One of the most controversial issues during these last months has been the pensions of Spanish retirees.
It is not surprising since many of the retirees of our country do not manage to reach the end of the month with the pension they have.
Many retirees need additional benefits to get a month off without economic problems.
The issue of retirement credits is something that has been left aside.
Retirees also have trouble getting the money they need.
This is due to the fact that many banking entities do not provide loans to people who are receiving a retirement pension.
If you are a retiree and you need to be borrowed money, enter our section of personal loans and request the loan you need.
What is retirement?
The word retirement comes from joy, it is supposed to be a time in which one is dedicated to enjoying the hard work you have done in recent decades.
Retirement can be achieved when you have sources of income that you do not have to earn by working.
Both ” retirement ” and “financial freedom” are achieved when you have enough savings, investment income or pension income to cover living expenses.
So you will not have to work to earn an income.
How to achieve retirement?
To be able to achieve retirement, it is necessary that from an early age (young) you begin to save, at least save 10% of your income every year.
And if you start at a more advanced age (40 and 50 years) save a greater amount of your income, 50% approximately.
Many people do not want to make the lifestyle changes they would need to save enough to afford a comfortable retirement.
An alternative is to consider part-time retirement, where you will look for a job that you like, even if you earn less.
Ideally, that the job pays enough to cover your living expenses.
While you give your retirement time to continue growing, before having to use it to earn an income.
Financing for retired people
The purpose of the pensions is supposed to be the same, the only thing that the current pensions do not allow the retirees to arrive at the end of the month and much less with jubilation.
Sometimes retirees need to apply for a quick loan and do not know where to turn.
If you are a senior citizen who suffers from a shortage of money, you may have trouble acquiring the right amount of financing through traditional banks.
However, all is not lost, as several lenders are willing to give you the financing you need.
In fact, several financial companies are offering loans and financial solutions at a low-interest rate.
So at the time of borrowing money will be much cheaper.
This means that loans are more affordable for those who are no longer employed full time, and for retirees.
There are times in everyone’s life where we can go through bad financial times, and this usually implies the sudden need for financial assistance.
Next, we will show you the financial products you can access as a retiree:
Mini-credits for retirees
If you’re just looking to borrow a relatively small amount of money, you could consider the mini-credits.
Many lenders have a maximum age to apply for 65 years, so most retirees cannot access them.
Finding the financing products that make it easier for retired people over 65 is something complex, so we have carried out the search for you.
Loans that are available for retirees
There are some different types of personal loans available to you as a retiree.
If you want to hire any of them, you can do it by entering our credit or credit comparison with ASNEF.
Let’s see what these loans are:
Personal loans guaranteed
These loans require that you attach a high-value asset as collateral and, in return, you can borrow the value of that asset as a loan.
Examples of assets include houses, farms, premises, cars, etc.
Unsecured personal loans
In this type of loan, you do not have to attach any asset since it is not guaranteed.
You can use this loan for investment purposes, take a vacation, buy a used car, new or reunify debts.
Loans for cars
If you are looking to buy a new or used car, you can consider a car loan.
These loans offer competitive rates because the car you buy is used as collateral for the loan.
These loans offer you a line of credit, a regular income stream or a single payment when you borrow against the income in your home.
Although traditionally considered as high-risk reverse mortgages, they are now becoming a more conventional debt method.
Do you want to know what is the best financing for a retired person? There are lenders who offer their products to older users who are charging for retirement. Click to tweet
Steps to request a financial product for retirees
Applying for a loan for retirees is something very simple and quick to do.
You just have to follow a few simple steps.
And you will get the money you need to be entered into your bank account in just a few minutes.
To apply for a loan for retirees you must follow the following steps:
- Select one of the credits mentioned above by clicking on the request button.
- A new tab will open in which you must choose the amount you wish to request and the return period. After that, you must click Next or Request.
- A form will appear, which you must fill in with your personal information (Name, surname, date of birth, identity number, etc.). After completing the form you must verify your identity using one of the systems provided for it, just follow the steps indicated by the lender.
- Now you only confirm the offer made by the lender so that the process is completed and the money goes to be entered into your bank account.
And you can already have the necessary money, so simple and fast is to request a loan for retirees.
As a general rule, the money will be in your bank account in about 15 minutes.
Although you should be aware that sometimes it may take longer, even up to 48 hours, this will depend on the bank with which you have your account.
Reaching retirement does not necessarily mean that the credit has ended in your financial life.
It is true that it can be a little harder to find, but fortunately, there are lenders who are willing to offer to finance to people who are already retired.
In today’s article, we have taught you three lenders who are willing to give you this service.
You just have to ask any of them and follow the steps that we have previously taught you.
If you need to request a larger amount, then it is worth looking in our credit comparison.
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You just have to enter and take a look and stay with the one that suits you best.
How you have seen there are many other options available to you, both short-term and long-term.