Gen Z Is Seeking Debt Help Faster Than Any Other Generation, New Figures Show

Source: International Business Times

A young customer hands over cash to purchase an iPhone 5 at an Apple store in New York City on September 21, 2012. New figures show Gen Z is the fastest-growing group seeking debt counseling at Money Management International, with clients owing an average of $20,200 in unsecured debt. Getty Images More young Americans are seeking professional help managing their debt, with Generation Z emerging as the fastest-growing group of clients at a major nonprofit credit counseling agency as rising borrowing costs and everyday expenses put pressure on household finances.