SOURCE: Total Debt Relief

December 01, 2009 15:17 ET

The Holidays & Credit Cards -- Consumers Need Be Cautious When Gift Shopping, Advises Total Debt Relief

The Holidays Can Be a Time for Family, Friends, Gift-Giving and Avoiding Credit Card Debt

CHICAGO, IL--(Marketwire - December 1, 2009) - With the holidays and holiday shopping season now in full swing, many of us, if not most of us are, have been or will be doing holiday shopping for our family, friends and loved ones. But racking up credit card debt during the holiday season is something consumer advocate says "Ho Ho No!" to.

Sure it feels wonderful to give as well as receive during this special time of year. But one thing most consumers can do without during the current weak economic climate is additional credit card debt. Many are those who spend like there's no tomorrow only to suffer a bad case of sticker shock when the credit card bills come in the inevitable January mail.

According to the National Retail Federation, the average American consumer will spend approximately $682 on gifts during the holidays. There are many wise and helpful shopping tips which consumers can make use of when gift shopping during the holidays so as to avoid a shopping hangover and worse -- credit card debt which can be a real struggle to repay.

If you must shop during the holidays using credit cards, advises using the credit card with the lowest APR (Annual Percentage Rate) and the highest available balance. The strategy is for consumers to only take on an amount of credit card debt which they can easily and reasonably repay. By avoiding taking on too much credit card debt, consumers can preserve their credit score in the process.

Consumers are also advised to continuously and daily if possible search aggressively for the best shopping deals locally in their area and also online. The best deals come and go rapidly so a sharp eye for the best deals is key.

If consumers do find themselves with unmanageable amounts of credit card debt, they should be aware of the various debt relief programs which exist today. These include debt consolidation, consumer credit counseling, as well as debt settlement.

With these tips for the holidays in mind, consumers can make it through relatively unscathed. offers consumers a free debt evaluation which they can take advantage of at the company's website:

Contact Information

  • Contact:

    John Chase
    877-224-2950 x 7016