Try these remedies for a hangover break

Americans have largely tried to shake off the holiday season and seem focused on a clean slate in 2023.

There’s one problem with this view: This slate isn’t really clean until the holiday debt is paid off, and for many families, that debt isn’t going away anytime soon.

Figure A is new data showing that, on average, more than a third (35%) of adults in the United States took on $1,549 in credit card debt in the last few months of 2022. This data is included in The latest holiday debt survey from Lending Treeis expected to take five months, on average, to be repaid.

Leave a Comment