Millenials Shunning Plastic

A growing number of Millenials are avoiding credit cards.

Mike Cetera at Bankrate says they did a survey that found credit card usage increases as people get older.

So why are younger Americans not using credit cards? Cetera says it’s because they saw what happened with their parents and other older family members during the recession and they don’t want to end up with huge debt should that happen again.

Cetera says at times, plastic is a necessary evil. They’re an important step towards building your credit score and he advises to get an unsecured card from your bank or credit union if you chose to get one.

SHARE

RELATED CONTENT

TX-San Antonio Law Enforcement Hiring Expo is October 4th District 21 Town Hall with Joseph Kopser Republican Pete Flores wins Senate seat in Democratic stronghold Military aircraft goes down near San Antonio mall Manu Ginóbili explains decision to retire from NBA 1703 Baptismal Book documents San Antonio’s history
Comments