Cash App Afterpay Reveals That Credit Card "Ick" is Real with Nearly Two-Thirds of Gen Z Ditching Credit Cards for Smarter Spending
Block, Inc. Class A, (XYZ)
Company Research
Source: Business Wire
Report reveals 63% of Gen Z have moved away from credit cards in favor of alternatives as hidden fees, high interest rates and financial stress drive demand for more transparent alternativesMore than half of Gen Z believe BNPL helps them better manage their finances compared to traditional credit, highlighting a clear generational shift DISTRIBUTED-WORK-MODEL/SAN FRANCISCO--(BUSINESS WIRE)--Today, Cash App Afterpay released the Why Credit Cards Give Gen Z The Ick Report, a deep dive into the evolving financial behaviors of next generation consumers based on research conducted by Morning Consult. The report highlights growing skepticism with traditional credit, the struggle to budget effectively, and a rising preference for debit cards and Buy Now, Pay Later (BNPL) solutions - trends that are magnified with Gen Z consumers.1 This comes at a critical time for retailers and brands with Gen Z poised to drive major structural shifts in the economy. With their growing purchasing power, d
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News
- Holiday Shopping Just Got More Flexible: Afterpay Adds New Brands Including Jenni Kayne, Hibbett, and DieselBusiness Wire
- Block Processes 124 Million Transactions as Americans Shop Local This Black Friday, Cyber MondayBusiness Wire
- Block (NYSE:XYZ) was upgraded by analysts at Compass Point from a "strong sell" rating to a "hold" rating.MarketBeat
- Block (NYSE:XYZ) had its "buy" rating reaffirmed by analysts at Needham & Company LLC. They now have a $80.00 price target on the stock.MarketBeat
- Block (NYSE:XYZ) had its price target raised by analysts at Morgan Stanley from $71.00 to $72.00. They now have an "equal weight" rating on the stock.MarketBeat
XYZ
Earnings
- 11/6/25 - Beat
XYZ
Sec Filings
- 10/17/25 - Form D
- 10/16/25 - Form C-TR
- XYZ's page on the SEC website