THE COST OF Christmas can be high, and for some it’s out of their budget.

A new survey showed that half of people will borrow to pay for Christmas, with the average loan standing at €410.

The Irish League of Credit Unions surveyed 1,000 adults, and said that the average spend on Christmas this year is expected to be greater than last year.

We ask: Will you be borrowing to pay for Christmas this year?

Poll Results:

No (2278)

No - but I have in the past (1900)

Yes (419)

I don't know (234)

Yes
No
No - but I have in the past
I don't know

Read: Half will borrow to pay for Christmas as younger people look to moneylenders>

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Poll: Will you be borrowing to pay for Christmas this year?

Poll Results:

Read: Half will borrow to pay for Christmas as younger people look to moneylenders>

Making a difference

A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.