The microcredit company FinaGuru issues short-term and long-term online loans to individuals. The organization does not have a branch network; it operates remotely via the Internet.
Creditnice is a microfinance company operating since 2013. It specializes in loans with online processing, including to pay for purchases from partners; it also issues virtual credit cards and provides credit lines.
Features of obtaining a loan for pensioners under 85 years of age
Microfinance companies consider pensioners as reliable borrowers, since they have a guaranteed regular income – a pension payment. They take out a loan for a small amount, which reduces the risk of non-repayment.
When applying to an MFO, it is important for borrowers of retirement age:
Check that the company operates legally and is included in the official register
Make sure that the lender provides services to people over 55–65 years old, otherwise they will be refused
Choose an online service that issues a microloan on favorable terms for the client
How to get a microloan before age 85
To apply for a loan online, you need:
Find a suitable offer in our catalog and click the “Submit Application” button – the website of the selected company will open in a new window
Register on the MFO website, fill out the form, attach a photo of your passport
Submit an application for consideration
If the request is approved, sign the agreement
Receive money to the card to which the pension is received
If you have any questions while applying for a loan, you can call the hotline for free. The operator will help you fill out the application. Another way to get a microloan for a pensioner under 85 is to personally contact the company’s office.
What is important to know about loans until age 85?
Is it possible to get a loan at 0% for a person 85 years old?
Yes, free microloans are provided regardless of the age of the borrower. But not all microfinance organizations have such offers, and they are valid only for clients who contact the company for the first time. The main condition for an interest-free loan is timely repayment of the debt. In case of delay, the borrower will have to pay interest and a late payment penalty.
How much of a microloan can a pensioner aged 85 receive?
Short-term loans are usually limited to an amount of up to 30,000 $ and a period of up to 30 days. Such a loan must be repaid in one payment before the end of the contract. Medium- and long-term programs allow you to borrow up to $100,000 for up to a year. In this case, the MFO will most likely require a deposit.
The best loan offer for a pensioner under 85 today?
It is most profitable to take out an interest-free microloan at a promotional rate. In this case, you can receive from $1,000 to $30,000 for up to 30 days. But it is important to contact a new company. Another option is to follow promotions and promotional codes from microfinance organizations. They make it possible to take out a loan with a discount of up to 30–40% or exempt from paying interest for 5–7 days.
Which microfinance organizations issue microloans to seniors under 85 years old online?
Almost all online microfinance services work with older borrowers, but before approval they check the client’s legal capacity. You can find MFOs in the rating on this page.