News 12 Staff

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Jan 2, 2024, 7:12 AM

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Updated

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Did you decide to open a new store or bank credit card this holiday season to rack up points or added discounts?

More than a third of the U.S. incurred holiday debt this season taking out loans or using buy now pay later plans.

However, January may be the month to clean out your wallet and cut the cards.  

News 12 turns to Consumer Reporter Janice Lieberman for The Real Deal on when the best time is to close them out.