A Senior Financial Relief Initiative

Breaking the Cycle of High-Interest Debt for Seniors

Bridge to Stability is a nonprofit program providing low-interest debt consolidation loans and financial education to seniors aged 65 and older — restoring dignity and security on fixed incomes.

Learn How It Works ↓
The Problem

America's Seniors Are Facing a Silent Financial Crisis

More than 88% of adults aged 65 and older carry at least one credit card. With average APRs at 21%+ in 2026, fixed-income seniors are trapped in minimum-payment cycles they cannot escape — while no purpose-built nonprofit lending program has existed to help them.

88%
of seniors 65+ carry at least one credit card
$7,720
average credit card balance for seniors ages 65–74
21%+
average credit card APR trapping seniors in debt cycles
The Solution

A Three-Part Approach to Lasting Stability

💳
Step 1

Low-Interest Consolidation Loan

Loans up to $10,000 at ~9.6% APR (SOFR + 6%), disbursed directly to creditors — saving borrowers 11–13 percentage points vs. typical credit card rates.

📚
Step 2

Mandatory Financial Education

Completed through NFCC-certified counseling providers before loan disbursement, ensuring participants build lasting money-management skills.

🤝
Step 3

Ongoing Case Management

Personalized support throughout the loan term to monitor repayment, address challenges, and prevent future debt accumulation.

Rate Comparison

The Difference a Lower Rate Makes

The gap between what seniors currently pay and what Bridge to Stability charges is the heart of the program's value. On an average balance of $7,500, borrowers can save $1,200–$4,500 over the loan term.

Payday / Predatory Loans
200%+
200%+
Store / Retail Cards
Up to 34.5%
34.5%
Typical Credit Cards
21–22%
21–22%
Bridge to Stability
~9.6%
~9.6%
Borrowers save an estimated $1,200–$4,500 in interest over the loan term on an average $7,500 balance
Program Details

Program At a Glance

Organization Type501(c)(3) Nonprofit Corporation
Target PopulationSeniors age 65+, on fixed income
Loan Maximum$10,000 per borrower
Loan Interest RateSOFR + 6% (currently ~9.6% vs. 21%+ credit card APR)
Loan Terms24 or 36 months
Disbursement MethodDirect payment to creditors — borrower never receives cash
Repayment MethodAutomatic ACH from borrower's bank account
Prepayment PenaltyNone
Funding Source (Loans)Impact investors / socially responsible capital
Funding Source (Operations)Grants, donations, and 3% operating spread
Year 1 Borrower Target50 seniors
3-Year Loan Portfolio Target$3.0 million
Who Qualifies

Eligibility & What Can Be Consolidated

✅ Who Is Eligible

  • Age 65 or older at time of application
  • Receiving fixed income: Social Security, SSI, pension, annuity, or disability
  • Carrying high-interest credit card or personal loan debt
  • Has a verifiable bank account in our service area
  • Willing to enroll in financial education and automatic payment

✅ What Can Be Consolidated

  • Credit card balances (Visa, Mastercard, Amex, Discover, retail/store cards)
  • High-interest personal loans from banks or finance companies
  • Medical debt assigned to third-party collection
  • Payday and installment loans from licensed lenders

✗ What Cannot Be Consolidated

  • Mortgage or home equity debt
  • Student loans
  • Tax liens or government judgments
  • Debt incurred through fraud or financial exploitation

🤝 Referral Partners

  • NFCC member agencies and credit counselors
  • AARP Foundation programs
  • Area Agencies on Aging
  • Community health centers and hospital social workers
  • Faith communities and senior centers
"A nation where every senior citizen is free from the crushing weight of predatory high-interest debt and equipped with the knowledge to remain financially secure for the rest of their lives."
Bridge to Stability — Vision Statement

Get Involved

Whether you're a senior in need of relief, a potential impact investor, a referral partner, or a grant-making organization — we'd love to hear from you.

✉ Contact Us