Holiday Credit Card Debt Expected To Linger Into Summer For Many Americans

Holiday Credit Card Debt Expected To Linger Into Summer For Many Americans

Seventy percent of Americans using credit cards for holiday shopping will carry balances into 2026. The survey of 2,000 winter holiday celebrants found 35% plan to use credit cards for purchases, but only 17% always pay bills in full. Eighteen percent expect to still be paying holiday debt through June or later. Forty-seven percent reported being surprised by interest costs from past holiday shopping. Despite financial challenges, shoppers maint…