Most of the Hungarian families are over-spending at Christmas

Nearly 40 percent of Hungarians feel they spend more on Christmas gifts than they could do, but they typically do not finance them from loans – according to Intrum Justitia’s European Consumer Payments Report made in November.

According to the report sent to MTI, the over-spending during Christmas is not a Hungarian practice, similar tendencies can be observed in other European countries as well. Like the European average, Hungarians do not buy gifts from loans, only 2 Hungarians from 10 are lending money to buy Christmas presents. (MTI)