A recent Bank of America study on Gen Z's Financial Health shows that over half of Gen Z (51%) say that the high cost of living is a top barrier holding them back from financial success. As this ...
(CNN) — Ariel Barnes plunged into a credit card debt spiral in college, and a decade later she’s yet to escape. Barnes has maxed out seven credit cards and is struggling to make minimum payments on ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. As these everyday expenses mount, more and more people find themselves ...
According to a recent study from Visual Capitalist, Gen Z maxes out its credit cards more than any other generation at 15.3% of cards. In this study, maxing out credit cards is considered 90% or ...
Recent data shows that Gen Z is using credit cards earlier than millennials did at the same age. Higher balances and delinquency rates suggest some Gen Z credit card users struggle with repayment. As ...
Credit cards are officially giving Gen Z the "ick." More than half of Gen Z say credit cards feel outdated, anxiety-inducing, and out of sync with how they want to manage money, according to new study ...
A growing number of Americans are maxed out on their credit cards. Nearly one-fifth of credit card borrowers were using at least 90% of their available credit in the first quarter of 2024. The New ...
Timothy Danikowski was ready to start his adult life. After four years in a small college town and a fifth year back at home thanks to the pandemic, he finally moved to Seattle in 2021. Soon after, ...
With over a dozen credit cards and millions of credit card points racked up, Nancy Jiang condenses the complex world of card-churning for maximum rewards with minimum effort. Her work has been ...
Carlo Kobe and Scott Smith believed so strongly in the need for a debit card product designed specifically for Gen Zers that they dropped out of Harvard and Cornell at ages 19 and 21, respectively, in ...
Generation Z is adopting credit cards earlier and using them more aggressively than previous generations. But its use of credit cards more than other generations isn’t what’s raising alarm bells.
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