Retail News

Americans to go further into debt to buy Christmas gifts

CNBC 11/19/2019

Roughly 70 percent of adults in the U.S. are feeling stressed about debt heading into the holidays. That may be because these same adults would need nearly $59,000 to get themselves out of debt. That said, Americans plan to spend an average of $1,679 on gifts this year, putting much of that on credit cards.

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