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Savvy Millennials Learned Early About the Effects of Bad Credit

Today’s young adults — the millennials — grew up during the Great Recession and witnessed firsthand the consequences of high levels of debt and unemployment. This experience seems to have made them more likely to have good financial habits than 18-to-30-year-olds in previous generations.1 The following are some current trends in financial habits among young adults that could be beneficial to many.

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