Loans of the future will be based on high-level technology combined with high-touch servicing, experts predict.
Young consumers lag behind Gen X in credit card openings but beat them in auto and student loans.
HELOCs coming into drawdown are risky, but credit unions can help members manage debt, Experian says.
Student loans increase by 84% from 2008 to 2014 and surpass home equity, credit card and auto loan balances.
A recent Experian study has found that the generation gap applies to finances and debt as well.
Card delinquencies down in major Texas, Ohio markets while mortgage delinquencies up in Portland, Phoenix, Baltimore, Seattle, New York and D.C.
Consumers living in Washington DC and its surrounding area have the highest monthly payments in the nation for bills that include credit card, car loan and lease or mortgages, according to Experian.