Sambla Group announces partnership with 60plusbanken

Sambla Group, one of the leading comparison platforms for loans and mortgages, has announced their new partnership with 60plusbanken, the bank offering loans to homeowners aged 60 and over.

“We receive many applications from people aged 60 and over who unfortunately are often rejected by the traditional banks due to stricter income requirements. This partnership with 60plusbanken will enable us to offer customers better terms, as well as solutions adapted to their needs” - Jasmin Svraka, CCO at Sambla Group.

Sambla Group actively strives for financial inclusion, hence this partnership is important in helping more customers improve the terms of their loans and mortgages. Sambla and Advisa, two brands which are part of the Sambla Group, help consumers compare and consolidate loans and mortgages. By comparing up to 40 banks and lenders, customers are able to secure the best possible terms, and choose the right loan for them.

“We see this as a fantastic opportunity to work together with the Sambla Group to enable people of retirement age to maintain their living standards when their pension comes into force. With a loan from 60plusbanken, the associated loan cost does not increase as it is free from amortization and the interest is to be paid on the day the loan is settled. This means there are lower income requirements for the borrower, which in turn allows them to have increased assurance during their retired life” - Sandra Lillienberg, Manager 60plusbanken.

60plusbanken is a bank for homeowners aged 60 and over. 60plusbanken gives pensioners the opportunity to release capital from their home to maintain their living standards built during their working lives. Many senior citizens find it difficult to borrow from traditional banks as they are seen to have insufficient income, at the same time as their pensions don’t match their expectations.