Holiday shoppers plan to spend more while taking on debt this season [MSNBC.com]
Mastercard Incorporated (MA)
Last mastercard incorporated earnings: 4/29 08:00 am
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Source: MSNBC.com
watch nowVIDEO6:3206:32Increase in consumer holiday spending expected this year, says Mastercard's Michelle MeyerMoney MoversAmericans often splurge on gifts during theholidaysThis year, holiday spending between Nov. 1 and Dec. 31 is expected to increase to a record total of $979.5 billion to $989 billion, according to theNational FederationEven ascredit card debt$1.14 trillionDeloitte's holiday retail surveyMeanwhile, 28% of holiday shoppers still have not paid off the gifts they purchased for their loved ones last year, according to another holiday spending report byNerdWalletHeading into the peak holiday shopping season, 74% of shoppers plan to use credit cards to make their purchases, NerdWallet found.Another 28% will tap into savings to buy holiday gifts and 16% will lean on buy now, pay later services. NerdWallet polled more than 1,700 adults in September.More from Personal :Could buy now, pay later loans affect your credit score?Americans can't stop 'spaving' — how to avoid th
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MA
Earnings
- 8/1/24 - Beat
MA
Sec Filings
- 10/3/24 - Form 4
- 10/3/24 - Form 4
- 10/3/24 - Form 4
- MA's page on the SEC website