← How to Survive the Holiday Debt Hangover

young adult with credit card

By Sheiresa Ngo | Published January 10, 2011 | Full size is 337 × 437 pixels

Pay off your balance. If you used your credit card to make holiday purchases, aim to at least pay off the amount you spent on Christmas gifts sooner rather than later. The longer you take to pay off last year's bills the more interest you pay this year.

Pay off your balance. If you used your credit card to make holiday purchases, aim…