Millenials Are Engaging in Risky Financial Business

Samson Cho, Program Associate, Clarifi
February 1, 2016

If you’re living on the East Coast, I’m sure you’re happy that the snow from last week is finally melting away. By the end of the week we should be looking at snow-free sidewalks and melting snow drifts. Wouldn’t it be great if the debt that we face was as easy to get rid of?

I know that many of us are facing a tremendous amount of debt, whether it be student loan or even credit card debt. Many Millennials have looked to less traditional ways to get cash quickly by taking out pay day loans or title loans, but at what cost? Here’s an interesting article that speaks on some of the challenges that Millennials are facing and some of the ways that they are trying to rid themselves of their financial problems.

42 Percent of Millennials Are Engaging in This Risky Financial Behavior