For banks, seniors are often no longer the desired group of people when it comes to loans. Even with normal loans with Credit bureau information, pensioners often have bad cards, even if they are financially well off.
If senior citizens no longer receive credit from their house bank, for example because they generally do not grant loans to pensioners, they should make their way to a reputable credit broker.
Credit bureau-free loans for pensioners are commonplace these days. It is precisely because seniors usually find it difficult to get a loan through a bank, so good credit brokers have taken up this issue.
Loans without Credit bureau also for pensioners
Loans without Credit bureau are not dubious, even if there are sometimes black sheep in the area of Credit bureau-free loans. However, a potential borrower usually recognizes this quickly: If you calculate processing costs in advance before you have even brokered a loan, you are more likely not to broker a loan. But there are also numerous reputable credit intermediaries that do not incur any upfront costs, not even in the area of non-Credit bureau-free loans for pensioners.
Compare credit intermediaries – and pay attention to loan amounts
Every loan broker has different maximum loan amounts when it comes to Credit bureau-free loans. Where with the other only USD 3,000 is possible as a loan amount, the other person even includes USD 5,000 for a loan without Credit bureau.
Of course, this also applies to Credit bureau-free loans for pensioners. If there is a corresponding pension, this is of course sufficient to take out a loan that does not require Credit bureau information.
For senior citizens, a loan without Credit bureau could therefore be a suitable alternative to a bank loan, which could possibly be much more difficult. And not necessarily on better terms like the Credit bureau-free loan. There is also a simple reason for this: retirees are not necessarily the desired target group for banks.
Especially not in the area of loans, which are often long-term repayment agreements. For senior citizens, who now literally stink of the bureaucracy of their house bank and that of other banks, there are Credit bureau-free loans for retirees that are definitely worth a look and, depending on your wishes, are worth taking out a loan.