Only 33% of millennials in the US own a credit card today. 67% of consumers under the age of 30 have a sub- or non-prime credit score. And worse yet, around 33% of people in this age group don’t have a score at all, due to lack of credit history.
Sezzle’s mission is to financially empower the next generation. We’ve built an exciting new payment platform that enables young consumers to pay for their purchases using interest-free installment plans, and our goal is to help consumers build credit with Sezzle by reporting good repayment behavior to the credit bureaus.