The holidays can be a stressful time for consumers — and an important time for lenders to anticipate the aftermath of big credit card spending. According to our recent study with Edelman Intelligence:
- 56% of respondents said holiday shopping puts a strain on their finances.
- 43% said the stress of holiday shopping makes it difficult to enjoy the season.
With the holiday shopping season over, those hefty credit card statements are coming soon. Now is the time for lenders to prepare for the January and February consolidations.
