Essence Magazine:
Woman buying Christmas presents on the Internet By Ronny Maye ·Updated December 11, 2025 Getting your Trinity Audio player ready…
The holiday season is >holiday debt,” averaging $1,181 in new balances—mostly on credit cards (65%) and store cards (24%). Parents with young children were hit hardest, with nearly half (about 48%) going into debt, followed by Millennials and Gen X consumers. There’s also an uptick in deferred payment options like
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