Make money work for you!

  • Home
  • Personal Finance
  • Budgeting
  • Shopping
  • Taxes

10 Best Debt Relief Programs for Seniors

November 21, 2025 · Personal Finance
Debt Free Lifestyle Habit earn an extra $1K
Photo by Rocketclips, Inc. at Shutterstock

Debt has become an increasingly heavy burden for older Americans. As healthcare expenses rise, retirement savings fall short, and inflation continues to strain fixed incomes, many seniors find themselves struggling with credit card balances, medical bills, personal loans, and even mortgage or tax debt.

According to recent studies, adults over age 60 now carry more than $400 billion in debt collectively — the highest level in history. For many retirees, monthly bills take up most of their Social Security check, leaving little left for essentials like medication, groceries, or utilities.

The good news: There are real options for debt relief that can help seniors reduce payments, lower interest, and regain financial stability. From government assistance to nonprofit programs and lender-based solutions, help is available.

Here are 10 debt relief programs and strategies that can make a major difference if you or a loved one is struggling.

Pages: 1 2 3 4 5 6 7 8 9

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • A happy couple shopping with a full cart at a warehouse club in 2026. Top 10 Sam's Club Deals You Can't Ignore in 2026
  • A couple shopping for high-end deals at a modern warehouse store. 12 Costco Deals Shoppers Are Jumping on for 2026
  • A high-end desk setup with a Social Security card and a gold pen, representing presidential financial benefits. Is Trump on Social Security? A Look at Presidential Benefits
  • A person thoughtfully choosing a card from their wallet at a checkout counter. 5 Places to Avoid Using Your Debit Card and 3 Safe Spots
  • A mature couple looking at a tablet together on a sunny patio, appearing confident about their financial future. Married or Divorced? Don't Miss This Social Security Tip That Could Increase Your Checks
  • A confident woman working on her taxes at a bright, organized home office desk. IRS Alert: 6 Mistakes That Could Inflate Your Tax Bill
  • A woman looks thoughtfully at a tablet in a modern kitchen, representing financial planning for rising costs. Unfortunately, We'll Pay More for These 6 Things in 2026
  • A woman smiling at her phone in a bright living room with a delivery package on the table. The Best Amazon Prime Perks You Should Be Using in 2026
  • A woman smiling at her phone in a bright kitchen, representing the relief of receiving a tax refund. When Will Your 2026 Tax Refund Arrive? IRS Timeline Explained
  • A shopper looking at a grocery checkout screen with the New York City skyline in the background. 10 US Cities Where Grocery Prices Are Highest in 2026

Newsletter

Get money-saving tips and personal finance advice delivered to your inbox.

Related Articles

effects of World War III

5 Economic Effects of World War III

A silhouette watches world maps and falling charts over a city, reflecting the grave economic…

Read More →
low interest rates

15 Tips To Lower Your Interest Rates

A woman reviews documents and makes a call in a cafe, taking proactive steps to…

Read More →
social security, income

7 Social Security Benefits That Will Change SOON

Inflation has become a real problem ever since we had to deal with the pandemic,…

Read More →
prepare for a recession

6 Essential Steps to Prepare for a Recession!

Nowadays, with the rise of inflation and overall financial instability, it might be a good…

Read More →
A senior citizen reviews Medicare documents at a table, with a Medicare card, calendar, and magnifying glass nearby.

An Introduction to Medicare: Parts A, B, C, and D Explained

Navigating the world of healthcare can feel like learning a new language, especially when you…

Read More →
work

Here Are 10 Places Where You Can Work in Retirement

A smiling senior man with a leather messenger bag walks through a modern campus, exploring…

Read More →
Antique Selling Platform

Top 7 Best Antique Selling Platforms to Get the Most Money

Timeless treasures like these leather-bound books and silver pocket watch are perfect candidates for rehoming…

Read More →
No-Spend Challenge

Are There Benefits to a No-Spend Challenge? We’ll Give You 3!

Neatly stacking linens into a wooden drawer is a great way to appreciate your belongings…

Read More →
money mistakes boomers make Social Security

11 Money Mistakes Boomers Make with Their Finances

A concerned senior reviews a past due bill, showing how financial mistakes can impact the…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Explore

  • Subscribe
  • Unsubscribe
  • Newsletter
  • Terms and Conditions
  • Do not sell my personal information
  • Privacy Policy
  • Contact

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2026 The Money Place. All rights reserved.