Loan applications for the elderly have increased in recent years, primarily due to current inflationary processes. Although financial companies or lending companies refused to issue adult loans a few years ago, it has changed completely.
In addition, technological advances have allowed several companies to offer their services virtually. Stay with us so that we may inform you more about the options available in loans for the elderly.
Best loans for the elderly with an online application
If you have decided to apply for your loan for the elderly and prefer to do it online, we will show you some of the best options available. Take a pen and paper and write them down.
Finance 24
It is an online loan rated 7 out of 10. The amount of money you can request is 100 to 5000 euros, with 6 to 60 months of financing. You can access your offer in 2 minutes by completing the form online. The requested money will be immediately in your bank account.
Lendo.es
It has a rating of 8.4 out of 10 (very good). You can request a loan from 500 to 30,000 euros, and you will have a fixed fee for12 to 84 months. The exciting news is that it does not require much paperwork, and you can get your deposit online within 24 hours.
Fintonic
With a customer score of 5.7 and a medium level of popularity, this financial institution offers its users a loan from 1,000 to 50,000 euros. The payments can vary in installments that last from 12 to 84 months. It does not require a lot of paperwork, the procedure is digital, and the money will be in your account in less than 24 hours.
Microcredits
It has one of the best scores (8.3 -very good-), its approval is instant, and you can request from 50 to 2,000 euros. The loan discount installments have a duration of 61 to 90 days; after that period, you can ask for a more significant amount.
Casheddy
Without a doubt, with the best score (8.7-very good-), we highly recommend this loan for the elderly. You can request it from 100 to 1500 euros and return it within 91 to 120 days. There are no charges for the service, and ASNEF accepts its terms. You will have your loan in 15 minutes.
Trustpilot
It has a good rating (5 points) and popularity of 6.7 points (medium level). This virtual loan will rate your solvency and, based on it, will show the different offers and available installments.
Sofkredit
It has a good score (at 6.2%) and offers you various options in just 2 minutes. You can request between 5,000 to 50,000 euros, and the payment period may differ from 12 to 84 months. You will have an answer within 48 hours, and it also accepts ASNEF.
Bank Norwegian
A score of 8.2 (excellent) allows you to request an amount ranging from 500 to 50,000 euros, and the return period is between 6 and 120 months. You will not need guarantees or endorsements, which are 100% online. You can enjoy your money immediately in your bank account.
Finteres
This new product has a quick evaluation, it is not rated yet, but many people have already chosen it. It allows a credit from 100 to 10,000 euros, and the return period ranges from 3 to 72 months. It is an instant loan and 100% online.
Oney
This loan has a rating of 5.3 (good). It is straightforward to make, with a delay of fewer than 4 minutes. You can request it from 3,000 to 35,000 euros, and the return period will be between 12 to 84 months. You can enjoy your loan for the elderly immediately.
Crezu
With an approval process of only about 14 minutes and a rating of 6.5 (good), you can solicit a loan from 100 to 10,000 euros in a return period that ranges from 61 to 90 days.
You will be able to complete your application entirely online, and you will have your money in your account in a few hours.
Mrfinan
This possibility is entirely online and has a user rating of 7.9 (good). Your money will be available in a few hours. You can request a credit from 100 to 50,000 euros and return the capital between 61 to 730 days.
Bank loans for pensioners and retirees
Online banks offer other options to consider if you want to acquire loans for the elderly. What is a loan for pensioners? It is a type of loan offered to those who receive a pension (orphans, retirees, widowers, etc.)
The banks will consider some relevant factors, such as applicant age (the age limit is 75 years).In addition, they will check other possible issues, such as the state of health of the applicant and their financial solvency state.
Requirements for the application of the loan for pensioners
If you are going to request a loan from a bank and you are a pensioner, you must comply with the following:
- Valid DNI.
- Be of legal age.
- A permanent or regular income source.
- Justify the reasons why you will request the loan.
- If you are over 75, you must have a guarantee.
- Certified copy of the last income statement you have.
- A valid bank account to deposit the money.
- Proof of your latest movements in the bank account.
- Have no debts nor be referred on a list of defaulters.
The quick loan from BBVA
You will be able to consider the loan offered by BBVA since it is processed virtually and in an agile and fast way.
Furthermore, you will not be asked for documentation since your data is registered in the system if you operate with a bank account. You can request up to 20,000 euros, and it offers payment plans that adapt to your needs.
Another option available is the Personal Online Loan that you can request on the bank’s website for up to 75,000 euros. What are you waiting for to acquire your loans for the elderly? We hope our post has served you well, and enjoy your retirement money!!
