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Your email address will not be published.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

  • 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
  • Amazon Are You Eligible For a Refund From Amazon? Find Out Here!

Related Articles

summer road trips, frugal summer

Frugal Summer? See the 9 Tips for Summer Road Trips

Do you like to drive? Check out the best tips for summer road trips:  Road…

Read More →
cheapest gas

Where to Find the Cheapest Gas in the US! Top 6 States

Do you know where to find the cheapest gas in the US? These are 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 →
moving

You Need to Know About These 8 Fantastic Low-Income Moving Assistance Programs

When was the last time you moved? Moving can easily become a stressful experience for…

Read More →
Make Money While You Sleep

15 Ways to Make Money While You Sleep

Can You Imagine Waking Up and Finding a Chunk of Money in Your Bank Account?…

Read More →
work

No Tech Skills? These 10 Remote Jobs Are Perfect for You

When you think about digital nomads, you most likely picture a programmer or web developer…

Read More →
social security financial

7 Financial Rules to Follow if You Move Overseas

Whether you’re deciding to move or even retire overseas, you still need to have your…

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 →
small towns to retire in

5 Amazing Small Towns to Retire In for Only $2,300 a Month

Have you ever considered small towns to retire into when you reach your golden age?…

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.