Personal Loans for Caregivers: When to Borrow for Aging Parent Care—and When Not To

In-home care costs $80,080 yearly. A personal loan can bridge gaps for aging parent care, but only if Medicaid waivers and grants won't cover it first.

In-home care costs $80,080 yearly. A personal loan can bridge gaps for aging parent care, but only if Medicaid waivers and grants won't cover it first.

53 million Americans provide unpaid family care — dual-household caregivers spend $7,242 out of pocket yearly. Here's how to restructure budgets and cut costs.