Credit in Switzerland – get money quickly
In a few other countries, loans are granted according to such strict standards as in Germany: Here, the somewhat paradoxical basic rule applies that those who are most likely to get money are those who already have some. A top credit rating and above all the absence of negative Credit Bureau entries is required. But more and more prospective creditors cannot meet these high requirements. An alternative in such a case is a loan in Switzerland.
Credit in Switzerland: no Credit Bureau examination
Because the German Credit Bureau has no place there – the only thing that matters is a regular income. This income must be above the seizure limit, for single people this is currently around 1030 dollars net in Germany. The more children that have to be provided with this income, the higher the corresponding allowance.
In addition, it should be taken into account that the income cannot consist of unemployment benefit or Credit Aid – students and unemployed people therefore have poor prospects for a loan in Switzerland regardless of the other financial situation. Unfortunately, this often also applies to pensioners and older workers: people older than 58 years are often rejected even with a loan in Switzerland.
Fixed loan amounts: comparison is still worthwhile because of different interest rates
However, the special features of this loan include not only the absence of a Credit Bureau examination, but also the specified loan amount of currently 3,500 dollars. Even the repayment period is usually set at around 40 months.
Nevertheless, the online comparison is worthwhile: Because how expensive the loan will depend on the effective annual interest rate granted by the bank. And this in turn is significantly influenced by the credit institution’s risk assessment. Values from 8% are realistic; in most cases, however, a double-digit percentage will have to be paid.
Applying for loans through capital lender is easy. An online loan application is sufficient to address both banks and private investors at a serious level. Of course, the borrower decides who gets the loan.
Our customer support team is fast and efficient to clear all your doubts regarding personal loan eligibility, procedures, offers, documentation and repayment options. We even contact with the respective lender on behalf of you.