Average Age of Accessing First Credit Product Drops by 21 Years Across Three Generations: Paisabazaar Consumer Insights
Credit Cards and personal loans are now the common entry points Average age of first-time home loan borrowers drops from 41 to 28 With access to credit becoming easier, there has been a 21-year drop in average age of customers getting their first credit product, underlining the fact that consumers are now starting their credit…