SUBSCRIBERS

US millennials shun credit card debt: poll

Published Wed, Aug 17, 2016 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

New York

KIDS these days: They just are not pulling out the plastic like they did in the past.

Data from the Federal Reserve indicates that the percentage of Americans under 35 who hold credit card debt has fallen to its lowest level since 1989, when the Fed began collecting data in a standardised way, according to an analysis by The New York Times.

Share with us your feedback on BT's products and services