Title: How Seniors Can Get Help With Credit Card Debt | US News
Headings: How Seniors Can Get Help With Credit Card Debt
How Seniors Can Get Help With Credit Card Debt
Address debt right away, and live within your means to prevent unforeseen problems.
Is Credit Card Debt an Issue for Senior Citizens?
Why Are More Seniors Using Credit Cards?
How Seniors Can Manage Credit Card Debt
Getting Credit Card Debt Help
Credit Card Debt After Death
How Seniors Can Avoid Using Credit Cards
Planning for a Debt-Free Retirement

Content: Negotiating with companies. If you're facing financial difficulty, it's usually a good idea to reach out to creditors to see if you can adjust the terms of your debt. "Borrowers can contact a credit card company directly and try to negotiate a lower payment," Trawinski says. " In some cases, they will be successful in obtaining that." The key is to deal with the issue right away rather than ignoring it. " The sooner you can address the situation, the better," Trawinski says. Getting Credit Card Debt Help
One of the best ways for senior citizens to address the issue of revolving credit card debt is to work with an accredited credit counseling agency. An expert counselor can help you sort out your finances and possibly work directly with multiple creditors to address your debt. Credit counselors deal with issues such as excess credit card debt every day, says Pete Klipa, senior vice president of creditor relations for the National Foundation for Credit Counseling. With a credit counselor, you can work on a repayment strategy based on your situation, including your age, says Klipa.