Credit card debt is greater amongst those in younger age brackets. In accordance with data through the PWC, those aged 18-24 have actually the greatest financial obligation to earnings ratio – their personal debt is add up to 100per cent of these earnings. Those aged 25-34 have actually credit card debt corresponding to simply over half their income. That drops to around 25 % for all those aged 35-44, to simply over 15% of these earnings for people aged 45-55, and around 10% for anyone aged 55 and over.