herald

Tuesday 6 December 2016

We're still paying for Christmas

debt

THOUSANDS of cash-strapped householders have still to pay for their spending in the run-up to Christmas, a new survey shows.

A third of consumers say they are still burdened by bills built up during the festive period, according to a survey carried out by One4All vouchers.

The average Irish person spends about €1,000 on Christmas, one of the highest levels in the Western world, director of One4All Jock Jordan said.

Most people use their credit cards to pay for the spending splurge, instead of saving.

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