Just 15 percent of Georgians spend more than $1,000 on holiday expenses, while 29 percent spend between $500 and $1,000 and 28 percent spend between $300 and $500.
Nearly three in four Georgians (71 percent) are planning a summer vacation this year, down from 75 percent last year and also down from last year’s national average of 85 percent.
Total loans at credit unions in Georgia grew 12 percent 2015, topping the 11.1 percent growth in 2014, according to Georgia Credit Union Affiliates (GCUA).
Consumers are most concerned with gas mileage and monthly payments when purchasing a vehicle in Georgia, according to a 2015 End-of-Year Consumer Survey conducted by Georgia Credit Union Affiliates.
Lending levels remain strong at credit unions throughout Georgia, and the number of loans in the third quarter increased by 3 percent over the second quarter and 11 percent over the previous 12 months ending in September, Georgia Credit Union Affiliates (GCUA) said.
Nearly half of Georgians (47 percent) make a holiday-related charitable contribution at the end of the year, according to a Mid-Year 2015 Consumer Survey by the Georgia Credit Union Affiliates.
Georgians are moving their money to credit unions to take advantage of lower fees and better interest rates on a range of services, from new and used car loans to savings and checking accounts, according to a new report.
In response to a spate of newly proposed – and now mostly rescinded – fees at banks, more than 14,500 Georgians have switched from a bank to a credit union since Sept. 29, according to newly released data.
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