Fewer Consumers Expected to Use Credit Cards

Summary


Holiday shoppers have long relied on credit cards as a fail-safe way to buy the Christmas gifts they need while worrying about the payback later.

But the National Retail Federation's 2010 Holiday Consumer Intentions and Actions survey reveals that consumers say they will lean more heavily on debit cards this holiday season.

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Extract


Fewer Consumers Expected to Use Credit Cards

The report, conducted by BIGresearch, shows that more than 4-of- 10 holiday shoppers (43 percent) will rely on debit cards as a primary form of paym...

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