Answers to
All Your Credit Questions

To obtain a loan in Switzerland with a B permit, you must have resided in Switzerland for at least one year and hold a valid B residence permit. Additionally, most banks require a minimum net monthly income of approximately CHF 3,000 to evaluate your repayment capacity.

To obtain a personal loan in Switzerland, it is essential to comply with certain legal conditions aimed at protecting borrowers against over-indebtedness. The Federal Consumer Credit Act (LCC) states that the borrower must demonstrate the ability to repay the loan, including interest, over a period of 36 months, even if the credit term is longer.

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Eligibility criteria include:

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• Age: be at least 18 years old.

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• Income: have a regular income sufficient to cover monthly expenses and credit repayments.

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• Professional status: have a stable job with a permanent contract.

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• Residence: be resident in Switzerland with a valid residence permit (B or C).

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• Solvency: not having any lawsuits or acts of default in progress.

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Financial institutions assess credit capacity by comparing the borrower's net income to monthly expenses, such as rent, insurance, and other outstanding loans, in order to determine whether the monthly payments of the new credit are sustainable without compromising the personal budget.

At Credial, we understand that every situation is unique. That's why our dedicated advisors are taking time to analyze your specific needs and to offer you personalized financing solutions. We support you throughout the process, from the constitution of your file to the payment of the funds, ensuring that all procedures are simplified and transparent.

Penalties for early lease repayment can vary between lenders. To obtain precise details, it is recommended to request a statement directly from the lending organization. Additionally, buying out a lease is often much more advantageous than terminating the contract early.

Deferring a monthly payment depends on your credit agreement. At Bank-now, this option is available if your payments are up to date. If your contract does not include a deferral option, you may need to refinance your loan, in which case the conditions will follow those of a new financing request.

You must have sufficient borrowing capacity, meet the requirements of the Consumer Credit Act (LCC), and maintain a solid financial history with no recent payment incidents. Since each bank has its own criteria, it is essential to carefully assess your situation before applying.

Credial consultants assist you in finding the most suitable solution and maximizing your chances of approval.

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To finance a car in Switzerland, you must be between 20 and 67 years old, reside in Switzerland with a B permit (for at least one year), a C permit, or be a Swiss citizen.

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Additionally, you must have a minimum monthly income of CHF 3,000.

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Your creditworthiness is assessed according to the Consumer Credit Act (LCC), ensuring that the loan remains suited to your budget. To apply, you only need an identity document, three recent payslips, and proof of address.

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Car loans range from CHF 5,000 to CHF 80,000, with repayment terms between 12 and 84 months.

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📌 Quick and easy – apply online now at Credial.ch!

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To obtain a loan in Switzerland, it is essential to meet criteria for solvency and good repute. Regarding solvency, the Consumer Credit Act (LCC) requires an assessment of your repayment capacity, which involves creating a detailed budget.

In addition, the lending bank will evaluate your creditworthiness by reviewing data on your payment history from information databases such as ZEK (Zentralstelle für Kreditinformation) or CRIF.

Our advisors are available to assess your situation quickly and without obligation, helping you understand the credit options available to you.

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To obtain a training credit, it is generally necessary to meet the same solvency requirements outlined in the Consumer Credit Act (LCC). These requirements include criteria such as the ability to repay the loan, a favorable credit history, and a stable financial situation.

The length of residence in Switzerland is the primary criterion. Most institutions require at least one year of residency, as B permit holders are considered to carry a higher risk. The country of origin also plays a significant role. A distinction is made between nationals of European countries, who generally benefit from more favorable conditions, and those from outside Europe, who face stricter criteria.

Next, financial criteria, such as solvency and fiscal capacity, are assessed in accordance with the Consumer Credit Act (LCC). To limit risk, banks and lending institutions may impose restrictions on the amount of financing or the loan term.

Before applying, it is recommended to assess your credit capacity with Credial to avoid a refusal being recorded with the ZEK

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Credit applications in Switzerland are governed by strict data protection laws to ensure the security and privacy of personal information. The primary legislation includes the Swiss Federal Act on Data Protection (FADP), which outlines how personal data must be processed, stored, and shared. Additionally, the Ordinance to the FADP provides further guidelines.

Credit providers must also adhere to specific rules under the Consumer Credit Act (CCA), ensuring that data collected for credit applications is handled responsibly and transparently. Borrowers have the right to request access to their data and understand how it is used in the credit decision-making process.

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To obtain a motorcycle loan in Switzerland, you must meet the criteria set by the Consumer Credit Act (LCC) and the requirements of financial institutions:

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Age and Residence

• Be at least 20 years old and up to 67 years old.
• Be a resident of Switzerland (B permit for at least 1 year, C permit accepted).

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Financial Capacity

• Have a regular income sufficient to repay the loan (minimum monthly income of CHF 3,000).
• Not be subject to legal proceedings or a default notice.
• Meet the LCC criteria, which require a budget assessment to ensure the loan is repayable without compromising the minimum subsistence level.

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Required Documents

• Essential documents for your loan application (identity, income proof, etc.).

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Loan Amount and Duration

• Loan amount: Generally between CHF 5,000 and CHF 80,000.
• Duration: From 12 to 84 months, depending on your repayment capacity

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📌 Did you know? At Credial, we help you find the best financing solution tailored to your situation!

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Make a non-binding request now!

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