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Nearly Half of 23- to 35-Year-Olds Have Used a Risky Financial Service in the Past Five Years
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Nearly Half of 23- to 35-Year-Olds Have Used a Risky Financial Service in the Past Five Years

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Demography Unplugged
Jan 12, 2016
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Demography Unplugged
Demography Unplugged
Nearly Half of 23- to 35-Year-Olds Have Used a Risky Financial Service in the Past Five Years
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Nearly half (42%) of 23- to 35-year-olds have used a risky financial service in the past five years, such as a payday loan, title loan, or tax refund advance. Cash-strapped and hammered by student loan debt, some Millennials see no other way to stay above water.

—PricewaterhouseCoopers

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