For ordinary people, asking for a loan can be a simple task if the system is known. The requirements, commonly, usually have to do with a stable employment and a sufficient economic income to cover the expenses. But, those who are retired can find themselves with more complications. This occurs because not all entities issue loans to retirees or pensioners and, if you are in this category, you must invest a little more time to analyze your options. However, you should not worry because we will provide you with information about and its loans for retirees .
Are there loans for retirees ? Which are the requirements?
Fortunately, this entity recognizes that both those who are in active employment and those who have already retired, may need financial help to pay for an expense, either because of basic need or simply to indulge. For this, includes retirees within the group of applicants eligible to receive a loan in order to help them with that objective. If you can present the documents you will see below, you will be able to apply for your loan. Regarding retirees, the extra requirement is that the age does not exceed 75 years . The documents you must present are:
- National identity document.
- Service or tax in your name to verify your address.
- Last month’s salary receipt.
Can I use a loan from to buy a car if I am retired?
Of course! This question is very common among those who are analyzing asking for a loan. For this reason, I want to clarify that once you receive the money, you can use it for the purpose you want. Probably, in the course of the operation you will be asked about the destination of the money and that will influence the amount and terms of the loan, but, in order to remain calm, the positive thing is that the loan will be adapted to your ability to pay it. This will prevent you from ending up with an impossible debt to cancel that causes you worries that are not worth creating.
How to use a retirement loan simulator?
The key to getting the best loan is to get a little ahead of the situation. How? We will explain it here: when opting for one or another company, you should pay attention to the charges they charge you. Due to the fact that both the interest rate and administrative expenses are stipulated by the company, the total financial cost will vary according to who decides to take out the credit. Calculating that financial cost can be complicated so making use of a loan simulator will be a great help for you. Just enter the simulator of the bank and select the terms you would like for your loan to see the estimate of what you will have to pay for the service.
How do I get a loan with ? Can I order online if I am retired?
One of the most outstanding advantages of is that you can not only get your loan online, but the process has only 3 steps. It will start with a form to be completed with some of your basic personal data, such as document number, gender, email. Once they verify these fields, the form to be completed will follow with information about their working condition. Here, will need more personal information (name, location, telephone) and details about your employee status where you must specify, for example, that you are retired, start and end date and how much you charge for your retirement. Finally, with these data the company will study your situation to approve or not the request.
Let’s briefly review the three stages to apply for your loan online:
Stage 1 : complete with your personal information.
Stage 2 : complete with information about your work situation.
Stage 3 : receive the company’s response on the approval of your loan.
How much can I borrow with if I am retired?
All banks or financial institutions that offer loans have specified the minimum and maximum amounts of silver to be requested. In the case of , the amount depends entirely on the income received by the potential client. That is, they will compute the information of their income in the last six months, in order to agree on the amount they can access. This is usually taken as a negative point by customers but, in fact, it can be very useful to stay within the parameters that can be paid. Instead of getting into debt with a sum of money that will be difficult for you to repay, you can keep yourself safe with an amount that helps you with your finances and does not cause big problems with fees.
Can I get a loan if I am a non-contributory pensioner? What are my options?
Another sector that may encounter difficulty when requesting a loan is that of non-contributory pensioners, since their income is usually below the minimum. Briefly, we will review the requirements and terms offered by this alternative.
The requirements for this credit are:
- Live in Argentina
- Be at least 18 years old and up to 60 years old when the loan ends.
- Show your ID.
- Have your own bank account
- Present the corresponding medical certificate in case of disability.
To have a clearer idea of the terms , review this list:
- The fees to pay can range from 2 years to 5.
- It is not possible that the fee to pay exceeds 30% of your monthly income.
- You will receive the money through your bank account within five business days.
- ANSES also offers an online simulator.
- You can check your credit online a bird that obtains it.
After working so many years, you have the right to enjoy life. It is time to stop doubting and encourage yourself to fulfill that outstanding account that was left. Now he knows that it is possible to get help to achieve any goal.