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Your email address will not be published.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 *

Latest Posts

  • 5 Costco Products That Cost More Due to Trump’s Tariffs
  • protect your wallet from inflation 6 Bills That Changed After Trump Returned to Office
  • Amazon Are You Eligible For a Refund From Amazon? Find Out Here!
  • social security, income 7 Social Security Benefits That Will Change SOON
  • Risks, Emergency Fund New Bill Could Send $600 Tariff Rebates to Millions (See If You Qualify!)

Related Articles

retirement contributions 2023

Ready to Max Out Your 401(k) in 2023? Here Are The Steps!

Here’s How Much Your 401(k) Might Improve in 2023: A 401(k) account will provide you…

Read More →
side gig

15 Weekend Side Gigs That Pay You Enough for a Week

There are situations when a full-time job isn’t enough to provide the income you need…

Read More →
small business

Great Small Business Ideas For Retirees

Are you thinking of owning a small business? If you always imagined leading your passion…

Read More →
Costco product

11 Popular Products Costco Won’t Sell Anymore This Year

Costco is one of the best and most reliable sources of bulk products. No matter…

Read More →
credit card scams social security

10 Ways to Pay Off Credit Card Debt

Credit card debt is one of the most common financial burdens in the United States,…

Read More →
hidden costs, car insurance, change, social security checks income retire, retire early

Watch Out for These 10 Hidden Costs in Retirement

If you’ve faithfully saved for retirement over the years, it’s wise to sit down and…

Read More →
expenses to say goodbye to Kamala

7 Expenses to Say Goodbye To if Kamala Harris Wins

For better budgeting, these are the expenses to say goodbye to:  Of course, the biggest…

Read More →
income retire stealth

Will You Retire in 2023? Here Are 6 Things You Need to Know!

Many of us are waiting to retire our entire lives. As pleasant as work can…

Read More →
annuity

Is an Annuity a Good Idea if You Don’t Have High Net Worth?

Are Annuities the Right Fit for You? This is often seen as a good way…

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

© 2025 The Money Place. All rights reserved.