In today's complex financial landscape, financial institutions are uniquely positioned to help customers understand and improve their credit. Yet, despite this opportunity, many customers still struggle with the basics of credit scores, responsible credit use, and long-term planning.
Recent data reveals:
- 46% of 18-24-year olds don't know their credit score.
- 62% of Gen Z and 50% of millennials have growing credit card balances
- 70% of young adults have questions about their financial health — but struggle to find trusted advice.
Financial institutions that provide customers with personalized education and proactive support can strengthen trust, deepen relationships, and grow long-term impact. Download the full whitepaper to learn more.