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The Independent UK
The Independent UK
Business
J.R. Duren

Half of US shoppers worried about affording holiday gifts despite projections of record spending

A large number of Americans say they are willing to borrow money or go into debt to fund their holiday gift shopping, a new study has found.

Nearly half (49 per cent) say they will borrow money and 27 per cent said they will take on debt, according to the new poll of 1,003 people over three days last month by retail advocate International Council of Shopping Centers.

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