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Holiday Debt Rises Despite Decrease from 2022
A LendingTree survey reveals that 36% of American consumers incurred holiday debt averaging \$1,181 this season, exceeding 2023 but below 2022 levels; higher inflation and unexpected debt impacted consumers, particularly parents, millennials, and those earning \$30,000-\$49,999.
Holiday Debt Rises Despite Decrease from 2022
A LendingTree survey reveals that 36% of American consumers incurred holiday debt averaging \$1,181 this season, exceeding 2023 but below 2022 levels; higher inflation and unexpected debt impacted consumers, particularly parents, millennials, and those earning \$30,000-\$49,999.
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