Just because you’re over 65 or are in retirement, it doesn’t mean that you can’t borrow money from a community bank.
In fact, people in retirement are often in a good position to borrow, as they have established good credit history and already have previous experience of paying back credit.
At Wave Community Bank, we lend to people in retirement and often find that they need to borrow to make their home more accessible, buy mobility scooters, or to perhaps take their grandchildren on holiday. We take a holistic approach when it comes to lending and don’t just look at a person’s age or credit score but will take other things into consideration such as affordability and past borrowing history.
As all of our loans have a saving element when you borrow from us, you will also be starting your own savings pot. If you are a homeowner or have savings already with us, then you can also benefit from lower interest rates on loans so it may not cost you as much as you expected.
If you are retired, with a regular pension and looking to make some improvements to your home then let Wave Community Bank help you do this ethically and affordably with our Saver Loans.
