Tag: Millennial
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Millennial credit card delinquencies rise: New York Fed
Millennial Credit Card Delinquencies Rise: New York Fed The New York Federal Reserve announced today that credit card delinquencies among millennials have shown a concerning rise in recent months. This data indicates a troubling trend among younger individuals facing financial difficulties. According to the New York Fed’s report, the delinquency rate for millennials – defined…
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Millennial and Gen Z consumers prefer brands over banks, survey says
In a recent survey conducted among Millennial and Gen Z consumers, it has become apparent that the younger generations now prefer brands over traditional banks. This shift in preference has significant implications not only for the banking industry but also for branding strategies within businesses. The survey, which garnered…