Business
A Third of Millennials Have Never Had a Credit Card
In this March 5, 2012, file photo, consumer credit cards are posed in North Andover, Mass. (AP Photo/Elise Amendola, File)
(USA Today) – In a society where tens of millions rely on a credit card to shop or pay bills, a new survey out Wednesday reveals that more than a third of Millennials have never had one.
According to CreditCards.com, 36% of Americans between the ages of 18 and 29 have never had a credit card.
That may be due in part to a 2009 law that whittled away the near-ubiquitous offers of credit to college students, says Matt Schulz, senior industry analyst at CreditCards.com.
Those reforms stated that those under age 21 had to prove their income or get parental permission in order to obtain a credit card. “That’s very different from the past,” Schulz says. “I know when I was in college, every dorm mailbox was overrun with credit cards, and you had banks and credit card issuers handing out pizzas and Frisbees to get people to sign up.”
Activism
Oakland Post: Week of November 20 – 26, 2024
The printed Weekly Edition of the Oakland Post: Week of November 20 – 26, 2024
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Activism
Oakland Post: Week of November 13 – 19, 2024
The printed Weekly Edition of the Oakland Post: Week of November 13 – 19, 2024
To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.
Activism
LIVE! — TOWN HALL ON RACISM AND ITS IMPACT — THURS. 11.14.24 5PM PST
Join us for a LIVE Virtual Town Hall on the Impact of Racism hosted by Post News Group Journalist Carla Thomas and featuring Oakland, CA NAACP President Cynthia Adams & other Special Guests.
Thursday, November 14, 2024, 5 p.m. – 6:30 p.m. PST
Join us for a LIVE Virtual Town Hall on the Impact of Racism hosted by Post News Group Journalist Carla Thomas and featuring Oakland, CA NAACP President Cynthia Adams & other Special Guests.
Thursday, November 14, 2024
5 p.m. – 6:30 p.m. PST
Discussion Topics:
• Since the pandemic, what battles have the NAACP fought nationally, and how have they impacted us locally?
• What trends are you seeing concerning Racism? Is it more covert or overt?
• What are the top 5 issues resulting from racism in our communities?
• How do racial and other types of discrimination impact local communities?
• What are the most effective ways our community can combat racism and hate?
Your questions and comments will be shared LIVE with the moderators and viewers during the broadcast.
STREAMED LIVE!
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YOUTUBE: youtube.com/blackpressusatv
X: twitter.com/blackpressusa
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Oakland Post: Week of November 20 – 26, 2024
PRESS ROOM: Clyburn, Pressley, Scanlon, Colleagues Urge Biden to Use Clemency Power to Address Mass Incarceration Before Leaving Office
Tennessee State University Set to Debut the First Division I Hockey Team at An HBCU
HBCU Champions Advance to Postseason Play
An Inside Look into How San Francisco Analyzes Homeless Encampments
Op-Ed: Where Do We Go from Here?
HBCU Interns Learn Emotional Intelligence
Leveling Up: How HBCUs Empower Black Students To Rise Above, Achieve
Op-Ed: A Racial Reckoning in Columbus Ohio
PRESS ROOM: National Battle of the Bands Honors HBCU Heritage with “The Legacy of HBCU Marching Bands”
Five HBCUs Leading the Charge in Creating Black Excellence
OP-ED: We Must Work Together to Support the Sustainability of HBCUs in America
Embracing Home Visits: Honoring Parents and Strengthening Communities
THE FEDS
Biden-Harris Administration Announces $1.3 Billion in Additional Funding for HBCUs
Alameda County District Attorney Pamela Price Announces $7.5 Million Settlement Agreement with Walmart
‘Jim Crow Was and Remains Real in Alameda County (and) It Is What We Are Challenging and Trying to Fix Every Day,’ Says D.A. Pamela Price
OP-ED: Hydrogen’s Promise a Path to Cleaner Air and Jobs for Oakland
In the City Attorney Race, Ryan Richardson Is Better for Oakland
Unleashing Power: The GLC43 SUV with 416 HP
Why DeLorean Chose Stainless Steel: Innovations & Patents
Oakland Post: Week of October 30 – November 5, 2024
2024 Mercedes Benz GLC 43 AMG: Ultimate POV Test Drive
AMG GLC43: The Perfect Blend of Power and Practicality
Barbara Lee, Other Leaders, Urge Voters to Say ‘No’ to Recalls of D.A. Pamela Price, Mayor Sheng Thao
D.A. Price Charges Coliseum Flea Market Vendors in Organized Retail Theft Case
COMMENTARY: DA Price Has Done Nothing Wrong; Oppose Her Recall
Harris Promises 1 Million Forgivable Loans for Black Businesses
Oakland Post: Week of October 9 – 15, 2024
DeLorean’s Untold Legacy
LIVE! — TOWN HALL ON RACISM AND ITS IMPACT — THURS. 11.14.24 5PM PST
AMG GLC43: The Perfect Blend of Power and Practicality
2024 Mercedes Benz GLC 43 AMG: Ultimate POV Test Drive
Unleashing Power: The GLC43 SUV with 416 HP
Why DeLorean Chose Stainless Steel: Innovations & Patents
DeLorean’s Untold Legacy
Why Driving the DeLorean is a Unique Experience
How Will the Outcome of This Election Affect the Auto Industry?
The Ariya Empower+
Trump vs. Biden: EV Showdown
Election’s Auto Industry Impact
The Auto Industry’s Struggle – Recovering from COVID
Unleash the AMG Power!
DeLorean: The Rise, Fall, and Second Acts of the DeLorean Motor Company
2024 AMG GLC43 SUV Review: Unleashing Mercedes-Benz’s Hybrid-Enhanced Power and Design
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