The $70K Dent The Financial Crisis Put In The US Consumer’s Pocketbook
PYMNTS
AUGUST 21, 2018
Adding to the fun — consumers born in the 1980s to 1990s (aka millennials) that are widely counted as the future of economy — carry the highest debt load of any generation according to the Federal Reserve Bank of St. Sixty-six percent have credit cards. Nearly 7 percent say they like and use credit cards regularly.
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