"Expert advice: Escape holiday debt and reduce credit card interest rates"
Approximately 25% of Americans are still paying off holiday debt from last year, and with higher interest rates, it's becoming more expensive to pay down credit card debt. To avoid piling on more debt during the holidays, experts suggest making a list and sticking to a budget, utilizing credit card rewards wisely, and communicating with family and friends about budget constraints. It's important to remember that the season of giving doesn't have to mean spending a lot of money.