Credit in Switzerland – How to apply

German citizens can take out a loan in Switzerland. You must be of legal age, have a permanent residence and must not be self-employed or freelance.

Further reasons for exclusion from a loan in Switzerland are training, studies or unemployment. Some Swiss banks have set an upper age limit for lending, which can vary widely. A credit comparison on the Internet can provide the necessary clarity.

Credit in Switzerland – application and approval

Credit in Switzerland - application and approval

No Swiss bank requires its German credit customers to travel to Switzerland to apply. All formalities can be regulated via the Internet. The loan application must be completed and sent to the Swiss bank together with various documents. The bank will inform the prospective customer of the relevant documents. In any case, a current proof of income and a copy of the employment contract are required. There is only a realistic chance of getting a loan in Switzerland if the employment contract has been concluded for an indefinite period.

In the case of a fixed-term employment contract, only very short terms are possible, which in no way may extend beyond the end of the fixed-term term. The Swiss banks do not provide Credit Bureau information. This is a major difference to a German bank loan, where positive Credit Bureau information is required for lending.

If all the requirements are met, the Swiss credit can be paid out in cash or transferred to an account. A cash payment can be made at the post office counter or via a money courier. In these two cases, a high level of discretion on the part of the lender can be assumed. Nobody has to know anything about the loan. This means that the borrower’s creditworthiness is not negatively affected.

Various options are also available for repayment. The monthly credit installments can be debited from the checking account, transferred by standing order or paid in at the post office counter.

Apply for a loan

Apply for a loan

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.