We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Penisoner personal loan advice

U2fire
U2fire Posts: 29 Forumite
Which lender is best to approach for a personal loan for a Pensioner under 70 for around £4k.
Many Thanks

Comments

  • geoffky
    geoffky Posts: 6,835 Forumite
    depends on income...why anybody aged 70 wants a loan hanging around thier neck is beyond me. try your own bank first..be careful it is a sharks feeding frenzy out in loan world..
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • iolanthe07
    iolanthe07 Posts: 5,493 Forumite
    SAGA or Age Concern may specialise in loans to pensioners.
    I used to think that good grammar is important, but now I know that good wine is importanter.
  • Ilona
    Ilona Posts: 2,449 Forumite
    geoffky wrote: »
    depends on income...why anybody aged 70 wants a loan hanging around thier neck is beyond me. try your own bank first..be careful it is a sharks feeding frenzy out in loan world..
    Yes, I would question why a pensioner wants a loan in the first place, then help them to work out a solution without them going into debt.
    Ilona
    I love skip diving.
    :D
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    Don't forget to take the payment protection cover! ;)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 348.6K Banking & Borrowing
  • 252.2K Reduce Debt & Boost Income
  • 452.5K Spending & Discounts
  • 241.3K Work, Benefits & Business
  • 617.8K Mortgages, Homes & Bills
  • 175.8K Life & Family
  • 254.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.