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Worried about my parents
mitchtech
Posts: 5 Forumite
Hi People,
my parents health (both retired) is beginning to suffer as a result of them bieng in debt over the legacy of multiple credit cards and minimum payments.
they have around £20k of debt spread across two or three cards wich is eating nearly all of there pensions up!
they own the house that they live in (paid for) but need somewhere to live so don't wish to move house.
Any suggestions? as all that i can think of requires a new form of credit that they now can't get as they are both retired.
Kind Regards,
Mitch
my parents health (both retired) is beginning to suffer as a result of them bieng in debt over the legacy of multiple credit cards and minimum payments.
they have around £20k of debt spread across two or three cards wich is eating nearly all of there pensions up!
they own the house that they live in (paid for) but need somewhere to live so don't wish to move house.
Any suggestions? as all that i can think of requires a new form of credit that they now can't get as they are both retired.
Kind Regards,
Mitch
0
Comments
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Have they thought of downsizing? And being retired doesn't stop you getting credit, but I honestly hate the thought of advising people that age to get more/new credit
DFW Nerd #025DFW no more! Officially debt free 2017 - now joining the MFW's!
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