Only 1 out of 3 Millennials use credit cards

bloomberg.com/news/articles/2018-02-27/debt-conscious-millennials-ditch-credit-cards-threaten-industry

Explain yourselves. First you ditch getting houses, now you can't even get a credit card.

Attached: 2015-05-05-millenials-prepaid-cards.jpg (980x422, 72K)

>Stagnated wages
>Cost of living/utilities/housing through the roof
>Low levels of job security despite all time high productivity
>Years worth of education and testing to gain entry level positions
>Oversaturated job market with big business importing hundreds of thousands of cheap labour every year

MILLENIALS WHY U NO TAKE CRIPPLING DEBT ???? U SMASH AVOCADO OR WHAT ???

That's a good thing.

I only use mine because I either forgot my debit card or don't have cash on me. Which is rare.

It's not that we don't want houses, we can't fucking afford them. Also I don't use credit cards myself because I found no reason to, I had no idea 33% of people my age also didn't have a credit card considering I thought basically everyone had one

I cant wait to see all the screwed up shit Gen Z is gonna get blamed for.

This.

/thread

check them trips

kek the credit jewbs are getting scared

inb4 credit card point shills

>Explain yourselves.
It's literally in the link you fucking moron
>debt conscious
It even theorizes that it's because they came of age during GFC.
How about you read beyond the headline?

You don't need to go into debt to use a credit card. Just never put more on it than what you have in the bank, and pay it off at least twice a month. I use my credit card to pay for almost everything. Improves my credit rating, more convenient than cash, and I get free shit from points. There's no downside unless you're a brainlet with no self control (which most people are, and is why banks make so much money).