More than half of shoppers are going into debt this holiday season, study finds


Americans are spending less this holiday season.
But even more than they can do.

On Black Friday, overall spending, both in-store and online, was slightly lower than it was a year ago. This is the first loss of data. Part of the reason is that holiday shoppers have started shopping ahead of time due to delays in product sales and delayed deliveries.

According to the National Retail Federation's annual survey, consumers plan to spend an average of $ 997.73 on themselves and their families this year. A recent report from Cardify, which surveyed more than 2,000 people, found that about 45% of new subscribers are considering “buy now, pay back” or BNPL services for their vacation products. adults.