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The Secret Cost of the Holidays

Saturday Nov 30, 2019
The Secret Cost of the Holidays
  (Source:Getty Images)

A survey of 2,000 Americans who celebrate a winter holiday found that 28 percent have gone into debt during the holiday season.

And those racking up debt will be stuck paying it off through March — or about three months after the holidays.

Conducted by Yelp and commissioned by OnePoll, the survey revealed that respondents plan to spend $972 on holiday-related costs this year, but many will overspend.

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