Financial Face-off: Buy now, pay later vs. credit cards —what makes better financial sense?

The face-off

Holiday shopping season is in full swing. Despite economic headwinds, there’s some evidence that consumers aren’t planning to curtail their spending on gifts and celebrations. While 37% of U.S. households say “their financial situation is worse than last year,” overall holiday spending is “expected to match 2021 levels, at $1,455 per consumer,” according to Deloitte’s 2022 holiday retail survey.


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