Howdy reddit,
At the moment I discovered (however had suspicion) my mother and father, 66 years previous, are in quite a lot of debt. They’ve numerous accounts maxed out, one has a hoarding/spending drawback however mentioned they might search psychological care. Due to this, they’ve low credit score rating and might’t discover a mortgage to consolidate their debt (Solely checked on-line, will verify with a financial institution asap). Undecided what to do. Ought to I search a finance skilled, and if that’s the case, does anybody have a advice in NYC? Ought to I get a mortgage on their behalf and monitor their spending? Is there any monetary help they will obtain? Any suggestions are very drastically appreciated. If any info I unnoticed I’ll remark and edit the publish. It feels overwhelming for all of us and undecided the place to start out.
