Great to be asked to be part of the Joe Duffy show today contributing on the subject of Life Loan. It is very distressing seen how these impact older people their fair deal applications and ultimately their estates which are typically decimated by the life loans and the compound interest they charge. Please avoid these financial products at all costs. Unfortunately they are being sold again.
When a person needs to enter a Nursing Home, regardless of whether they are in the Fair Deal/Nursing Home Support Scheme or paying for their care privately, the resident and or their spouse if married...
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