Recent study shows holiday spending caused nearly half of …

CAPE GIRARDEAU, Mo. (KFVS) - A recent study found holiday spending has caused nearly half of Americans to go into debt and more plan to spend more than they have this year. “I feel …

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Holiday Debt Survey | ConsumerAffairs®

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Oct 31, 2024 · Nearly 19% of shoppers expect they’ll go into debt this year to fund holiday shopping. About 2 in 10 plan to use credit cards. Half that number, 10%, say they plan to use …

consumeraffairs.com

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Holiday Spending Sees Americans Borrowing For The Holidays

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Dec 11, 2024 · Fort Lauderdale, FL – November 25, 2024 – Debt.com’s annual holiday shopping survey reveals that 66% of Americans plan to take on debt for holiday shopping this year. The …

debt.com

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US Shoppers Took On Over $1,500 In Holiday Debt: Report

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Jan 6, 2023 · More than a third (37%) of survey respondents said they expect to take five months or more to pay off their debt, an increase from 28% in 2021. Nearly two-thirds (63%) of …

retaildive.com

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2024 Holiday Shopping: Nearly 1 In 4 Americans Expect To Go Into …

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Nov 13, 2024 · The holiday season is notoriously expensive, from Americans buying presents to traveling to see loved ones. On average, respondents are expecting to spend $1,373 in total …

cardrates.com

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Over A Quarter Of Americans Expect To Have Holiday Debt - Credit …

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Oct 9, 2019 · Over a quarter (27%) of Americans expect to go into debt this holiday season.More than 2 in 5 (42%) of those who expect to go into debt this holiday season anticipate taking on …

creditkarma.com

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Man $1,600 In Debt From Holiday Gifts Last Year Won't Give

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Nov 16, 2023 · Nearly one in four Americans still have holiday debt from last year, according to a WalletHub holiday shopping study, and even more are likely to go into debt this season as …

newsweek.com

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Holiday Debt Can Linger Until Mid-2025, Achieve Survey Finds

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Dec 10, 2024 · According to the research, 37% of those who celebrate the holidays have gone into debt in years past. Nearly one in five (17%) think it's likely they'll go into holiday debt this …

yahoo.com

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Holiday Shopping: 1 In 4 Americans Already Bought All Their Gifts

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Oct 21, 2020 · More than half of consumers with a household income of $100,000 or more expect to go into holiday shopping debt compared to 26% of those with a household income of …

usatoday.com

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Holiday Shoppers Spent A Record $1.2T Online, 36% Took On Debt …

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Jan 8, 2025 · Perhaps the most grim statistic to emerge from these new holiday shopping retrospectives comes from the LendingTree survey: “Parents of young children were the most …

tech.co

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Money Blog: Bank Of England Cuts Benchmark Interest Rate

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16 hours ago · Welcome to the Money blog as the Bank of England announces a cut in the base rate from 4.75% to 4.5%. You can submit a question for a live Q&A which starts at 4.30pm.

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FAQs about Recent study shows holiday spending caused nearly half of … Coupon?

Is holiday spending causing Americans to go into debt?

C APE GIRARDEAU, Mo. (KFVS) - A recent study found holiday spending has caused nearly half of Americans to go into debt and more plan to spend more than they have this year. “I feel there’s always a little bit of pressure,” said Dallas Vance. ...

Will you go into debt for the holidays?

(Getty Images) An early November survey from U.S. News & World Report shows that more than four in 10 respondents expect to go into debt to pay for gifts and travel during the holiday season. When asked what methods they'll use to finance the holidays, here's how they respond: ...

Do Americans still have debt from last year's holiday season?

Shoppers peruse at a Von Maur store at the Oxmoor Mall on December 22, 2023 in Louisville, Kentucky. Nearly half of Americans said they still have debt from last year's holiday season. Jon Cherry/Getty Images ...

Are Americans paying off lingering holiday debt in 2023?

That's double the percentage of Americans who were paying off lingering holiday debt in 2023. According to WalletHub's survey, 68% of respondents said Santa will be less generous this year because of inflation. And about a third of respondents said they'll spend less on holiday shopping this year compared with 2023. ...

Do you have a credit card debt during the holidays?

ASMA KHALID, HOST: 'Tis the season for spending and shopping. The holidays might bring joy, but they also bring big credit card bills. Gifts, decorations, entertaining, travel - it all adds up. In fact, about a third of Americans take on debt every year to pay for the holidays. ...

Why do a third of Americans go into debt?

Every year, an estimated third of American adults go into debt to pay for holiday expenses. NPR's Asma Khalid speaks with LendingTree Chief Credit analyst Matt Schulz about why that happens. ASMA KHALID, HOST: 'Tis the season for spending and shopping. The holidays might bring joy, but they also bring big credit card bills. ...