Loan for pensioners and seniors

The loan can help in an emergency

The loan can help in an emergency

Not every pensioner has the opportunity or the enthusiasm to improve their retirement by work and must rely solely on money from the state. Pensions in the Czech Republic hardly cover the necessary costs and seldom save seniors. When they need to buy medicines, contribute to an operation, or fulfill a lifelong dream, a loan for pensioners from banks and non-banking companies can help out of this hopeless situation.

Bank loan for pensioners with low installments

Bank loan for pensioners with low installments

Pensioners without an entry in the debtors register can apply for a loan to any bank. Their steady income ensures that the loan can be repaid in lower installments, without significantly affecting their budget. They will be guided through the loan process by a bank employee and will answer any questions. As retirees, they do not reach a high amount, but even a smaller loan can improve their standard of living.

Short-term non-bank loan for seniors

Short-term non-bank loan for seniors

If your loan application has been rejected by the bank due to a negative record in the debtors register or for any other reason, you can use a non-bank loan from non-banking companies that you can process over the internet, by telephone or by SMS. Most often, short-term loans up to $ 5,000 with a maturity of 30 days are available to seniors, but for repeated applications, the amount up to $ 10,000, $ 20,000 or $ 30,000 is no exception. In addition, for some companies, the first loan is free for those who try it for the first time.

Loan without conditions

Loan without conditions

While non-bank loans are more remunerated than bank loans, this is offset by benevolent conditions that will make more loan applicants reach the loan. For example, companies tolerate credit registers, are more benevolent in documenting income, and allow for a longer maturity period for a smaller fee.

Payment of money according to your wishes

Usually the loan is sent immediately to the bank account. However, you do not even need an account to pay the money, as some providers also pay cash on hand through their sales representatives or send it by postal order to your address. Before arranging any loan, always think carefully whether you will have the necessary funds at maturity to avoid getting into financial trouble.