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Your email address will not be published.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

  • 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!
  • social security, income 7 Social Security Benefits That Will Change SOON

Related Articles

money hacks

10 Money Hacks To Thrive Financially in 2025

Save Smarter, Not Harder: Easy Money Hacks for Your Best Year Yet! We all live…

Read More →
cheaper than florida

Cheaper Than Florida! 5 Gorgeous Places to Retire To

Did you know these amazing retirement places are cheaper than Florida? When it comes to…

Read More →
documents you should shred

9 Documents You Should Shred for Your Safety

Do you know what important documents you should shred?  If you have old documents in…

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 →
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 →
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 →

8 Financial mistakes billionaires won’t make, and neither should you

Do you know how to avoid easy financial mistakes? Many people struggle with money. Today’s…

Read More →
money

10 IMPORTANT Money Rules To Know by Heart Before You’re 60

Some things in life are so difficult to decipher, that it usually takes an entire…

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 →
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

© 2025 The Money Place. All rights reserved.