Young adults are turning to debt help more than ever. Here’s what’s driving it and what to do.
Share
Debt is getting harder to manage, and more Americans are turning to credit counseling and debt management for help. But increasingly, the customer seeking that help is younger.
Gen Z adults ages 18 to 29 still make up a relatively small share of debt management clients — 16% of the client base at Money Management International (MMI), one of the country’s largest nonprofit credit counseling agencies. But they’re the fastest-growing group. Over…