Borrowing for over 55s product launched linked to pensions

Borrowing for over 55s product launched linked to pensions

Property can be solution to borrowing problems or the reason for them Credit brokers free2 , a new financial services brand for the over 55s market has launched an unsecured loan which will allow customers to access a new source of funds by using their spare affordable pension income. The providers claim the product addresses the market need for a range of different options to raise capital in retirement, without having to put their house at risk, spend savings or drawdown taxable sums from flexible pension pots

The free2 loan will allow those aged 55-70 to borrow up to £150,000 […]

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