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Evening Standard

Vicky Shaw

Christmas on credit: one in seven ‘using buy now pay later to fund festivities’

thinkmoney BNPL FCA Censuswide

Just over a fifth of Christmas shoppers surveyed expect to have cleared their festive bills by the end of December (Peter Byrne/PA) - (PA Archive)

Around one in seven (14%) Christmas shoppers are expecting to use buy now, pay later schemes to help fund the festivities this year, a survey indicates.

A quarter (25%) of people will be using credit cards to help fund Christmas spending, according to the research for banking app thinkmoney.

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