Gen Z is racking up card debt after era of tightwad millennials By Shahien Nasiripourand Jenny Surane Bloomberg News Feb 1, 2020 Feb 1, 2020 Updated Feb 6, 2020 0 Mastercard credit and debit cards on April 29, 2019. MUST CREDIT: Bloomberg photo by Andrew Harrer. Andrew Harrer Facebook Twitter WhatsApp SMS Email Print Copy article link Save By Shahien Nasiripourand Jenny Surane Bloomberg News A generation of Americans who were entering adolescence when the financial crisis struck is showing little fear of debt.kAm|6>36CD @7 v6?6C2E:@? + 2C6 >@C6 =:<6=J E@ CF? FA E96:C 4C65:E 42C5D E92? E96 |:==6??:2=D H9@ 42>6 367@C6 E96>[ ?6H C6D62C49 D9@HD[ 3F@J:?8 E96 7:?2?4:2= :?5FDECJ’D 9@A6 E92E E@52J’D E66?D 2?5 6>6C8:?8 a_\D@>6E9:?8D H:== 7F6= 9:896C AC@7:ED :? 4@>:?8 J62CD]k^AmkAmp3@FE c` A6C46?E @7 6=:8:3=6 v6? +6CD[ 567:?65 2D E9@D6 3@C? :? E96 >:5\`hh_D @C =2E6C[ 925 2 4C65:E 42C5 =2DE J62C[ 4@>A2C65 E@ bc A6C46?E @7 |:==6??:2=D C6249:?8 E96 D2>6 286 :? a_`a[ 244@C5:?8 E@ %C2?D&?:@?] %96 2G6C286 ac\J62C\@=5 =2DE J62C[ 7@C 6I2>A=6[ @H65 23@FE Sa[___ @? E96:C 42C5[ 23@FE @?6\E9:C5 >@C6 E92? |:==6??:2=D 2E E92E 286 :? a_`a]k^Am People are also reading… Friday Five: Two new restaurants, Panda Fest, lawncare and acting broke As drought worsens Concord asks customers to conserve water Commissioners Notebook: Board discusses opioid settlement funds; revisions to Emergency Operations Plan Kannapolis Police: Teenager shot and killed Monday Kannapolis will host document shredding event Cabarrus Health Alliance opens office at Brown Mill NC facing 'wild west' crossroads with cannabis usage, regulations Cabarrus Center at 5: From idea to impact, downtown hub reshapes local business landscape Historical marker in Rowan County honors nation’s first Black credit union Around town: New office for health care, document shredding and 'Toast of the Town' A ‘Sweet’ way to close Old Courthouse Theatre’s Fiftieth Golden Season: Sweet Charity Concord named among nation’s best places to live in 2026 Buying a home in Concord costs far more than renting, a new study finds UPDATE: US military seizes Iranian-flagged cargo ship Wonders win on scoreboard, but all winners in Jonathan Foundation game kAm%96 7:8FC6D 255 E@ 2 8C@H:?8 3@5J @7 6G:56?46 E92E =6?56CD ?665 ?@E H@CCJ 23@FE J@F?8 A6@A=6 H9@ 6D496H 3@CC@H:?8 — 56DA:E6 2 AC@A6?D:EJ 7@C 3FJ:?8 D64@?592?5 4=@E96D 27E6C 4@>:?8 @7 286 :? E96 vC62E #646DD:@?] q2?<D 2C6 9@A:?8 E@ DFDE2:? C64@C5 =6G6=D @7 AC@7:E 2>:5 2 3@CC@H:?8 3:?86 3J &]$] 9@FD69@=5D]k^AmkAm“~FC 36=:67 :D E92E E96 56D:C6 7@C 4C65:E 2>@?8 E9:D 86?6C2E:@? :D D:8?:7:42?E 24C@DD E96 3@2C5[” D2:5 y2D@? {2<J[ 9625 @7 7:?2?4:2= D6CG:46D 2E %C2?D&?:@?[ @?6 @7 E96 E9C66 3:8 4C65:E 3FC62FD E92E EC24<D 9@H 9@FD69@=5D 92?5=6 563E] “p?5 :>AC@G:?8 64@?@>:4 4@?5:E:@?D H:== =:<6=J D6CG6 2D 2 DAC:?83@2C5 7@C >@C6 4C65:E]”k^Am kAm!2CE @7 E96 C62D@? 7@C E96 :?5FDECJ’D 6286C?6DD E@ =6?5 E@ 4@?DF>6CD 36EH66? `g 2?5 ac 4@F=5 36 E96 724E E92E >@C6 @7 E96> 92G6 2 4C65:E D4@C6 4@?D:56C65 AC:>6 @C 23@G6] (9:=6 d_T @7 v6? +6CD 92G6 2 D4@C6 @7 2E =62DE ee`[ @?=J bhT @7 |:==6??:2=D 5:5 H96? E96J H6C6 :? E92E 286 C2?86[ %C2?D&?:@? 7@F?5] p7E6C 2==[ >2?J |:==6??:2=D H6C6 6?E6C:?8 E96 H@C<7@C46 H:E9 967EJ DEF56?E =@2?D 2D E96 4C:D:D DECF4<]k^Am kAm$E:==[ v6? +’D @A6??6DD E@ 563E 4@F=5 :>A24E :ED 244F>F=2E:@? @7 H62=E9[ =62G:?8 >2?J H@CD6 @77 E92? AC6G:@FD 86?6C2E:@?D] |:==6??:2=D <?@H E9:D H6==] {2DE J62C[ E96J 925 a]hT @7 E96 ?2E:@?’D 9@FD69@=5 H62=E9[ u656C2= #6D6CG6 52E2 D9@H] $@>6 `e J62CD 62C=:6C[ D:>:=2C=J 2865 p>6C:42?D — E9@D6 C@F89=J 36EH66? E96 286D @7 ab 2?5 bg — 925 ?62C=J 5@F3=6 E92E D92C6]k^Am 0 Comments The business news you need Get the latest local business news delivered FREE to your inbox weekly. Sign up! * I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy. Related to this story Watch Now: Related Video Food Lion CEO Greg FINCHUM Food Lion distribution center Berger, Alston, KENNETT Food Lion distribution center Berger, Alston, KENNETT Food Lion Burlington distribution center Sanja KRAJNOVIC Food Lion Burlington distribution center Sanja KRAJNOVIC Food Lion event - Ahold Delhaize CEO JJ FLEEMAN Food Lion event - Ahold Delhaize CEO JJ FLEEMAN
