Accessible version of figures
Figure 1. Approximately when do you expect that you will have paid off the loans from your holiday spending?
Note: Among respondents who plan to use a credit card that is paid off over time, a layaway plan, a loan, or any other form of borrowing to pay for holiday gifts.
percent
|
Jan. 2016 or sooner |
Feb. to Mar. 2016 |
Apr. to Jun. 2016 |
Jul. to Dec. 2016 |
Jan. 2017 or later |
| When will loans be paid off |
26 |
24 |
22 |
15 |
13 |
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Figure 2. Holiday spending and borrowing decisions (by family income)
percent
|
Spend without borrowing |
Forego spending |
Borrow |
| Less than $40,000 |
48 |
39 |
13 |
| $40,000-$100,000 |
65 |
14 |
21 |
| Greater than $100,000 |
75 |
6 |
19 |
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Figure 3. Holiday spending and borrowing decisions of parents living with children under age 18 (by family income)
percent
|
Spend without borrowing |
Forego spending |
Borrow |
| Less than $40,000 |
48 |
39 |
13 |
| $40,000-$100,000 |
65 |
14 |
21 |
| Greater than $100,000 |
75 |
6 |
19 |
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Figure 4: Holiday spending and borrowing among those who have a credit card or are very confident that they could obtain credit were they to apply (by income)
percent
|
Spend without borrowing |
Forego spending |
Borrow |
| Less than $40,000 |
51 |
31 |
18 |
| $40,000-$100,000 |
65 |
13 |
22 |
| Greater than $100,000 |
74 |
6 |
20 |
Return to text.
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