Previously, people used to take it when they really needed it- for ticking off essential milestones. It could include things like buying a house, paying their bills, paying their children’s education, etc. However, when we look at the borrowing and spending habits of the millennial generation, it is completely different from that of the last. Personal loans continue to be popular to this date, but the reasons for borrowing have undergone a huge change. [Read more…] about Financial Independence: How Loans are Empowering Younger Generations