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Latest Debt News

Not All Income Is Created Equal

Image source: richhabits.net One of the common characteristics of self-made millionaires is that they generate income from multiple sources. In…

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6 Property Tax Surprises Hitting Retirees During Winter Assessments

Image Source: Shutterstock Property tax assessments conducted in winter often catch retirees off guard. Local governments use these assessments to…

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6 Long-Term Care Rate Increases Hidden in Winter Renewal Contracts

Image Source: Shutterstock Winter is a critical season for long-term care insurance renewals. Many retirees receive updated contracts at the…

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Banks Are Tightening Lending Standards Again, and Older Borrowers Are Feeling It

Image Source: Shutterstock Banks across the country are tightening lending standards in response to economic uncertainty. Rising interest rates, inflationary…

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12 Estate Planning Mistakes Families Discover Too Late in January

Image Source: Shutterstock January is a month when families begin reviewing finances, taxes, and legal documents. It is also when…

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9 New Hospital Billing Codes Seniors Will Start Seeing This Winter

Image Source: Shutterstock Hospitals and insurers rely on billing codes to classify medical services, treatments, and procedures. These codes determine…

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New Energy Rebate Programs Are Opening Up Just in Time for Heating Bills

Image Source: Shutterstock Winter heating bills are climbing as energy prices remain volatile. For retirees living on fixed incomes, the…

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The Housing Market Slowdown Is Changing Downsizing Plans for Boomers

Image Source: Shutterstock The housing market is experiencing a slowdown driven by higher mortgage rates, inflation, and cautious buyers. Home…

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Medicare Part B Premium Drafts Are Spiking for Many Fixed-Income Seniors

Image Source: Shutterstock Medicare Part B premiums are increasing in January, reflecting higher healthcare costs and adjustments in program funding.…

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A New Credit Score Model Could Help—or Hurt—Older Applicants

Image Source: Shutterstock Credit score models are periodically updated to reflect new data and lending practices. The latest model emphasizes…

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