A new analysis conducted by WalletHub shows which retailers are offering the best discounts for this year’s Black Friday.
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Tag: Holiday Shopping
Many U.S. Shoppers Racked Up Debt This Holiday Season
Many U.S. consumers racked up debt this holiday season, and most of them won’t be able to pay it off immediately, according to a report published Wednesday.
Around 36% of consumers went into debt, spending on presents, plane tickets and decorations, owing an average of $1,249, up from 31% in 2020, according to a report by LendingTree. Despite the percentage of holiday borrowers increasing in 2021, the average amount of spending dropped by 10% from 2020.
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