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Are credit cards disappearing? image
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Are credit cards disappearing?

Millennials are becoming the most influential group in framing the modern world. Due to the uncertainty regarding their future, they don’t like the idea to be in debt with any bank or financial institutions. The ability of consumers to get credit from banking or financial institutions is affecting negatively the number of issued credit cards. The unwillingness by Millenials to be in debt with any bank or financial institution is setting a new trend where traditional banks are losing most of their power compared to fintech companies and tech giants.

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