As more Californians fall behind in making debt payments, one group stands out

Millennials, making up a significant portion of California's population, are experiencing higher loan delinquency rates, with concerns rising about their ability to manage mounting financial pressures as the economy faces inflation and interest rate challenges.

Despite the current low foreclosure and bankruptcy rates among all ages in California, the increasing loan delinquency rates among millennials suggest a growing financial challenge for this generation.

Read at Los Angeles Times