36% of Americans Took On Holiday Debt | LendingTree

More consumers took on debt this holiday season than last, though the average amount dropped year over year for the first time since this survey began in 2015. 36% of Americans took on holiday debt...Parents with children younger than 18 and millennials were most likely to take on holiday debt, at 54% and 50%, respectively. Both groups borrowed an average of $1,462.

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36% Of Americans Took On Holiday Debt | LendingTree

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36% Of Americans Took On Holiday Debt This Year - NBC News

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Dec 26, 2024 · The average debt is up from $1,028 last year. However, it's still down from $1,549 in 2022, LendingTree found. Higher prices caused by inflation remain an issue for many …

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Lending Tree Says Americans Take On More Holiday Debt Amid …

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The findings showed that only 44% of those who went into debt had planned to do so, with the average debt amount rising to $1,181 from $1,028 in 2023. LendingTree's chief credit analyst …

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36% Of Americans Took On Holiday Debt This Year - MSN

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Those who racked up balances this season took on an average of $1,181 in debt, up from $1,028 in 2023. However, that is still down from $1,549 in 2022, LendingTree found.

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Report: 36% Of Americans Took On Holiday Debt In 2024 - MSN

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Those with holiday debt took on an average of $1,181, LendingTree reported. They were led by led by parents of young children (48%), millennials ages 28 to 43 (42%) and those earning …

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Average Holiday Debt Nears $1,550 | LendingTree

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Dec 27, 2022 · Average Holiday Debt Plummets to $1,028 — Down 34% From 2022 and the Lowest Since 2017 Updated December 26, 2023 According to a LendingTree survey, 34% of …

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Holiday Debt Surge: 36% Of Americans Rack Up $1,181 Average

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4 days ago · This holiday season, 36% of Americans took on debt, with average balances of $1,181, according to LendingTree.To pay down those balances as quickly as possible, these …

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60% Of Parents With Young Kids Dreading Holidays | LendingTree

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Nov 6, 2023 · According to the latest LendingTree survey of 2,000 U.S. consumers, 47% of Americans overall are dreading the holidays this year due to the costs involved. ... Average …

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Nearly Half Of Holiday Gift-Givers Have Overspent | LendingTree

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Dec 2, 2024 · This year, 30% of holiday gift-givers expect to go into debt, according to the latest LendingTree survey of nearly 2,050 U.S. consumers. Not only that, but 46% of those who’ve …

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Americans Are Dreading The Holidays Due To Spending

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Dec 2, 2019 · Consumers will spend an average of $602.65 on winter holiday gifts this year. That number skyrockets to $850.38 among parents with children under 18. ... About a quarter of …

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Average Holiday Spending Expected To Jump 5% | LendingTree

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Nov 2, 2021 · According to Deloitte’s annual holiday retail survey, average holiday spending is expected to jump 5% to $1,463 this year, up from $1,387 in 2020. This year, more than half …

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FAQs about 36% of Americans Took On Holiday Debt | LendingTree Coupon?

Who is most likely to take on debt over the holidays?

Those most likely to take on debt this season include parents of young children, with 48%; millennials ages 28 to 43, with 42%; and individuals who earn $30,000 to $49,999, with 39%, according to LendingTree. Consumers who went into debt over the holidays run the risk of still carrying those balances when next year’s holiday season comes around. ...

Are Americans capping off holiday debt?

36% of Americans took on holiday debt this year — averaging $1,181 — survey finds. These tips can help Many Americans are capping off the holidays with new debt balances. This season, 36% of American consumers took on holiday debt, according to a new survey from LendingTree. ...

How much debt do Americans have this holiday season?

This holiday season, 36% of Americans took on debt, according to LendingTree's 10th annual Holiday Debt Report. The report revealed that 42% of those who incurred debt faced interest rates of 20% or higher. LendingTree surveyed over 2,000 Americans about their Christmas shopping habits and financial management strategies. ...

How much debt does a millennial take on a holiday?

Those with holiday debt took on an average of $1,181, LendingTree reported. They were led by led by parents of young children (48%), millennials ages 28 to 43 (42%) and those earning $30,000 to $49,999 (39%). See the full report. ...

Are You ending the year with Holly Jolly high-interest debt?

Many Americans are ending the year with holly jolly high-interest debt. Of those who took on holiday debt, 65% put purchases on a credit card and 24% on a store card. With that in mind, 42% say the highest interest rate they’re paying is 20.00% or higher. Despite that, two-thirds (67%) won’t try to consolidate their debt. ...

Do you still have debt after the holidays?

Consumers who went into debt over the holidays run the risk of still carrying those balances when next year’s holiday season comes around. Almost half of Americans still have debt from last year’s holidays, WalletHub recently found. Meanwhile, paying down debt is a top financial resolution for 2025, according to a recent Bankrate survey. ...