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. (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 N
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News
- Block to Announce First Quarter 2025 ResultsBusiness Wire
- Block, Inc. (NYSE: XYZ) was upgraded by analysts at Morgan Stanley from an "equal weight" rating to an "overweight" rating. They now have a $67.00 price target on the stock.MarketBeat
- Block, Inc. (NYSE: XYZ) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $94.00 to $74.00. They now have a "buy" rating on the stock.MarketBeat
- Block, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses; March 18, 2025 Deadline to file Lead Plaintiff MotionGlobeNewswire
- Contact Levi & Korsinsky by March 18, 2025 Deadline to Join Class Action Against Block, Inc. (XYZ)GlobeNewswire
XYZ
Earnings
- 2/20/25 - Beat
XYZ
Sec Filings
- 3/19/25 - Form C/A
- XYZ's page on the SEC website