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Americans Averaged 13-Hundred Bucks In Holiday Debt

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(Undated) — A new survey is revealing people in the U.S. collected a lot of debt during the holidays. A MagnifyMoney poll shows Americans averaged over 13-hundred-dollars in debt during the festive season. That’s a record since that survey started in 2015 when consumers accumulated 986-dollars of debt. A large percentage of participants revealed they were feeling the financial impacts of the coronavirus pandemic.