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Your email address will not be published.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

  • amazon prime, money Here’s How to Get Your Refund From Amazon’s $2.5B FTC Settlement
  • social security, Social Security task Who Will Receive Social Security Payments on January 14, 21, and 28?
  • Holiday Scam 10 Holiday Tax Scams That Turn Your Ho-Ho-Ho Into Oh-No!
  • 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

Related Articles

car insurance rate

Alert! Here’s Why Your Car Insurance Rate Is Rising in 2024!

Have you noticed your car insurance rate going up this year? There’s a lot at…

Read More →
SNAP Benefits

Who Is Eligible for SNAP Benefits in 2025?

As we move further into 2025, the landscape of public assistance programs in the United…

Read More →
disabilities

Living With Disabilities? Here Are 14 Ways to Get Financial Assistance

Tons of adults live with a disability, and the financial needs and constant access to…

Read More →
stimulus checks

Stimulus Checks 2023: Which States Are Still Sending Payments?

The final federal stimulus checks were sent in 2021. However, for more recent economic burdens…

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 →
household bills buffett

Think You’re Too Frugal? You ARE If You’re Doing These 8 Things

Is there such a thing as being too thrifty and frugal? Unfortunately for those of…

Read More →
protect your wallet from inflation

Don’t Let Inflation Drain Your Wallet – Follow These 9 Tips!

Do you know how to protect your wallet from inflation? After the COVID-19 pandemic, it…

Read More →
A woman smiles while holding a check, surrounded by old paperwork and photographs.

Are You Leaving Money on the Table? Unclaimed Pensions and How to Find Yours

Over a long and busy life, it’s easy to lose track of things. You might…

Read More →
Saving Tips

5 Best Retirement Saving Tips for People Under 44 Years Old

Have you ever wondered when the best time is to start saving for retirement? It’s…

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.