Millennials who took out payday loans overconfident about finances

Earlier this year, it was estimated by tax and consulting firm Pricewaterhouse Coopers and the George Washington University’s Global Financial Literacy Excellence Center that 42 percent of United States millennials took out a payday loan as well as other alternative financial products. Millennials – those born between 1980 and 2000 – are cash-strapped, wary of […]