Of course. Retirees can also apply for loans. However, there are certain preconditions. The first is the age limit. Generally, the age of the borrower is stipulated in general loan products, generally ranging from 22 to 60 years old, and some are relaxed to 65,438+08-65 years old. Beyond this age limit, too big or too small will be blocked from the loan door. The reason is that because of being too old, in addition to the weakening of earning ability and repayment ability, individuals need to prepare certain health expenses. Undoubtedly, these factors will greatly reduce the repayment ability. Due to the risk of borrowing, retirees need to go through strict age threshold screening to apply for loans.

According to the laws of China, the borrower must meet the following conditions at the same time:

1. Have permanent residence or valid residence status in cities and towns;

Two, a stable occupation and income, good credit, the ability to repay the loan principal and interest;

Three, with the purchase of housing contracts or agreements;

Four, no housing subsidies to not less than 30% of the total price of the purchased housing as the down payment; If there is a housing subsidy, 30% of the personal commitment is the down payment for the purchase;

Five, there are assets recognized by the lender as collateral or pledge, or units or individuals with sufficient compensation capacity as guarantors;

6. Other conditions stipulated by the lender.

Legal basis:

Article 11 An individual loan application shall meet the following conditions:

(1) The borrower is a People's Republic of China (PRC) citizen with full capacity for civil conduct or an overseas natural person who meets the relevant provisions of the state;

(2) The purpose of the loan is clear and legal;

(3) The amount, duration and currency of the loan application are reasonable;

(4) The borrower has the willingness and ability to repay;

(5) The borrower's credit status is good and there is no significant bad credit record;

(6) Other conditions required by the lender.

Derivative problem:

How do retirees apply for loans?

According to the regulations of the bank, the borrower's age is generally between 18 (inclusive) and 65 (inclusive), that is to say, if he retires over 65, he cannot apply for a loan.

In the bank's view, retirees' pension can only be used as the basic guarantee of life, not as the embodiment of repayment ability. However, if retirees start their own businesses after retirement and become business owners of the company, then banks will dispel their concerns about repayment ability and reconsider loan approval.

There are also loan products from financial institutions, which require retirees to get 8- 15 times salary with their retirement certificates, payslips, utilities and ID cards as long as their bank credit information is good and they are under 60 years old. The reason for the large fluctuation is that the nature of retirees' original work unit, bank credit status, financial certificate and sideline business are all important indicators to evaluate the loan amount.