Planning to use credit to cover your holiday expenses? Watch out. Last holiday season, plenty of Americans dug themselves into gift-giving trouble with an average debt of $1,054. And roughly half of those consumers anticipate that they’ll be paying off their balance — with interest — beyond Easter!
Megan Nye is a personal finance freelance writer who crafts content for businesses, blogs, and publications. Her articles transform even complex money matters into easy-to-understand and actionable information. Ms. Nye’s writing has been featured by Business Insider, U.S. News & World Report, Credit Karma, Citi, Wells Fargo, Lending Tree, and Northwestern Mutual.