43% of Older Households Face Higher Debt Costs as Fed Moves to Raise Interest Rates

Washington, DC) – The cost of borrowing will be getting more expensive for about 43 percent of older households who carry debt on consumer credit cards, according to a new survey by The Senior Citizens League (TSCL). “Credit card debt in retirement can quickly get out of hand, and this is especially true during periods … Continue reading 43% of Older Households Face Higher Debt Costs as Fed Moves to Raise Interest Rates