Retirees are facing financial strain as credit-card debt spikes

More retirees are carrying credit card balances they’ll struggle to pay off.

Topics

Credit card debt among retirees jumps — 'It's alarming,' researcher says

There's been a significant increase in the share of retirees with credit card debt since 2022, according to the Employee Benefit Research Institute.
Business - CNBC - November 11
Is it ever OK to ignore credit card debt collectors?

It can be tempting to ignore debt collectors' aggressive tactics, but it's generally not the best approach to take.
Top stories - CBS News - November 4
Can credit card debt in collections be forgiven?

There are lots of ways to deal with credit card debt that's in collections — but is debt forgiveness one of them?
Top stories - CBS News - November 7
5 hidden costs of carrying credit card debt

These hidden costs are just as damaging — if not more so — than credit card interest and fees.
Top stories - CBS News - November 22
Who qualifies for a credit card debt consolidation program?

While debt consolidation programs can offer relief from high-rate card debt, not everyone is eligible to enroll.
Top stories - CBS News - 2 days ago
Will debt collectors sue over a $3,000 credit card debt?

A $3,000 credit card debt may seem minor, but some debt collectors could still aggressively pursue it. Here's why.
Top stories - CBS News - November 5
How to get rid of credit card debt without ruining your credit

You don't have to sacrifice your credit score to get rid of credit card debt. There are lots of routes to consider.
Top stories - CBS News - November 11
Will enrolling in a credit card debt management program hurt your credit?

Certain debt relief strategies can have a negative impact on your credit — but is debt management one of them?
Top stories - CBS News - November 19
Will my credit score drop if I pay a credit card debt collector?

Paying off an old debt could have an impact on your credit score — but not always in the way you'd think.
Top stories - CBS News - November 21

Retirees are facing financial strain as credit-card debt spikes

Topics

Related

Credit card debt among retirees jumps — 'It's alarming,' researcher says

Is it ever OK to ignore credit card debt collectors?

Can credit card debt in collections be forgiven?

5 hidden costs of carrying credit card debt

Who qualifies for a credit card debt consolidation program?

Will debt collectors sue over a $3,000 credit card debt?

How to get rid of credit card debt without ruining your credit

Will enrolling in a credit card debt management program hurt your credit?

Will my credit score drop if I pay a credit card debt collector?

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