“I’m sorry, you’re too old.” – Older people are hearing this phrase more and more often when making financial transactions. That is why the Retired Association is speeding up the law against age discrimination. Read here how you can still get a loan.
Mrs. S. (70) would like to renovate her bathroom, but the bank does not want to give her the 10,000 euros – despite appropriate guarantees. An elderly couple wants to exchange the heating and turns it down as well. While in Germany 80-year-olds with the right credit – such as a real estate – still get loans, the banks here in Austria remain strict. “Sorry, you’re too old”, heard a retired councilor (80) with a good pension. His credit card was simply cancelled.
Source: Krone
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
