ORLANDO, Fla. – Millennials now make up the largest generation of clients across the country seeking help from debt counseling agencies like Money Management International (MMI).
MMI’s data reveals a clear pattern of surging demand and debt loads among Millennial clients in California, Florida, Texas, Georgia, New Jersey, Washington, Arizona, Massachusetts, and Michigan—states that already grapple with escalating housing costs and consumer debt.
There was a 41% uptick in the number of Millennials seeking debt relief in Florida last year. The average Millenial’s unsecured debt balance among MMI clients climbed to a record $30,000 in 2024.
One of those clients is Michael, a Deltona father and an account executive with salesforce…
