loans

Generation Z and Millennials Student Loans Outlook

Generation Z and Millennials Student Loans Outlook

Generation Z and Millennials Student Loans According to a report by the Federal Reserve Bank of St. Louis.Generation Z student debt compare to millennials, Gen Zers had, on average, The median value of Gen Zers’ loans was $12,800, about 14% higher than millennials’ median value. However, a similar share of Gen Z (7.8%) and millennial…

Generation Z and Millennials: Understanding their Credit and Financial Challenges

Generation Z and Millennials Credit Generation Z, or Gen Z for short, is the demographic cohort born between 1997 and 2012. They are the youngest generation of consumers and have different attitudes and behaviors towards credit than their older counterparts. Based on the web search results, here are some possible insights into what Gen Z…

The Role of Gen Z and Millennials in the Rental Market

The Role of Gen Z and Millennials in the Rental Market

Gen Z and Millennials are pivotal players in the rental market, making up about 23% and 35% of renters respectively. However, a new survey, conducted by The Harris Poll,¹ uncovers a concerning trend: a gap in credit score awareness among these younger generations. This lack of knowledge isn’t just a minor oversight; it’s a barrier…