💨 Abstract

The article discusses a consumer insight study by Paisabazaar, revealing a 21-year drop in the average age of consumers getting their first credit product. This drop is attributed to easier access to credit and a shift in consumer mindset, with consumers born in the 1990s starting their credit journey at around 25-28 years, compared to 47 for those born in the 1960s.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖