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Willing2Learn wrote: »Don't know whether or not the link below will help you. It was something I just quickly googled:
https://www.lendingexpert.co.uk/loans/secured/pensioners/
There is also equity release:
https://www.nationwide.co.uk/products/mortgages/borrowing-in-later-life/equity-release
Edit
Saga: What is Equity Release?
The OP has stated that would 'quite like' to replace their car. This does not indicate any desperate need. Therefore a secured loan, unless secured on the car itself, is probably not sensible for a 'would like to' situation. As for equity release, this is the last resort for the desperate and, in all but a very few cases, an awful product.
OP, If buying from a dealer maybe they could secure finance for you against the vehicle itself which is often easier to obtain.0 -
Well I'm 70 (not quite in your league yet) and have been retired for 10 years, and I got a loan earlier this year for a new car from Halifax. Eight grand over five years at 3.5%, which I hope to repay over two or three years.
It was agreed in minutes over the phone."There are not enough superlatives in the English language to describe a 'Princess Coronation' locomotive in full cry. We shall never see their like again". O S Nock0 -
They are not discriminating purely on age. It is on income and your likelihood of dying before the loan is repaid.I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
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Apparently im super human !!
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Most banks lend to people between the ages of 18 and 80, in general, there may of course be exceptions to this, it would depend on the banks own internal policies.
If your a homeowner, you may want to consider equity release, or a home reversion plan, obviously it would depend on your circumstances.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0
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