A new survey by MoneyLion reveals that 78% of Americans expect to spend the same or more on gifts this holiday season compared to last year. Other findings:
- 46% of people are unaware that Buy Now, Pay Later (BNPL) services can impact their credit score
- 23% of people plan to take on gig work like ride share driving and pet sitting to manage higher spending
- 84% of people plan to use credit cards to manage holiday costs