Ask Terry Questions Credit card debit for seniors.

Credit card debit for seniors.

By Terry Savage on November 08, 2024 | Credit/Debt

Is there an legitimate program that offers to pay off credit card debts for seniors if earn under $2348 in social security?

Terry Says

No. You need to call the National Foundation for Credit Counseling at 800-388-2227. That will connect you to the nearest local office. If there is a lot of debt, and no hope of repayment, they will help you through the process of bankruptcy. Seniors are a fast-growing category of banruptcies – -because the only have a fixed income.
You might want to read more about that possibility here:
https://www.thebankruptcysite.org/resources/bankruptcy/filing-bankruptcy/should-senior-citizens-file-bankruptcy

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