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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Select Us LLC is a licensed credit repair company with top-rated credit coaches, consultants, and a vast network of partners. Our mission is to empower consumers and assist them in reaching their financial goals. With over 20 years of experience in the field our individulaized strategies have proven to be the most aggressive in the industry.
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