(BPT) - Straight Talk Wireless commissioned its second-annual survey to understand consumer sentiment around tax time and found that 60 percent of survey respondents say they are more in debt than last year and will file their taxes early.
The sooner taxpayers file, the faster they get their refund, which 61 percent say is vital to their household's financial stability. But with consumer debt at a new high*, timing won't be everything as the survey also showed that taxpayers continue to worry the money won't be enough. Find out more here.
*The total household debt of $17.3 trillion entering 2024 is a new high for the U.S. The largest increase in any category was credit card debt, which swelled by 16.6% between Q3 2022 and Q3 2023, the most recent term for which federal data was available.
Survey methodology: This random double-opt-in survey of 2,000 general population Americans was commissioned by Straight Talk Wireless between January 16 and January 21, 2024. It was conducted by market research company OnePoll.
