Economic conditions are challenging for many these days. Despite recent drops, inflation has remained stubbornly high, and interest rates are even higher, making it hard to access cash and even easier to rack up debt in an emergency.
These types of financial issues can and often do impact everyone. However, they may be particularly difficult for seniors, who are often operating with very limited incomes and tight household budgets.
Fortunately, there are also options for seniors struggling with debt. From debt consolidation loans to filing for bankruptcy, seniors have several paths forward.
Read the full article at: https://www.cbsnews.com/news/which-is-the-best-debt-relief-option-for-seniors-experts-decide/
