Falling behind? Did you know,
RFi's research indicates that Millennials are the generation with the greatest debt burden – approximately $428,000 if possessing a mortgage, credit card or personal loan - and are also most likely to miss repayments and feel financially stressed. 18-34 year olds have applied for more than twice as many credit cards, mortgages and personal loans as the average Generation X or Baby Boomer in the last 12 months, and they are also the most likely to be declined in their credit applications.
Read here: http://www.brokernews.com.au/news/breaking-news/one-in-four-millennials-stressed-over-potential-rate-rise-227863.aspx
