BusinessJanuary 3, 2022
One-third of Americans are Christmas debtors
According to Lending Tree, 36% of U.S. consumers went into debt this holiday season, owing an average of $1,249. Most holiday debtors put their purchases on credit cards, but for the first time, nearly four in 10 shoppers used so-called "buy now, pay later" financing to spread out expenses...
According to Lending Tree, 36% of U.S. consumers went into debt this holiday season, owing an average of $1,249.
Most holiday debtors put their purchases on credit cards, but for the first time, nearly four in 10 shoppers used so-called "buy now, pay later" financing to spread out expenses.
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More than 2,000 adults were surveyed between Dec. 14 and 20 for the report.
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