November 6, 2025

Young Indians are turning credit into a powerful tool for progress – not just a way to borrow money. A survey by digital lending platform mPokket digs deep into how today's youth use credit. The results? Credit is now a key enabler for smart moves like upskilling, career growth, and chasing entrepreneurial dreams. According to the survey, which polled over 3,000 young people across India, a striking 63 percent say credit positively impacts their financial well-being. That's a big thumbs up for credit as more than just a financial lifeline. The survey uncovers exciting uses of credit among youth. Nearly 21.1 percent use it for professional advancement, investing in courses or skills that boost their careers. Another 20 percent tap credit to improve their lifestyle. Education gets a solid 16.5 percent slice of credit use, showing how learning matters deeply. Though some still use credit for healthcare needs (26.3 percent) and emergencies (12.4 percent), the biggest trend is clear: credit is fueling self-investment and long-term growth. It’s less about borrowing for survival, and more about building a bright future. Adding to this vibrant picture, nearly 10 percent of young respondents use credit to power freelancing gigs, creative projects, or small businesses. This sparks India's entrepreneurial flair not just in big cities, but towns and smaller places too. Gaurav Jalan, Founder & CEO of mPokket, sums it up: "What we're seeing is a powerful shift in how young India engages with finance. Credit is no longer just about access--it's about agency. When used responsibly, it becomes a tool for self-growth, helping people upskill, plan ahead, and participate confidently in the economy." mPokket Financial Services, the fintech behind the survey, is a Reserve Bank of India-registered non-banking financial company (NBFC). It focuses on bringing financial inclusion to all corners of India, making credit easier and smarter for everyday users. This fresh take on credit shows how young Indians are rewriting the rules. Instead of fearing debt, they harness credit as a launchpad to grow their skills, careers, and dreams. Who knew credit could be this cool and helpful?

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Tags: Credit Usage, Young Indians, Financial Wellbeing, Digital Lending, Entrepreneurship, Career growth,