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MarketBuzz | Fall 2014

Notes on recent economic developments

Millennials saying no to credit cards

Better than six out of 10 Millennials have no credit cards, the Chicago Tribune reported in September.

Quoting a survey from Bankrate.com, an online publisher of personal finance news, the Tribune reported that 63 percent of adults aged 18 to 29 years did not carry a credit card—and only about 40 percent of millennials who use a credit card pay the ...

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