November 28, 2018

20 Truths About Holidays and Debt You Need to Know Right Now

Consumer counselling agencies see a 25% increase after the holidays

Credit counselling agencies thrive on Christmas debts. ABC News reports that they see a 25 per cent increase in clients after consumers begin looking at their credit card statements. The post-holiday spending hangover can put a lot of people into precarious financial situations, as it becomes much more difficult to make those minimum payments.

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