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Consumer debt has reached an all-time high. In internet!

Consumer debt has reached an all-time high. In internet!

Consumer debt has reached an all-time high. In internet!

The first narrative is the fact that millennials, since they experienced the crisis at an impressionable age, are more cautious about personal credit card debt than older generations. In a LendingTree survey from 2015, just 61% of millennials stated that that they had one or more bank card, in contrast to 79% among people of Generation X and 89% among seniors.

But there might be many reasons that millennials have actually less bank cards, you start with the reality that they are wanting to seek out of the hole that is financial are less likely to want to be eligible for a main-stream credit. “Younger ?ndividuals are generally speaking less creditworthy, ” said Ezra Becker, a senior vice president at TransUnion. Leer más Acerca deConsumer debt has reached an all-time high. In internet!