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At Least Mom And Dad Won't Report You To The Credit Bureaus... Right Away
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I don't really 100% buy (no pun intended) this study from the Bank of America that terms it a change that Millennials are using money borrowed from their parents to gather down payments for houses. The study claims that Boomers saved money for that down payment, but as someone who fits into the tail end of the Boomer generation, I know that parents have been helping their adult kids buy homes forever. How did you do it? (KPHO-TV-KTVK/Phoenix)
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