The share of older Americans with debt has nearly doubled in 30 years, a trend that alarms retirement researchers.
See Also
National Debt Relief Review: How Their Debt Settlement Program WorksHow to Get a Collections Stain Off Your Credit Report - NerdWalletCan a debt collector take my federal benefits, like Social Security or VA payments? | Consumer Financial Protection Bureau8 Ways to Pay Off $30,000 of Credit Card DebtElder debt has been rising fitfully for decades. Among Americans 75 and older, 53% carried debt in 2022, compared with 21% in 1989, according to the federal Survey of Consumer Finances, released this month.
Learn more: Best credit cards of 2023
