 TITLE: Millennials Have the Fastest-Growing Personal Loan Debt CONTENT: Millennial Personal Loan Debt Grows 44% in Five Years\n-----------------------------------------------------\nWhile millennials have one of the lowest personal loan burdens, over the past five years, the amount the generation owes on their personal loans has grown 44%, according to Experian data. This is more than double the growth seen by any other age group.\nSince the second quarter of 2014, millennial debt grew from $8,201 to its current level of $11,819. Generation X also saw double-digit growth during this period, increasing average personal loan balances by 16%. Baby boomers' personal loan debt grew by only 2% in the past five years, while the silent generation saw an 8% decrease. Generation Z was not included in this analysis due to their age. END