Today, there are many elderly people in the Swedish population who want to borrow money to finance what they dream of. Earlier, there was something called a Senior Loan, it was for all pensioners, but this loan disappeared a couple of years ago. Instead, many lenders today offer other types of loans such as private loans
The subordinated loan is a loan. The biggest difference to other loans is already in the name: This loan is subordinate to bankruptcies. If a creditor has claims from a subordinated loan, he must wait until other creditors are served. In this case, other outstanding debts, such as to suppliers, employees or the bank, come
Private loans are a unsecured loan that you can use for whatever you want. Private loans are also referred to as blank loans and consumer loans. The interest rate is usually set individually and the maturity is usually between 1 and 15 years. There are private loans where you can borrow from 5,000 up to $600,000.