Are you hesitating between contacting your bank or using the services of a broker to find the best consumer credit offers in Switzerland? To help you decide, Crédits Conseils gives you an insight into the advantages of using a broker and tells you which banks grant private loans in Switzerland. 1.Which banks in Switzerland […]
Maximum interest rate on consumer loans to increase on 1 January 2024 for 2nd time in less than a year
What are the reasons and consequences of this increase? Read our explanations and advice on managing your loans.
Find out more about the 3 consequences of having a loan application rejected by a bank. Will you be recorded on the ZEK system? Will there be any negative repercussions? How long do you need to wait before making a new application?
Many people wrongly believe that presenting a loan application with no legal proceedings, no ZEK codes, and a stable professional situation will necessarily lead to a loan being granted. Find out more about the 8 most common reasons for rejection despite a sound financial situation.
The Swiss Federal Council’s decision to reduce the maximum interest rate on cash loans to 10% compared to 15% came into force in June 2016. If you have outstanding credit, now is the time to renegotiate a lower rate !
From the 1st of January 2016 onwards, financial institutions will be required to raise customer awareness to the consequences of their commitment, to set a reasonable limit to the loan amount, to propose loan insurance and to provide advice in the event of hard times.
From the 1st of January 2016 onwards, no more targeting young people, no more suggestions that loans are approved quickly or without examination, no more offering loans for short-term leisure activities such as weddings, holidays or birthdays, no more using abusive economic arguments or startling or ambiguous sales methods.
The conditions for granting a loan have become stricter since December 2015 with regard to the budget calculation, the repayment period has been extended from 72 to 84 months and the cancellation right will change from 7 to 14 days on the 1st of January 2016.
7 reasons to use a broker for a loan rather than a bank
Are you hesitating between contacting your bank or using the services of a broker to find the best consumer credit offers in Switzerland? To help you decide, Crédits Conseils gives you an insight into the advantages of using a broker and tells you which banks grant private loans in Switzerland. 1.Which banks in Switzerland […]