Gen-X renters have significantly weaker credit profiles than homeowners

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But many people out here rent a home rather than an apartment. We have some tenants who are lifers, many of whom are more "successful" than I am, and I own my home. If you rent a run down apartment in the slums, then yes, you are going to have people feeling sorry for you when you say where you live.

compared to Gen X (64%) and Baby Boomers (61%). However, more than half (53%) of Millennial renters are optimistic about managing their debt. Savings Most renters indicate they are saving for multiple financial goals and generally feel behind on saving for their goals.

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