Did you run up
some debts over the holidays?
But if your credit score drops for one of many other reasons — such as racking up
debt over the holidays, opening several new credit accounts or making other similar credit mistakes — you can take concrete steps to raise your score up again.
Use the following tips to avoid wracking up credit card
debt over the holidays.
But if your credit score drops for one of many other reasons — such as racking up revolving credit
debt over the holidays, opening several new credit card accounts or making other mistakes — you can take these steps to improve it.
Not exact matches
An individual making just the minimum payments on their 2016
holiday debt of $ 936 would be charged $ 233
over two years.
Getting into unmanageable amounts of
debt doesn't just happen because you spend too much
over the
holidays.
Canadian households were already stretched before the
holidays, with the pace of
debt growth far outstripping wages
over the last decade or so.
-LSB-...] a one - week hiatus
over the
holidays when we wrote about a lighter topic (dealing with
debt, booze, and cigarettes, go figure), let's return to the safe withdrawal rate topic.
Don't get stressed out
over holiday debt, relief is available and is a phone call away.
This can be exciting — or it can be stressful if you are still struggling with credit card
debt left
over from last year's
holiday season.
So you've at last got enough extra cash to throw more than the monthly minimum payment at the credit card
debt you built up
over the
holidays.
This
holiday season, prioritize paying down your
debt over paying for Christmas gifts.
If you're struggling with
holiday debt and tired of forking
over hefty interest payments, a balance transfer card could help.
That's well
over a year to pay down your
holiday debt without forking
over a dime in interest payments.
See related: Best ways to earn, redeem rewards points
over the
holidays, 5 things to do now to avoid
holiday debt
The National
Debt Helpline (1800 007 007) will continue to operate
over this period (excluding public
holidays).