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Your email address will not be published.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

  • IRS refund Tax Refund Alert: Americans May See a $1,000 Increase in 2026
  • Are You a Homeowner? Here Are 5 Trump Tax Bill Changes That Could Affect You
  • social security The 2026 Schedule of Social Security Offices - What You Need to Know
  • snap Amazon Refund: How Much You Could Receive
  • 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 February 11, 18, and 25?
  • 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!

Newsletter

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

Related Articles

A photograph depicting a senior couple happily relaxing together, symbolizing financial security in retirement.

Your Complete Guide to 2026 Social Security Spousal Benefits

Navigating the world of Social Security can sometimes feel like learning a new language. With…

Read More →
healthcare wealth

Here’s How to Cover Your Healthcare Costs in Retirement in Your 50s

Even if retirement still seems far away in your 40s and 50s, time will pass…

Read More →
money-wasting mistake

8 Money-Wasting Mistakes Retirees Should Avoid

Callin’ all seniors! For a happy retirement, these are the money-wasting mistakes you should avoid!…

Read More →
Financial freedom

These 8 Habits Will Make You Reach Financial Freedom

Whilst every individual’s idea of financial freedom is unique, there are some things that tend…

Read More →
Donald Trump Money Secrets tax plans tariff

12 Money Secrets from Donald Trump

What Are Donald Trump’s Secrets to Financial Success? Key Lessons from His Book ‘How to…

Read More →
credit card

Medical Debt Relief: States That Act vs. States That Don’t

Medical-Debt Relief: Which States Embraced It—and Which Fought It? Medical bills are 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 →
credit card

Have A Credit Card? Here Are 10 Times You Should Use It With Confidence

10 Times When It Would Benefit You To Pay With Your Credit Card: Personal finance…

Read More →
stimulus money by Christmas

Could We See the $2,000 Checks by Christmas?

Will the $2,000 Checks Arrive in Time for Christmas? President Donald Trump has brought 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.