4 charts

How younger generations are driving the recovery in consumer credit in 4 charts

  • When the pandemic hit, credit issuers tightened their lending criteria and focused more on serving prime consumers.
  • The consumer credit markets have since recovered, mostly due to younger generations, but the steep growth witnessed last year is expected to subside in 2022.
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How younger generations are driving the recovery in consumer credit in 4 charts

 


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