Are Millennials F*cked? Half Of Millennials Feel Crippled By Their Credit Score.

July 17, 2018

According to a new study conducted last month by a prominent financial-tech firm, 46% of millennials “already feel held back by their credit score”. 

Some other shocking statistics from the survey include:

-76% have continued using their credit cards without attempting to control spending

-27% of millennials said a bad credit score had hurt their chances of buying a car

-26% of millennials said poor credit had hurt their chances of getting a loan

-23% of millennials said poor credit had hurt their chances of getting a credit card

-25% of millennials said poor credit had hurt their chances of getting an apartment or house

-14% of millennials said they lived with roommates because they couldn't rent on their own, due to bad credit

 

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