Shoppers still paying off last year’s Christmas gifts

(NBC NEWS) — More than one fourth of shoppers who charged holiday gifts in 2017 are still paying off those purchases.

That’s according to a survey from personal finance website “Nerd Wallet.”

Despite the lingering debt, 73 percent of shoppers say they plan to use a credit card to buy presents this holiday season.

That’s up from 58 percent last year.

Shoppers say they expect it to take more than 3 months to pay off those credit card purchases, nearly a month longer than 2017.

33 percent of shoppers say they plan to use layaway and 21 percent said they would use shopping loans to buy gifts.