Shoppers warned away from 'buy now, pay later' services ahead of Christmas

Research from Ireland’s consumer watchdog suggest that the average expected spend on Christmas rose significantly last year to €1,177. File photo

Consumers have been urged to avoid “buy now, pay later” services for their Christmas costs this year, as households prepare to borrow to be able to afford festive spending this year.

Price comparison website Bonkers.ie has told consumers to borrow responsibly and think carefully about the best forms of finance to use when it comes to affording Christmas socialising, gifts and food.