Borrow money for seniors
All the benefits of a Personal Loan , with the option of applying for the loan from 60 years to 74 years and repaying it up to 78 years. Ideal for seniors.
Where it previously proved difficult for seniors to take out a loan, this is changing with the Personal Senior Loan from BB Bank Personal Finance . With the Senior Loan we offer seniors the opportunity to take out a loan with unique features so that borrowing for the senior is familiar and responsible.
Experience shows that seniors are increasingly active and they still want to make a large purchase such as a new car or a camper. Or do you want to renovate instead of moving? Even then there are plenty of options. This also applies to making your home more sustainable or the desire to live longer in your current home? The senior loan offers a solution.
The senior loan can be paused. This means that you can postpone your monthly payment for 3 months once. Handy if you temporarily need some extra financial space.
Free additional repayments
If you make extra repayments on your senior loan, you can opt for a reduction in the monthly costs or a shorter term of the loan. This is always without costs or a fine.
Determine the collection date yourself
The senior loan offers extra flexibility because of the option to choose a collection date yourself. In this way you determine when the interest and repayment is collected on your loan. You can also change the collection date 1x per year.
Change the monthly amount yourself
As an extra benefit of the personal senior loan, the monthly amount can be increased, provided this is for at least six months. That way you get rid of your loan earlier.