More people buy Christmas presents on credit


Published 1 December 2022 at 11.24

Economics. According to the price comparison site Prisjakt, there could be Christmas presents on credit worth SEK 2.2 billion for Swedes this year. More choose to postpone payment despite marginally higher interest rates.

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– It can be expensive in the end, says Oscar Hagman, data analyst at Prisjakt, in a press release.

Swedes are becoming more and more positive about paying Christmas presents on credit with the option of installment, according to the site's measurement. In total, it is about 7 percent who are expected to take advantage of the opportunity this year.

– You plan to buy Christmas presents for an average of SEK 3,752. If 7 percent of Swedes choose to buy all their Christmas presents on credit, that's almost SEK 2.2 billion. It is a very, very large number, notes Oscar Hagman.

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