The Real Deal: The best time to get rid of debt on credit cards opened during the holidays

More than a third of the U.S. incurred holiday debt this season taking out loans or using buy now pay later plans.

News 12 Staff

Jan 2, 2024, 12:12 PM

Updated 340 days ago

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Did you decide to open a new store or bank credit card this holiday season to rack up points or added discounts?
More than a third of the U.S. incurred holiday debt this season taking out loans or using buy now pay later plans.
However, January may be the month to clean out your wallet and cut the cards.  
News 12 turns to Consumer Reporter Janice Lieberman for The Real Deal on when the best time is to close them out.