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Your email address will not be published.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

Work From Home, change 2023

10 New Jobs That Pay You Daily (Anyone Can Do This!)

Are you in desperate need of funds? Well, you’re not the only one. With everything…

Read More →
money mistakes boomers make Social Security

Biggest 2025 Changes to Social Security and Medicare

Retirees should expect to see pretty big shifts in 2025, at least as far as…

Read More →
home

7 Reasons Why It’s Better To Rent a Home Than To Own It

Do you prefer to be a homeowner or a renter? This is one of the…

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 →
jobs that earn a lot

19 Jobs Where You Can Earn Over $150,000

Do You Want to Earn Over $150,000? Apply for These 19 Jobs: How would you…

Read More →
risky jobs

5 Risky Jobs Where You Can Earn a Lot of Money

The thing about most dangerous jobs is that the pay often doesn’t come close to…

Read More →
The Great Depression

10 Signs The Great Depression Is Already Happening

An economic depression usually results from a period of economic turmoil based on the country’s…

Read More →
sell your house

Seniors Only: 4 Signs You Must Sell Your House Right NOW

Have you ever wondered if you should sell your house before you retire? A lot…

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 →
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.