Pensioners do not belong to the wealthiest social groups in Poland. Old age or disability is often associated with limited income, and at the same time considerable expenses related not only to daily household maintenance, but also to treatment and medicines. So it happens that people who earn an income from a pension or have no savings face serious expenses. The only option is to take out a loan if the family cannot offer adequate financial support. Is a loan for old-age and disability pensioners possible in a traditional bank? How does the loan best meet the needs of this social group?
Is a loan for old- age and disability pensioners possible in a traditional bank?
Banks approach their clients quite restrictively, often requiring them to provide many documents. Retirees with relatively low income are often no exception. This last factor practically determines that pensioners in most cases are deprived of the chance to get a bank loan. An additional problem is the fact that crisis situations usually happen quite unexpectedly and the decision-making process in the bank would take too long.
What loan meets the needs of retirees and pensioners?
A loan for old-age and disability pensioners should meet at least several conditions. First, it must be widely available so that most representatives of this somewhat discriminated group can receive it. Not very high, but stable income in the form of a pension should be enough to successfully apply for a loan. In addition, especially in the case of sick or elderly people, the way in which a potential customer can apply for a loan is important. Preferably, this will be done remotely, but the consumer will be able to count on the support of an advisor. For these reasons, the loan for retirees and pensioners is offered primarily by loan companies from outside the banking sector.
A loan for pensioners available
At The Savers and the Lenders we have prepared an interesting financial offer for people receiving a pension or being elderly and in need of extra cash. Senior Ratka is a loan for pensioners that meets all the conditions mentioned above. To receive it, simply contact us by phone at the number provided on the website. The client will connect with the consultant acting as a professional advisor. Inference, preceded by a short interview, is done entirely by phone. The decision to grant a loan is sent via SMS. The customer obtains the necessary information to collect cash at the post office or post office. The sum that can be borrowed under Senior Installments is from 300 to 2000 PLN. The benefit is a flexible repayment period – the customer can spread it over 24 months.