Student debt, fear of being overextended drive down usage among young consumers.
Even as overall use creeps up, millennial consumers are avoiding credit cards, thanks to factors including massive student loan debt, The New York Times reports. The article says younger consumers are wary of spending beyond their means, but not having credit cards means they may not be able to make bigger purchases, like washing machines and computers. They also won't be building credit histories to help them buy homes. Among households headed by people 35 and under, only 37 percent have credit card debt. That's down a quarter since just before the financial crisis.
Hear What the Industry Thinks About the Ultimate Lens Package by Essilor
Eye care professionals, patients, and Essilor sales consultants shared their feedback on the Ultimate Lens Package. Watch to see why they believe the innovation behind the lens can make the difference for your practice and for your patients. For more information on the Ultimate Lens Package, contact an Essilor Sales Consultant or click here.