Answers to
All Your Credit Questions

Yes, it is generally possible to combine an education loan with other financial aid, grants, or loans to support your training or education. However, it is essential to consider your ability to repay the loan during and after your training, particularly if your educational commitments lead to a reduction in your employment workload percentage, which may affect your income during this period.

Yes, it is possible to obtain a loan after the age of 65 in Switzerland, but it must be repaid in full before the age of 70. Banks and credit institutions assess your repayment capacity by considering your AHV pension, any additional annuities (2nd and 3rd pillars), and other income, such as rental income from properties.

At Credial, we offer solutions tailored to pensioners, with monthly payments adjusted to your financial situation. Our advisors are here to help you find the best option based on your income and budget.

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Yes, a consumer loan for self-employed individuals can be obtained without a balance sheet. This type of financing is based on the borrower's personal income rather than the company's balance sheet. A detailed tax notice and, in some cases, recent bank statements are generally sufficient to assess repayment capacity.

Yes, it is possible to obtain a loan in Switzerland with a B permit and a temporary contract, but certain conditions apply. Most institutions require at least one year of employment with the same company to ensure a certain level of professional stability.

If the monthly payment break is included in the general terms of your credit contract, this option allows you to postpone your monthly payments for up to 2 months without incurring additional costs or interest. Additionally, in the context of a credit consolidation or refinancing, it may be possible to defer a monthly payment under certain conditions.

For any questions about the payment break or to explore options available for your specific situation, the Credial advisory team is here to assist you. You can easily reach out to us by phone or email to discuss your needs and benefit from personalized support.

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A renovation loan offers several advantages over increasing a mortgage. It usually has lower processing fees, doesn’t require detailed estimates or invoices, and avoids notarial changes if the mortgage deed cannot be adjusted. The process is also faster and simpler, making it easier to finance your projects.

Retirees have several financing options tailored to their situation. Increasing the mortgage allows homeowners to access cash based on the value of their property. The Lombard loan offers financing secured by financial assets, but it involves market risks. Other options include installment credit cards, leasing to finance a vehicle without immediate ownership, or early withdrawal from the 2nd pillar to purchase real estate or repay a mortgage. Each alternative has its advantages and limitations, which is why proper financial advice is essential.

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To be eligible for a loan as a cross-border worker employed in Switzerland, you must meet specific conditions. These include having a paid job in Switzerland, having worked in the country for at least three years, holding a valid work permit, and earning a minimum net monthly income of CHF 3,000.

To qualify for a loan as a self-employed individual in Switzerland, you must have been continuously active for at least two years. Additionally, it is generally required to provide proof of income through a final tax assessment.

The requirements for obtaining credit as a pensioner depend on the type of pension you receive. For AHV pensioners, it is generally necessary to be under 70 years old at the end of the loan repayment period. For AI pensioners, it is important not to be receiving additional benefits.

A personalized, no-obligation analysis of your situation can be conducted to verify your eligibility for credit before you apply.

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