Before proceeding with a debt relief solution, seniors stuck in debt in today's economy should first consider the realistic answers to these three questions: Can my current budget pay off what I owe?
Elevated interest rates and high living costs continue to strain retiree budgets as we head into 2026. A recent AARP study ...
Seniors with growing credit card balances have options, but true senior-specific relief is another story entirely.
Credit card interest rates remain high right now, driven up, in part, by the Federal Reserve's rate hikes that occurred in 2022 and 2023. While the increases were aimed at combating inflation, they ...
At the request of the Federal Trade Commission, a federal court has shut down an alleged massive and deceptive debt relief operation accused of targeting seniors and veterans, including disabled and ...
Senior tax debt can feel like a heavy burden, especially when you're on a fixed income. Fortunately, the IRS offers several ways to reduce or even eliminate what you owe. Here is how seniors can use ...
There is not a single federal debt forgiveness program for older adults. However, options such as debt management plans, credit counseling, and debt consolidation loans are available. Debt forgiveness ...
Americans suffer high amounts of consumer debt, primarily revolving credit card debt. In February 2025, the average credit card debt per American was $6,455, up $194 from a year ago. However, that ...
The term "debt relief" or "debt resolution" generally refers to several ways you might restructure debt to make it more affordable. Debt relief options include debt consolidation, debt management, ...
Figuring out how to pay off credit card debt isn’t a new problem, but one option for help is becoming increasingly popular: hiring a debt relief company. These companies — also known as debt ...
LendingTree’s study involved analyzing around 400,000 credit reports of users in July through September for 2024 and 2025, and researchers found that average total debt grew in every state barring ...
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