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: It's not easy to make higher payments if you're constrained by a fixed income. But you need to avoid being delinquent with payments, which will exacerbate the problem. If you're falling behind on payments, "you'll be penalized with a payment fee when you ultimately do pay," and the credit card company might also raise your interest rate, Trawinski says. [
Read: Best Cash Back Credit Cards. ] 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. "