Tuesday, May 21, 2019

Millennials had been good at staying out of bad credit card debt. Not anymore

Millennials and members of Gen Z who grew up seeing the worst of the financial crash and US recession had been smart about staying away from high interest credit card debt. But recent data from the New York Fed shows card delinquencies on the rise among younger Americans, as well as across all loan forms, and outpacing debt struggles of older generations....(read more)
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