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 ...
In a world where inflation and a high cost of living are stressing many Americans’ budgets, the temptation is high to turn to credit cards to manage purchases. Unfortunately, that means that credit ...
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 ...
New-to-credit Canadians led to greater credit participation, accounting for $2.6 billion in new credit balances in Q1 2025 Subprime consumers are almost twice as likely to go delinquent within 12 ...
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 ...
Forbes contributors publish independent expert analyses and insights. Jeff has written about travel, sports & loyalty w/ a focus on Gen Z. Consumers love perks. From complimentary airport lounge ...
Maxed-out credit card balances and delinquent payments are on the rise, especially among younger generations. Factors like inflation and social media pressures may be contributing to higher ...
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 ...
Anyone who has lived through several iterations of the “kids these days!” generational wars probably recognizes the rhetoric elders are lobbing at Gen Z for youthful spending choices. The cold brew ...
A J.D. Power consumer survey found that members of Gen Z were more apt to use buy now, pay later than credit cards in what that firm said was a first-time poll result. The analytics firm surveyed ...
(STACKER) — Credit card balances are increasing for just about everyone, but younger consumers are seeing average balances spike faster than others, Experian data shows. As of June 2024, average ...
AUSTIN (KXAN) — Texas’ youngest spenders are generating more credit card debt than older generations, according to new ...