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  1. #1
    Senior Member
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    WOW!! Was really surprised that 77 year olds are taking out 3 Year Debt Consolidation loans with NO Death cover - No Thanks!!

    WOW.jpg

  2. #2
    Member
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    Jul 2017
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    Quote Originally Posted by Saamee View Post
    WOW!! Was really surprised that 77 year olds are taking out 3 Year Debt Consolidation loans with NO Death cover - No Thanks!!

    WOW.jpg
    No security + no assets = no repayment is borrower passes

  3. #3
    Member Tony Two Gloves's Avatar
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    Feb 2011
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    Auckland
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    301

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    Quote Originally Posted by Saamee View Post
    WOW!! Was really surprised that 77 year olds are taking out 3 Year Debt Consolidation loans with NO Death cover - No Thanks!!

    WOW.jpg
    I think death cover stops at age 65 - to high a risk for the insurance company.

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