Hello Users,Please do us a favor,if you like or hate a video,please take the time to rate it!We also welcome your comments to these videos as as well.Thanks for visiting!
- UnReal Politics
- CommonSense TV-sponsored by speakyourmind.group
- Conspiracy Theory or Fact?
- Uncensorednews.observer TV
- LOL TV
- Censura.link TV
- Money Talks
- Non-profits & Activism News
- Not your usual Talk Show
- Meet our Latinx Community-Watch us too on latinx.cyou
- Real Life Documentaries
- Real Life Stories
- Findajob.business TV
- Historical Moments TV-Sponsored by bizwhiz.store
- Meet your International Neighbor
- Yummy Food Alerts-Sponsored by FreshCrate.Club TV
- Critical Thinker Updates
- Critical Thinker TV
- Indie Short Films
- LandOwnerTV-Sponsored by eklick.net
- Censorship Sucks
- LibertyMindedLinks.com TV
- Everything Else
- Prepping 101
- Patriot Music Videos
- Civics 101-Get to know your government
- DIYTV-Sponsored by libertad.video
- Dead Broke Uncle Sam
- Menticide-TV sponsored by naturalremediestv.com
- Mass Psychosis
- Know Your Rights
- Know Your Rights
- Must See Movies & Documentaries-Sponsored by moviestore.website/
- Instantmoney.business TV
- Crazy Shit Happening
- Side Hustle TV
- The Over 50 Crowd
- The best of SoyLatino.vip
- Real America-Sponsored by naturalremediestv.com
Affordable Transportation for Seniors: Stop Making Car Payments!
When seniors transition from working to fixed incomes, they are often saddled with high car payments that they no longer can afford to make. In this video, Attorney Eric Olsen explains why low-income seniors should stop making car payments and consider affordable transportation options for seniors instead.
0:00 Introduction to Attorney Eric Olsen and Affordable Transportation for Seniors
1:40 What seniors can do if their car payment is too high
3:00 Why it’s OK for seniors to stop making car payments and let the car be repossessed
5:07 Why stopping car payments is different for seniors on a fixed income than young workers
6:06 How to buy a car for cash
9:26 You could stop making car payments and keep it for a few months to save up to buy another car with cash
10:49 Other affordable transportation options for seniors
12:28 Affordable transportation options for seniors who have their driver’s license suspended
13:22 Seniors should realize they have the option to stop making car payments
14:18 How HELPS Non-profit Law Firm could help you with your financial issues
Attorney Eric Olsen, Executive Director of the HELPS Non-profit Law Firm, explains why seniors could stop making car payments if they are too high. The former bankruptcy attorney details why seniors can stop making high car payments, unlike younger workers, as their income is protected by federal law.
Olsen walks viewers through the repossession process, and what repo men are and aren't allowed to do. He even lays out how you could stop paying for a few months to help you save up enough to buy a cheaper car.
The lawyer lays out how to buy a used car for cash, which can also lower your car insurance bills. He details affordable transportation options for seniors including Uber, Lyft, and taxis. Taking a taxi to the grocery store may seem like a luxury, but it could save you hundreds of dollars a month over making regular car payments. By getting groceries delivered, seniors could save even more money.
Finally, the Founder of the HELPS Non-profit Law Firm describes how HELPS can help you at little or no cost, including keeping debt collectors at bay.
Jeff Hoyt is SeniorLiving.org’s Editor-in-Chief.
For more on why seniors shouldn't worry about old debts, watch https://www.youtube.com/watch?v=FDlyud-vG90
For how to deal with debt collectors, watch https://www.youtube.com/watch?v=b7Xg5O0dJAY
To learn how seniors can avoid paying taxes, watch https://www.youtube.com/watch?v=xv7Om8SAIAM
To learn when Seniors should consider Bankruptcy, watch https://www.youtube.com/watch?v=Iu0fy8JujGo
Subscribe to SeniorLiving.org on YouTube:
For more transportation tips for seniors: seniorliving.org/transportation/
For more financial tips for seniors: https://www.seniorliving.org/finance/
If you're interested in joining the hundreds of thousands of families who've found senior living communities on SeniorLiving.org, read the reviews on our website: https://www.seniorliving.org/housing/
To contact the HELPS Nonprofit Law Firm, call 1-855-435-7787 or visit helpsishere.org.
Like to save money? Please watch: "The Best Senior Citizen Discounts"