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Your email address will not be published.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

veteran financial benefits work

Don’t Miss Out on These 4 Military Veteran Financial Benefits!

Do you know about these veteran financial benefits? Post-service life is not easy, and many…

Read More →
remote job earn an extra $1K, Social Security task

What Social Security Tasks Can I Do Online? (These 12 Ones)

Do you know there are Social Security tasks you can do online? If you’ve ever…

Read More →
Social Security

The Average Social Security Check by Age (2025)

Understanding the typical Social Security check by age can really assist you in refining your…

Read More →
JD Vance

6 Crucial Facts You’ll Want to Know About JD Vance, Donald Trump’s VP Pick

Can JD Vance positively affect our nation? JD Vance’s career can be compared to a…

Read More →
A person sits at a desk reviewing documents related to retirement planning, with a calculator and smartphone visible.

How to Maximize Your Social Security Payout: A 10-Step Checklist

Welcome! Thinking about Social Security can feel like a big task, but it doesn’t have…

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 →
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 →
PayPal

7 PayPal Scams You Could Be Tricked Into

Digital payment systems such as PayPal have become more popular than ever. Even so, they…

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 →
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.