Credit Card Relief, Debt Consolidation

Senior Citizens See Largest Gain in Credit Card Debt as Recession, Medical Costs Take Toll (Senior Journal)

July 29, 2008 – A survey released yesterday indicates senior citizens may be experiencing by far the worst financial pressures of the recession that began in 2008. The report examined the change in credit card debt in the U.S. among low- and middle-income households and found a dramatic increase – 26 percent – in the amount owed by older Americans.