Younger Consumers Are More Prone to Overspending

38% of consumers aged 18 o forty four say they only partially understand payment methods, and five % say they don't understand them at all. As a result, young consumers tend to struggle with their financial health. Younger consumers have also been the most enthusiastic adoptors of b and beal services. However, any are failing to take advantage of interest free options and paying beyond their budgets or not paying on time.