Millennials and Gen Z Don’t Know What Credit Unions Are

Okay, let’s start this out with a major caveat:

Most young people don’t have a good understanding of the financial world. Ask them to tell you what APR stands for. Or the difference between renting and leasing. Or how credit scoring works. Many will answer competently, but most will not.

So, take this will a grain of salt:

Most Millennials and Gen Z don’t know what credit unions are.

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