GENDER AND GENERATIONAL DIFFERENCES DRIVE INCREASED LATE BILL PAYMENT AND DEBT COLLECTION ACTIVITY
In celebration of Financial Literacy Month, the National Foundation for Credit Counseling® (NFCC®) has released its 11th annual Consumer Financial Literacy Survey. This year’s survey, conducted online by Harris Poll in March 2018 among 2,017 U.S. adults ages 18 and older, identifies significant differences when it comes to bill payment, savings and retirement, and barriers to home ownership. Sponsored by BECU, Washington State’s largest credit union, the survey also indicates some variances in behaviors between gender and age groups.
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