What are the over-60s doing with their money?
People are living longer and they’re asset-rich – when they have disposable income, how do they choose to spend it?
Spry Finance is the sole Irish provider of lifetime loans – loans for the over-60s secured on the value of their home. Its rigorous approach to understanding and meeting its customer needs provides a clear view of what its customers are intending to spend their money on.
The Spry Finance lifetime loan application process includes a question about the intended purpose of the loan – not because the company retains any control over the money once it’s lent, but to help assess the suitability of the lifetime loan product for the customer. The answers provide real insight.