Category: General Issues

The Use of Loans Among Young Adults

In the first quarter of 2021, the number of young borrowers grew at the fastest pace. A study by US credit bureaus recorded that young people under the age of 25 began to borrow money much more often than people of other ages. According to credit bureau experts, banks and microfinance institutions attract young people due to the lack of good borrowers of other age categories. The number of loans […]