Many people who cannot get a conventional bank loan wonder whether it is possible to get a Swiss loan for everyone. Although this question can basically be answered with yes, the borrower should allow enough time when choosing a suitable bank or a private credit broker and pay attention to the seriousness of the offer.
Loans without Credit Bureau
No German branch or direct bank grants a loan without Credit Bureau, but the situation is different for foreign banks, especially Swiss banks. A loan without Credit Bureau is by no means identical to a Swiss loan for everyone. Many banks only grant their loans when the customer can demonstrate a fixed and secure income as well as employment as an employee or civil servant.
If there is no age limit, pensioners could also get a loan without Credit Bureau. However, a Swiss loan for everyone presupposes that it is available not only for employees, but also for the self-employed, freelancers, unemployed, students, housewives or trainees.
Since these are usually difficult cases, it is advisable to hire a credit broker. However, he cannot guarantee that every wish for a Swiss loan can be realized for everyone. This applies even if the credit intermediary has years or decades of experience and has numerous connections to domestic and foreign lenders and to Swiss banks.
Disbursement, approval and repayment
Every installment or consumer loan, regardless of whether it came through a credit intermediary or has been applied for at the bank, must be repaid in fixed monthly installments. How high these rates are depends on various factors, whereby not only the loan amount, but also the term and the borrowing rate play an important role.
In addition, every borrower should make sure that the monthly rate matches their income. If it is too high, the borrower can quickly become overwhelmed with the payment of the installment. This should be avoided from the start.