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GOBankingRates
GOBankingRates
Cindy Lamothe

How Personal Loans Have Impacted Boomers — And What It Means For Gen Z

kate_sept2004 / Getty Images

When you think of personal loans, you might picture a Gen Z college grad trying to cover rent or fund a dream side hustle. But long before Buy Now, Pay Later and TikTok money advice, Boomers were taking out loans to cover everything from home repairs and medical bills to that once-in-a-lifetime cruise. 

Explore More: 6 Things Frugal Boomers Never Buy

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