As people age, they often take out personal loans to cover unexpected expenses. But what are the best personal loans for seniors? Here are the top three personal loans for people over the age of 60.
Is there an age limit for a personal loan?
Age. Prospective borrowers in the us must be at least 18 years old to apply without a cosigner. The minimum age requirement varies by state. For instance, alabama and nebraska require borrowers to be at least 19 years old, whereas mississippi requires borrowers to be at least 21 years old.
Getting a personal loan at age 75.
And another question we frequently get is, “can i get a loan if i’m retired?” you can, is the response. Whether it’s taking out a personal loan, remortgaging your property, or funding the purchase of a new car, loans in retirement are possible.
What age you can get a personal loan.
Age of at least 18