Try to repay your debts before retiring
So you can take full advantage when the time comes. Keep in mind that retirement also usually means a decrease in income!
Consolidate all your debts into one
This is a good solution for everyone since it makes it easier to manage your repayments.
Leverage the value of your home
To get a lower interest rate. If you've paid off your mortgage already, talk to your financial advisor; you may still be able to get a secured loan against the value of your home.
Use your credit tools wisely
And be wary of the credit cards offered by major chains: their interest rates are often higher than average.
Plan your retirement
If you haven't already. Meet with a professional, who will determine whether your retirement income will be sufficient to pay your debts and give you the standard of living you want. They can also give you guidance on your savings and credit. It has been shown that meeting with a financial advisor can improve your financial situation in every phase of your life.