My husband and I, who are retired, have accumulated about $7,000 in credit card debt over the past few years and need some help paying it off. What can you tell us?
My husband and I, who are retired, have accumulated about $7,000 in credit card debt over the past few years and need some help paying it off. What can you tell us?
I’m sorry to hear about your financial woes but know that you’re not alone. Credit card debt has become a big problem in this country for millions of older Americans. According to a recent AARP report, 52 percent of adults ages 50 to 64 have credit card debt, along with 42 percent of those ages 65 to 74.
Rising costs of basic expenses like food, housing, utilities and health care are the main culprits. But now, new tariffs on products…