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 ...

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?

If you're coping with high-interest credit card debt and struggling to find ways to pay it down, it could be worth evaluating your debt relief options. But if you're a senior or older adult reliant ...

Talking about money with family is never easy — especially when it involves debt. Imagine this scenario: Jamie learned his 72-year-old mother had racked up $150,000 in credit card debt. The revelation ...

My husband and I, who are retired, have accumulated about $7,000 in credit card debt over the past few years, paying for medical bills and basic necessities, and need some help paying it off. What can ...

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 ...

The average person retiring this year can expect to spend an average of $172,500 on medical care throughout retirement. Unaffordable medical bills can lead to stress, depression, and other illnesses.

A McPherson bookstore owner is trying to raise roughly $11,000 to pay off the school debt for 41 seniors, ensuring they are able to get tickets for their graduation and a printed copy of their diploma ...

Poverty is on the rise, but only among seniors, according to the U.S. Census Bureau’s annual poverty report. Based on the official measure, which is a simple calculation based on pretax cash income ...