Many shoppers overspent this holiday season, survey reveals

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Despite the COVID-19 pandemic, a new survey found that some 1 in 3 shoppers overspent during this past holiday season.

A post-holiday survey by WalletHub found that of those who took on debt during the 2021 holiday shopping season, a majority plan to pay it off by the end of January while 43% said it would take longer. Some 20% said that it would take past April to pay off their holiday expenses.

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