Edge: Holiday Hazards for Credit Card Users

AFFIL appeared in this article on November 20, 2008

Even in the midst of our nation’s current economic slump, the average consumer is projected to spend $832 during this year’s holiday season.

Many shoppers will use credit or debit cards to make purchases, while others will consider rent-to-own stores or layaway plans.  Whatever the choice, Americans for Fairness in Lending, a non-profit organization working to end predatory lending practices and provide helpful information to consumers, suggests the following tips for avoiding the post-holiday financial hangover.

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