Basically, pensioner loans are short-term loans. They act as a bridge until your next payday, so we offer up to four weeks to refund the amount borrowed. Interest on payday loans is generally expressed as a fixed rate. Most retirement loans are returned in 2-3 weeks, so the calculation of the annual percentage rate is completely useless in these circumstances.

Anyone can take a loan

For immediate retirement credits, the applicant must:

• Have a bank account (usually a checking or savings account), as payday loans are transferred electronically.
• Submit a request that you can find on our website.
• Sign the agreement.
• Wait for approval and receive your money from retirees loans.

These loans should be restricted to the financial emergency where money is needed immediately. We ask you to only borrow what you really need, because you must be careful with your finances. But you can always count on Binixo in case of a financial emergency!