Over 55 later life lending to settle your debts

If financial pressures, such as debts, loans or credit cards are causing you stress, over 55 equity release could help to ease your cash burdens — so you can focus on what matters to you

One of the most popular reasons homeowners over 55 use equity release is to help tackle debt, from loans and credit card repayments to unsecured debts and outstanding bills.

Later life lending plans can be used towards any kind of debt, which is why it can be a popular choice if your debt can’t be settled through your regular income in retirement. The amount released can be received as either a lump sum or in regular payments — giving you the control and flexibility to focus on what matters to you.

Over 55 later life lending to settle your debts

If financial pressures, such as debts, loans or credit cards are causing you stress, over 55 equity release could help to ease your cash burdens — so you can focus on what matters to you

One of the most popular reasons homeowners over 55 use equity release is to help tackle debt, from loans and credit card repayments to unsecured debts and outstanding bills.

How over 55 equity release can help

Later life equity release plans can help in the repayment of:

Personal loans
Overdrafts
Utility bills
Credit cards
Payday loans
Medical bills
Mortgages
Other unsecured debt

If you’d like to find out more about how our tax-free equity release products can help ease the financial burden of debt repayments, book an initial, no-obligation consultation to speak to one of our specialist advisers today.

“We are both very happy with the decision to use equity release to repay debts to free up disposable income. We got very good advice and help from 55Plus and would recommend them to anyone looking into equity release.”

Gerard & Carol

Successful over 55 equity release mortgage applicants

Enfield, London

Over 55 later life lending to settle your debts

If financial pressures, such as debts, loans or credit cards are causing you stress, over 55 equity release could help to ease your cash burdens — so you can focus on what matters to you

Over 55 later life lending to settle your debts

How over 55 equity release can help

Later life equity release plans can help in the repayment of:

Gerard & Carol

How much could you borrow?