5 signs you need debt relief before the holidays, according to experts [CBS News]
TransUnion (TRU)
Last transunion earnings: 4/28 06:50 am
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Source: CBS News
month, and record-high credit card interest rates above 23% are squeezing household budgets. The National Retail Federation reports the average American plans to spend $902 on holiday gifts and decorations this year — expenses that often land on credit cards. "The best people suffer the worst holiday debt," says Howard Dvorkin, CPA and chairman of Debt.com. "They overspend not on themselves, but on others. When I [tell] them to stick to a holiday budget, they fear looking cheap to their friends and family." This well-intentioned generosity leads many to start the new year buried in credit card debt To help you avoid a holiday debt hangover, we consulted financial experts about the warning signs that indicate you might need debt relief before adding seasonal expenses. Below, they share red flags that often go unnoticed — and how to address them before they become major problems. Find out what your credit card debt relief options are here 5 signs you need debt relief before the h
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