Gen Z Accumulates Large Unsecured Consumer Debt

India’s young adults are accumulating large volumes of unsecured digital credit, creating widespread debt stress, the article reports. Case studies include a Pune photographer who amassed nearly Rs.40 lakh across 54 loan accounts; CIBIL notes Gen Z comprises 41% of new-to-credit consumers and CRIF‑UFF (June 2025) finds over 65% of NBFC-fintech borrowers aged 26–35 with 26% of sub‑₹50,000 loans delinquent over 90 days.