Upper age limit

Jae71uk

Hi all

Any advice would be much appreciated.

My dad is 74, 75 in February, and finds himself in need of a loan.

My mum is finally getting out of hospital after a year but in a wheelchair so he needs an adapted car.

He owns his own home but will be putting it on the market once they are allocated an adapted council house.

I guess my question is would he be able to get a bank loan (hbos customer most of his life) or is he too old?

Thanks in advance
Jae

peachyprice

Has your father checked out whether they're elligilbe for a car under the motability scheme?

http://www.direct.gov.uk/en/DisabledPeople/MotoringAndTransport/Yourvehicleandlicence/DG_10028000

http://www.motability.co.uk/main.cfm?Type=IDX

Jae71uk

Hi Peachy

Unfortunately they are not eligible as mum as 68, you have to be under 65 and on the higher mobility rate of DLA to qualify.

Thanks for replying
Jae

peachyprice

Sorry to hear that, it's really pants.

margaretclare

DH has sometimes talked about getting a car loan, and he's 74.

I would guess that it depends more on your credit rating than on your age.

PS: Mum should apply for Attendance Allowance, that will help with the costs.

Jae71uk

It sure is pants peachy, you must not be eligible to go out if you become disabled after you turn 65 it seems

Thanks margaret-clare, yeah she will be claiming AA, every little helps as they say

Will just get dad to go to the bank they can only say no

Thanks again
Jae

CLAPTON

Jae71uk wrote: »

It sure is pants peachy, you must not be eligible to go out if you become disabled after you turn 65 it seems

Thanks margaret-clare, yeah she will be claiming AA, every little helps as they say

Will just get dad to go to the bank they can only say no

Thanks again
Jae

what is his income
can he afford to repay the loan

jonesMUFCforever

Age will not come into it - affordability will - they may also put pressure on him to take out a life policy to cover the loan as loan protection will not apply due to his age.