MMI financial educator Thomas Nitzsche said they saw "a really significant jump" in new clients last year.
Gen X and baby boomers carried the highest unsecured debt, averaging about $36,000 and $32,000, respectively.
In 2024, 47% of millennial clients reported facing financial hardships due to excessive credit card use, higher than older generations.
A customized collection of grant news from foundations and the federal government from around the Web.
The Acceso Peanut Enterprise Corp., a social enterprise launched by The Clinton Giustra Enterprise Partnership, is created to help more than 12,000 small holder peanut farmers in Haiti. The Partnership is a Clinton Foundation initiative designed to foster economic development and alleviate poverty.