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Brief May 13, 2026 · 4:02 pm ET Source: The Hill

Young Adults Turn to Personal Loans to Cover Basic Bills

Younger Americans — Gen Z and Millennials — are increasingly taking out personal loans to pay for everyday expenses, with Louisiana leading all states in personal loan requests tied to routine bills, according to The Hill. The data signals that for a significant share of workers under 45, wages and savings are no longer covering baseline costs.

Source: The Hill · link EconomyAffordability
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