Answers to
All Your Credit Questions

The costs associated with a monthly payment deferral depend on the situation:

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• If the deferral is included in your contract, it generally does not incur any additional fees or interest.

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• If the deferral is granted as a payment suspension, the bank applies specific fees, which vary by institution, in addition to loan interest.

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• In the case of a loan refinancing, the fees are regulated by the Consumer Credit Act (LCC) and remain limited, although their amount may vary from one bank to another.
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To find out the exact conditions applicable to your situation, feel free to contact your Credial advisor.

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Yes, it is entirely possible to finance a used car with a car loan. The conditions are the same as for a new vehicle, with the loan amount adjusted based on the car's value and your repayment capacity. Whether you buy from a dealership or a private seller, a car loan allows you to become the immediate owner with no restrictions on usage. You can also include additional costs, such as maintenance or insurance, in the financing.

Yes, with Credial, you can combine multiple loans into a single credit increase.

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This solution allows you to consolidate your various loans into a new, higher loan amount, simplifying repayment management with a single monthly installment and one point of contact.

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Depending on your situation, this option may also offer you a more favorable interest rate and a repayment term better suited to your budget.

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At Credial, your personal advisor support you every step of the way to provide the best financing solution tailored to your needs.

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A loan refinancing has a neutral effect on your creditworthiness, unless it is done too frequently, particularly to finance successive increases in debt. In such cases, the history visible to the bank may be interpreted as a sign of recurring financial difficulties.

On the other hand, while it allows you to consolidate multiple commitments and improve your available budget, it can have a positive long-term impact. Responsible management of your new loan, with regular payments and no incidents, will help strengthen your financial profile.

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✅ Yes, a motorcycle loan can finance both new and used motorcycles.

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The conditions remain the same: the loan is granted based on your financial situation and repayment capacity.

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The advantage of a used motorcycle loan is that it allows you to freely choose your vehicle, whether from a dealership or a private seller. You can also include certain additional costs, such as maintenance or registration, in the financing.

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📌 Need financing for a used motorcycle? Apply online at Credial.ch and get a quick response!

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No, a moving loan cannot finance an international relocation. The bank's terms and conditions specify that in the event of departure abroad, the loan must be fully repaid. Given this requirement, a loan to finance a move outside Switzerland will not be granted.

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No, a monthly payment deferral included in your contract does not affect your creditworthiness or credit score.

However, if the deferral is granted as a payment suspension, some banks may interpret it as a sign of financial difficulty, which could influence your future financing applications.

It is therefore advisable to clarify this point with your bank before making a request. Your Credial advisor can help you assess the potential impact and choose the best solution based on your situation.

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Only loans, credit cards, and leases registered with the ZEK can be directly included in a loan refinancing by the bank. On the other hand, other debts, such as overdue bills or private loans, cannot be paid off directly by the bank. However, if your situation allows it, these amounts can be integrated into the overall financing of your new loan. Once the funds are disbursed, it will be up to you to repay these debts yourself.

Yes, you can generally adjust your funding amount to match the actual cost of your project. If your budget permits, you may borrow more than initially estimated, creating a financial cushion for contingencies or unforeseen expenses. Should you later find that you don't need the full amount, you can repay the excess early without incurring additional costs.

Yes, a renovation loan can finance an energy-efficient renovation in Switzerland. Whether it’s for thermal insulation, window replacement, installing a more efficient heating system, or adding solar panels, this type of financing allows you to make improvements that reduce energy consumption and increase your home's energy efficiency. A tailored loan helps you cover these investments without dipping into your savings, with monthly payments adjusted to your budget.