Holiday spending spikes as credit card debt rises

3,640 views · Published 28 December 2017 · 4:32 · Indexed 1 October 2026

Channel: CBS News · 2017 · News & Politics

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Americans bought more gifts this holiday season. But according to personal finance website WalletHub, the U.S. is expected to end the year with more than $1 trillion dollars in credit card debt. WalletHub analyst Jill Gonzalez joins CBSN to discuss how to get your finances in order as we enter 2018.

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