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50 smart ways to pay down your holiday debt—and start the new year right

Mediafeed Logo By Jeanine Skowronski of Mediafeed | Slide 1 of 104: The 2020 holiday shopping season has put many people in the red. Per a recent survey from LendEDU, 63% of Americans said they were taking on a record amount of credit card debt this year — a stat that isn’t surprising, given the havoc the ongoing coronavirus pandemic and subsequent recession have wrought on many people’s financial health. If you find yourself with big balances due in January, there are some steps you can take to expedite eliminating them. Here are 50 ways to pay down holiday debt and start 2021 right.

In the (holiday) red

The 2020 holiday shopping season has put many people in the red. Per a recent survey from LendEDU, 63% of Americans said they were taking on a record amount of credit card debt this year — a stat that isn’t surprising, given the havoc the ongoing coronavirus pandemic and subsequent recession have wrought on many people’s financial health. 

If you find yourself with big balances due in January, there are some steps you can take to expedite eliminating them. Here are 50 ways to pay down holiday debt and start 2021 right.

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