Kiplinger

What to Do When You Can’t Pay Holiday Debt

The holidays are behind us; it’s time to take down the tree and stash the decorations, if you haven’t already. One unwelcome leftover that’s harder to put away can be holiday debt. Say you were feeling generous and bought too much; now the debt threatens to consume you. What are your options? 

As you work at paying down  holiday debt, make sure the interest on your credit cards doesn’t slow your progress. You might be tempted to accept a a good idea? It could be, as long as you use it wisely.

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