Instant Insights / Happy Holidays: Celebrating Employees, Clients, Partners, and the End of 2020


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man and child in front of Christmas tree hugging and wearing Santa Claus caps (Photo: Shutterstock)

Americans are changing their holiday spending and travel plans as COVID-19 cases continue to spike. Credible, a multi-lender marketplace, recently surveyed more than 1,000 adults about the impact of the ongoing pandemic. The responses often varied by household income.

Holiday travel. Two-thirds of respondents plan to stay home for the holidays, and an even higher percentage (70 percent) of families with household incomes of $75,000 or more said that’s the case. Overall, slightly more people plan to travel over the Christmas and Hanukkah holidays (23 percent) than thought they would at Thanksgiving (22 percent).

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