Young adults are too broke to get loans

 

Source: Tami Luhby, CNNMoney.com ( Free Registration )

Young adults are in less debt than they were a decade ago, but that's not a good thing.

It's not because legions of Americans under age 35 have suddenly become fiscally responsible. It's more likely that their shaky economic foundations either prevent them from qualifying for a loan or even thinking about applying for one, according to those studying the trend.

Read Full Article: Young adults are too broke to get loans

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money management, debt, savings, spending

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