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Oh gee, I dunno.... Christmas?
Do you not have to pay your bills because of Christmas? I've always been expected to.
An amazing number of people don't and stall to January what they should pay now when it's due. I have no such issue, so it doesn't really apply to me personally.
I wonder what the stats are on that, people who delay paying bills until after the holidays.
If the percentages are high, that's a real sad state of affairs.
I'm not finding anything direct on the question in a quick search, but I did find this:
"Americans go into the holiday season facing not just higher prices, but also carrying more debt. Fifty-seven percent of say they have at least some debt going into the holiday shopping season, up 11 points from last year. There was a five-point gain among those who say they have a lot of debt. Among the age groups with the biggest change: 18-34 year-olds, which could reflect a change in the status of their student debt payment."
Why would rent, utility bills, or debt repayments have been postponed?