee strives to be an open-minded leader who embraces the need for flexibility.

“COVID-19 has shown me that in entrepreneurship you have to maneuver,” she said. “When life changes, sometimes your business will, too. You may have to change the path, but your ending goal can be the same.”

“Game of Fortune: Win in Wealth or Lose in Debt” is available and sold only on the “Game of Fortune” website: To learn more about Tae Lee and Never Go Broke Inc., visit and or email; you also can follow her on Facebook ( and Instagram (@nevergobrokeinc).

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