If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Loan against pension.

noddyone2 · 2012-10-15 19:01:44

I'm due to retire next August, my pension provider will pay me a lump sum of 31,000Euro , plus a yearly of 11,000 euro. Does anyone with financial knowledge know of any instution that will lend money now, (15,000) to be paid back in full next August? I don't want to go traipsing place to placearound if such a thing is…

Options

15-10-2012 8:01pm

#1

noddyone2

Registered Users Posts: 313 ✭✭

Join Date: August 2010

Posts: 282

I'm due to retire next August, my pension provider will pay me a lump sum of 31,000Euro , plus a yearly of 11,000 euro. Does anyone with financial knowledge know of any instution that will lend money now, (15,000) to be paid back in full next August? I don't want to go traipsing place to placearound if such a thing is impossible. Thanks guys.

0

Comments

Options
#2 15-10-2012 8:46pm
tony81

Closed Accounts Posts: 595 ✭✭✭

Join Date: February 2012

Posts: 568

You can't assign a pension against a loan. However, that's not to say they won't lend you the money by taking your future income into account.

0