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January 13, 2020

Time to tackle credit card debt from the holidays

By KEN SWEET
AP Business Writer

iStock image
Credit card balances typically shoot up in December, soon to be followed by a noticeable tick-up in credit card delinquencies in January and February.

NEW YORK — The children are playing with their gifts, the new TV is up on the wall, and that puppy has a brand-new cashmere-lined bed, when another gift arrives in the mail. This one isn't from Santa. It's your statement from your friendly credit card company. They want to know how you're gonna pay for all this.


 
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