America’s Expanding Debt Footprint (And What It Really Means)
PYMNTS
JUNE 26, 2018
And not just one branch of underwriting — for a short while there, it seemed like all of it had hit Game Over status — with consumers; SMB and even enterprise-level lending slowed to a near stop. But that 42 percent of debt is not divided evenly among consumers — millennials are carrying the vast bulk of it.
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