When you’re on a fixed income, it’s easy to imagine a scenario where you need a loan in order to afford a necessary bill like a home repair or medications. A personal loan might be the best option, but many lenders take income into account, and Social Security benefits don’t provide a large paycheck. For seniors needing to investigate the best loan options for a fixed income, here are four possibilities that might just work.
Image via Flickr/Fred Kearney