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In the recession’s wake, every generation has shed credit card debt — but the youngest generation has been most aggressive about it. A survey from Auriemma Consulting Group published in August 2011 reports that the number of both Generation Xers and Millennials
who say they frequently carry a balance has fallen 18 percentage points in just four years. Baby boomers, meanwhile, have seen a much smaller decline.To use the graphic on your site, use the following code:
<center><a href=”https://www.creditcards.com/credit-card-news/infographic-millenials-shedding-credit_card_debt-1276/”><img alt=”CreditCards.com infographic: Millennials shedding credit card debt, survey says” border=”0″ src=”https://www.creditcards.com/credit-card-news/images/infographic-carrying-balance-on-cc.jpg” /></a> </center>
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