Many people get tax refunds, and today Reuters reports that a National Retail Federation survey reveals what some will be doing with their refunds:
…According to the survey, which polled 9,027 consumers between February 1 and February 8, only about 10 percent will dedicate a portion of their return to major purchases or a vacation. About 43 percent plan to use it to reduce debt, while about 38 percent see saving it, and more than 25 percent will put the money toward everyday expenses.
So, what are you doing with your refund this year?
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- Where’s Your Refund Going?
- 9th Circuit: Chapter 7 Trustee is Entitled to Debtors’ Tax Credits
- ‘Tis the (Tax) Season
Tags: Credit and Debt