Swiss Credit Experience and Terms.

Many consumers have heard the term “Swiss Credit” at least once before and also know what options go with it. In truth, however, many credit seekers are looking for genuine Swiss credit experience from other borrowers.

What is needed above all is the Swiss credit experience of all those customers who have already taken out a loan in this way and can therefore call a positive credit note their own. These can give valuable information about the process of borrowing from foreign banks.

The so-called Swiss loan has developed in recent years as a good alternative when borrowing. Because he presents itself as credit bureau-free credit quite reputable and ensures that under certain circumstances, even a loan can be claimed even if negative entries in the credit bureau depressed.

What to do if the credit bureau is negative?

What to do if the credit bureau is negative?

Swiss loans are not offered without reason. The main reason for such loan offers lies in the fact that German banks do not lend if the borrower has a negative credit bureau. In return, he would have to be able to name at least one solvent guarantor who compensates for the negative credit bureau and who is liable for the credit with his money.

But it is precisely these guarantors that many loan seekers do not want to raise. They want to settle their financial affairs on their own, and therefore they do not see it as being a stranger, who in the worst case would even have to be liable for them.

Therefore, they are looking for loans that work in spite of negative credit bureau and that provide the needed money in a serious way.

It is often the case that a negative credit bureau does not automatically mean that the borrower is not fit for borrowing at all. For a negative credit bureau refers to a default on a payment, but says nothing about what income the borrower has, what expenses he has to make every month and how his other handling of his financial resources.

If you only allow yourself a slip-up and have to nibble on it for a few years, because the credit bureau does not delete the negative entry immediately, you are naturally looking for a loan that represents a good alternative to the classic installment loan and which can also be taken on its own. Swiss loans, which are always forgone, would be a good alternative.

According to experience, Swiss credit is only available through an intermediary

According to experience, Swiss credit is only available through an intermediary

Many consumers are wondering why Swiss credit exists only through an intermediary. This question is actually relatively simple to answer, since there is ultimately a similar banking system in Switzerland, as we know it from Germany.

However, our experience has shown that many banks from Switzerland do not operate private customer business on the Internet.

It is also important in Switzerland for the applicant to be in the best possible position with regard to his credit standing in the event of a forthcoming loan. A negative entry in the credit bureau reduces the credit rating, however, so that a loan offer must be found, in which the credit bureau plays a minor or no role.

Loans from Switzerland are therefore offered through intermediaries who establish contact with the relevant lenders and search for the appropriate loan offer on behalf of the applicant.

The consumer, for his part, would not have the opportunities and the contacts to take out the loan on his own. Because the required contacts do not exist.

Particularly good Swiss credit experiences could be made with the credit intermediary Maxcredit. The broker is based in Switzerland and has specialized in clients from Germany who are looking for a credit bureau-free loan.

Loans are offered in a variety of designs and terms. The provider works together with 20 banks and lenders to bring together tailor-made offers for the prospective client.

The loans at Maxcredit are credit-dependent and therefore have a variable interest rate. Net loan amounts of 1000 $ to 100000 $ will be awarded.

Even with the contract period, the borrower can expect a fairly wide range. Terms between 12 and 120 months would be possible. The credit offers from Maxcredit come with no pre-charge. A request is therefore always free and without obligation. And comfortably via the Internet, without having to plan a trip to Switzerland.

How reputable are the offers?

How reputable are the offers?

Especially in relation to Maxcredit, the experience in this area is very good. The provider presents itself not only on the Internet very transparent, but also pulls through his offers. Anyone who asks Maxcredit for a loan request will receive an offer that is understandable even to laymen. All key data on the possible credit are displayed.

This would be in addition to the net loan amount and the gross amount, which was extended by the interest. In addition, all other terms are described and demonstrated. These include possible installment breaks, special repayments and early repayment of the loan.

Here, it is necessary to make separate agreements with the provider, if necessary, in order to be able to individually align the loan. But beware: the agent himself has few options for customization. The lender must ultimately agree.

Experience also shows that prepayment is not levied on reputable Swiss loans. Even if it does not come to a credit agreement. The same applies to the conclusion of additional insurance or subscriptions. Again, nothing has to be feared if a reputable provider of Swiss loans is used.

What are the conditions for credit bureau-free loans?

What are the conditions for credit bureau-free loans?

The terms play a crucial role in borrowing. Swiss credit experience clearly shows that the conditions for loans without credit bureau hardly deviate from the regular offers of German banks. Loan sums, maturities and also the monthly installments can keep up with the regular offers.

However, what the experience surrounding Swiss credit clearly shows is that interest rates are generally much higher than with regular installment loans. However, this is because the credit bureau is not queried and thus automatically assumes that there is a weak credit bureau. And this pushes the credit rating.

As a hedge and because of the higher default risk, the lenders secure themselves with a higher interest rate. However, if you are in urgent need of a loan and do not get it in Germany, you also accept the increased interest rate and can handle it.

In addition, the interest rate can be reduced by a good income and additional collateral. The extent to which this works must be decided according to the offer.

Furthermore, the Swiss credit experience shows that a simple application via the Internet is possible at any time. The reaction of the intermediaries is timely, so that the prospective loaner can plan well.

However, it has to be considered that the first provisional commitment is not yet binding. A firm commitment together with the exact conditions can only be created when all documents have been checked and a suitable funder has been found.

How long does it take to process and pay the loan?

How long does it take to process and pay the loan?

Experience with a Swiss loan shows that these loan offers are only partially suitable as express loans, lightning loans or instant loans. Although this is falsely emphasized in the advertising now and then. Rather, a processing time of 2-6 days must be scheduled until all operations have been completed and the processing and payment of the loan is done.
Anyone who chooses a Swiss loan should therefore plan it from the beginning and expect no miracles.

The agents work quickly and make every effort to process and pay out the Swiss loan as quickly as possible. However, they also depend on the support of the applicant.

So it is important that the loan seeker the loan application as possible at the beginning of the week, if a particularly fast processing and payment is to take place.

The experience has clearly shown that no processing of applications takes place at the weekend. An application at the end of the week would therefore be counterproductive.

On top of that, it is important that the borrower provides all documents for processing in a timely manner. What documents that are in detail, we want to shed more light in the last section.

What documents do you expect to need when receiving a Swiss loan?

What documents do you expect to need when receiving a Swiss loan?

First of all, the experience surrounding the Swiss loan shows that the loan application must be completed in full and truthfully, so that processing of the application can be initiated.

Incorrect or incorrect information automatically leads to a rejection of the loan application. The mediator then assumes that the money should be stolen and therefore has no interest in a serious and open cooperation.

In addition, the income must always be proven. For this it is important that the salary statements of the last months can be submitted. How many have to be depends on the respective mediator. In general, it can be assumed that the last month or the last three months must be proven.

Also the expenses must be able to be occupied. Only then can the provider determine whether the loan seeker can afford the loan. Because only if there is a positive difference between the income and the expenditure, is sufficient space for the repayment of the loan. For this purpose, the bank statements of the last four weeks should be kept.

For the legitimization of the loan application, a valid identity card or passport is required. In addition, documents may be requested for additional collateral if larger loan amounts are desired or if classic income is insufficient to provide security for the Swiss loan. Also in this regard, there will always be an individual decision that will be discussed with the prospect.

Our conclusion on the Swiss credit experience and conditions

Loans from abroad can be legitimate and be available at acceptable rates with acceptable terms. Our Swiss credit experience shows that it is best to seek a debt-free loan through a reputable credit intermediary such as Maxcredit.

Fast and discreet you get the best credit, tailored to your own financial situation.

Payday loan without credit bureau – Fast and flexible immediately more cash

A payday loan without credit bureau can be worthwhile for many purchases, especially for consumer goods. Since a payday loan is used for private households, the designation is actually even consumer credit. Due to the comparatively low altitude, the conditions are somewhat different than is the case, for example, with real estate or motor vehicle loans.

Many borrowers use this special type of loan to borrow money for major purchases that are expected to be used over a longer period of time. A new bathroom will be purchased as often as a new kitchen and a suitable payday loan with favorable interest rates will be sought for financing.

payday loans are popular because they are also possible with credit bureau entry and this has been statistically noticeable in the Federal Republic for several years. Almost 70 percent of all privately granted loans are taken out as small loans per year. This means that two-thirds of all personal loans are not higher than 10,000 usd.

What a mini-loan is, what conditions for a mini-loan must be considered, what role the credit bureau plays and what is important in the search for a lender, will now be shown.

Whether you are looking for a normal microcredit or a payday loan without credit bureau. Our partner will find the right credit for you. If necessary also with negative credit bureau entries.

Ask now for your payday loan without credit bureau. Free application – no pre-costs and obligations. Fast transfer and processing.

What is a payday loan without credit bureau?

What is a mini loan without credit bureau?

Whether a loan is a payday loan without credit bureau depends on the actual amount of the loan and whether the credit bureau is requested. Although there is no compellingly uniform classification, the names given individually by the lenders merely differentiate their content from larger loans.

 The Civil Code defines what exactly is meant by a mini-loan. Paragraph 492 states that this is covered by the so-called consumer loan agreements. There are also the above-mentioned in writing necessary condition for a proper, legal, often called microcredit listed.

The banking industry understands such a loan in the sense of section 19 of the Banking Act. At this point the conditions for the processing of such a credit business are described, which must forgive lending banks.

Finally, paragraph 6 of the Price Indication Regulation stipulates which annual percentage rate of interest the creditor may use. In this way, there is a clear transparency for the consumer in order to be able to meaningfully compare different providers with each other.

Where can I apply for a payday loan?

Where can I apply for a mini loan?

The modern way to apply for a small loan without credit bureau is the worldwide connected Internet. Especially in the search for a financing without the own house bank offer online many different ways to use a payday loan, for example via a credit intermediary viloan, Neofunding but also Creditend.

Anyone who decides on a payday loan, such as viloan from the Internet, should first search through a search engine for a popular and most serious provider comparison. Various Internet platforms have been established in recent years, which can also be found with positive comments in independent comments. Transparency and professional, smooth communication characterize a good provider of payday loans without credit bureau.

It is to be known that not only banks or credit providers can be used for a payday loan. Private institutions and people also offer interesting mini-loans, but this can also be part of the program for companies and associations. After all, it is not just the Internet that is a good and easy way to get a suitable microcredit.

Is there a payday loan without credit bureau also at banks?

Is there a mini loan without credit bureau also at banks?

In fact, most consumers use the various services of their preferred bank when making a credit request. The trust that has built up over the years mostly stands out as a more attractive alternative. But who wants to use a cheap credit bureau score particularly cheap and interesting payday loans should make the comparison beyond the house bank.

Many banks work in larger dimensions and deal with different forms of credit from different providers. In addition, the obviously high demand for mini-loans has remained high for years. It is therefore not surprising that settled, smaller banks want to meet this demand of at least 70 percent of their customers.

Finding an independent, established provider to compare mini-loans individually can be a bit tricky. Above all the complete renouncement of the possibilities of the Internet can leave the best offers unattainable.

Established mini-credit providers can be found in every major city, a look at the Yellow Pages, Search-and-Find or the regional daily or weekly newspaper is the classic way to find a payday loan.

Take a small loan: provider comparison and overview

The principle of mini-credit has a surprisingly long history in this country. The inclusion of a consumer credit up to 10,000 usd is already traditional for the vast majority of consumers.

For this reason, some well-known providers of mini-loans have established themselves. These look back on a long, successful experience and can always shine with the best scores of independent judgments.

Here, many borrowers feel particularly safe and secure with their concern for funding.

In addition, however, rather newer, commonly still unknown providers for small loans can certainly convince with attractive terms. Here, the individual comparison helps as well as the use of provider portals and the search for official reviews and reviews.

In addition, there are countless smaller, largely unknown providers, some of which differ greatly in their terms. For unusual projects, the search for these lenders can yield particularly interesting results.

Who can apply for a payday loan without credit bureau?

 

A payday loan without credit bureau is limited in content and will be removed in a relatively short time. In addition, he is especially for the private purchase of consumer goods. But who can even apply for a payday loan and thus borrow money?

Regardless of the general and individual requirements for applying for a small loan, any adult of legal age who is able to work and has a firm, registered residence can in principle receive a payday loan without credit bureau. It is important to note the conditions that can be very different between the lenders.

However, these individual requirements of the lender are crucial, because the necessary evidence applies to the examination of the respective creditworthiness. The extent to which these requirements are extensive or rather superficial should be well controlled and understood in the case of a payday loan without credit bureau.

As a rule, two important aspects are asked for and assessed by the lender. For this purpose, on the one hand the consideration of the personal income situation is made and on the other hand a credit bureau information demanded. Ultimately, however, it is up to the lender to decide whether to grant a payday loan or not.

payday loan: what requirements must be met?

Most mini-loans are based on the two aspects mentioned above, the assessment of the income and the contents of the credit bureau information. In principle, every consumer who wants to take out a loan in the Federal Republic must prove his / her majority and have a current place of residence. In addition, an active checking account for the completion of a mini-credit is often mandatory, especially when paying by bank account.

Also important for receiving a payday loan is often the current employment status. If this is still in the probationary period, this can lead to the rejection of the application. It would be ideal to have a permanent job so that the lender has some certainty regarding the foreseeable repayment of the loan.

Employment status also has further implications for the way in which a mini-loan is awarded. Thus, it is common practice that freelancers and the self-employed must meet much stricter requirements, while employees and workers can expect comparatively less requirements. Such peculiarities should be taken into account when looking for the right loan.

Incidentally, the fine print is also tricky when it comes to mini credit without credit bureau. For example, in the further remarks on the contract, the bank can insist that the payday loan take place exclusively on its own account. This should avoid misuse and assignment to third parties and reduce a greater risk of loss.

Is there a payday loan without a salary certificate?

In fact, especially on the Internet providers for mini-loans, which require no proof of wages or salary in the individual award. However, one can not assume that it completely waives formalities and security checks. Rather, the concerns of the lender in terms of payment security are implemented very differently.

However, most mini-loans available on the internet without proof of income are either very finite in volume or have a very short repayment period, if not both.

Due to the limited financial framework and sometimes only days of repayment installments, the lenders ensure a very fast settlement and intrinsic safety.

Important in the selection of a payday loan without proof of wages or salary is so much the summoned fine print. Here considerable costs can lurk, which can occur inevitably even with slight delay.

Such a payday loan is well suited to bridge a short phase without sufficient cash of your own. For your own safety, the consumer should be sure to pay close attention to all details of the loan agreement.

payday loan despite credit bureau entry? Is that possible?

Anyone who wants to borrow a payday loan from their preferred bank but has to admit negative credit bureau entries is usually rejected. It may happen that a conversation on the specified positions is possible in the conversation, in order to finally grant a loan. But you can not rely on that.

An alternative to this may be a payday loan without credit bureau, as often offered on the Internet. Here, numerous lenders have established themselves whose focus is on the allocation of small and smallest loans without credit bureau proof. Whether such offers can be an alternative to traditional loans is particularly good for negative credit bureau entries.

What does payday loan without credit bureau query mean?

What does mini loan without credit bureau query mean?

Many consumers appreciate the possibility of implementing their own financing requirements with a mini credit, and that without the annoying credit bureau proof. Especially with very low loan amounts and very short repayment phases, there is often a desire among the consumer for a financing that is as fast, flexible and inexpensive as possible. A payday loan can be the perfect solution.

For example, when buying a property or extensive renovations, it may happen at short notice that the cash is scarce. Sometimes there are only a few days until the next billing, but a purchase on account is not possible. In such a case, the comparison to the payday loan on the Internet may be worthwhile, because this may be cheaper than a credit line or a loan at the house bank.

Above all, this solution is fast and uncomplicated, and is also suitable for emergencies. If expensive electronics break down in the short term, the home automation fails in the deepest winter or the car must be repaired immediately, in any case, more cash is needed in the short term, as currently available. But also, in order to be able to use particularly favorable offers in time, a quick mini-credit can certainly be worthwhile.

What advantages does a small loan without credit bureau have?

What advantages does a small loan without credit bureau have?

Three advantages make the small loan without credit bureau demand, because a payday loan is simply applied for, easy to use and quickly available. Usually, taking up a loan requires a certain amount of formal and, in particular, time. With a payday loan, especially without a credit bureau exam, the application is completed within a very short time and can be made almost at any time over the Internet. This makes it particularly easy to apply for a small loan.

 While, above all, extensive loans may be tied to differentiated conditions in order to be granted at all, this is quite different with small loans, especially without the credit bureau. Compared to traditional lending by a bank, there are surprisingly few requirements to be met in order to be able to borrow individual amounts of money at attractive terms as credit.

The big advantage of small loans, even without credit bureau proof, is the particularly fast availability of cash. In the traditional way, it can take a long time between the granting of credit and the actual availability. With a mini credit, for example from the Internet, in some cases even within a few hours the money can already be accessed. So these three big advantages have a small loan.

Are there any disadvantages with payday loans without credit bureau query?

As with almost all things that are meant to bring cash quickly and easily, the benefits of mini-credit quite disadvantages, especially for the consumer. Especially with small credits without the necessary for many reputable banks credit bureau proof can not be hidden immediately apparent costs.

Simple, easy and fast, a mini-loan can help optimally with an acute lack of cash. But with the smallest problems or even delays, horrendous costs can be incurred. Many consumers value the system of mini-credit, because they can easily get money without annoying evidence. But the proof of income as well as the notorious credit bureau proof also serves the safety of the consumer.

These security hurdles for obtaining a loan in the classic way continue with many attractive mini-loans, and thus the secure assessment of the customer’s creditworthiness.

What on the one hand can be construed as a bully, has already spared many consumers the ruin, because someone has tended against the secure lending. This can be annoying, but in the long run also an important safety for the consumer.

Is there additional benefits with mini-credit? What do they cost?

Is there additional benefits with mini-credit? What do they cost?

Due to the special conditions of many payday loans, especially from the Internet, the lenders are particularly clever. However, reputable providers also offer additional offers and conditions that the customer can choose according to their own judgment and their own safety.

This concerns above all hedges for the case of delay, which can cost in part very much money. But failure scenarios can also be concluded in the form of insurance. The details vary considerably between the providers and should be taken into account before deciding on a selected mini-loan.

For most providers, the shortest possible repayment periods, which are rewarded with a low interest rate, are free of charge. Also offered is usually the option lightning transfer. This can be free of cost, but also be different cost, so this effort should be weighed against possible dunning procedures or even legal consequences due to late payment.

Anyone who needs a longer period to pay off the mini-loan, should be informed about the respective options for the installment of the lender. However, this service is always chargeable, with prices currently between 45 usd fees for 60 days and 69 usd can vary.

For some providers, additional contract options allow significantly lower additional costs. Whether an option for an express payment is really worthwhile, should be thoroughly calculated and compared with alternatives.

When is no payday loan granted?

When is no mini loan granted?

Reliable this question can not be answered in general terms, because the terms of each provider vary greatly. Particularly strict and associated with obligations are probably mini-loans from classic banks, because here is always the proof of income and the credit bureau information required.

In addition, if a valid identity card, a current registration address and a checking account exist, basically every adult in this country can take out a loan.

Many modern providers of mini-loans, especially on the Internet, refrain from extensive checks and formalities. They advertise with simple applications, fast processing and flexible conditions. But even with payday loans from the Internet, there are differences between the providers.

While some lenders completely waive security checks, other providers reserve the right to make differential hedges.

Especially payday loans without proof of income or credit bureau entries are particularly rarely rejected. After all, this is the biggest advantage in this type of lending. With good examination and decent information can often be easily available on cash without much effort.

Is there also a payday loan for the unemployed?

Is there also a mini loan for the unemployed?

Even for unemployed people, ie recipients of ALG1 and ALG2, there is the possibility to use a mini credit. The redemption period for classic offers lasts at least one year and the minimum amount of the payday loan is 1,000 usd.

In addition, lenders have established themselves on the Internet, which also work with lower amounts and shorter maturities. Due to these circumstances, particularly favorable offers can be implemented, which mean the least possible risk for both the provider and the consumer.

Otherwise, it is difficult to obtain credit as a recipient by the classical method. If at all, this is usually only possible in conjunction with a guarantee.

The differences between microcredit and payday loan

The differences between microcredit and mini loan

When looking for the exact definition, it should be noted that neither the term payday loan nor the term small loan are legally protected. This means that every lender can offer a loan up to the limit of 10,000 usd.

Likewise, there is the logic that the missing legal term also allows no allocation to small loan or mini credit.

The small loan therefore rather describes a certain type of loan, which is arranged and shaped differently by lenders. Many banks use a credit limit of 2,000 usd or even 5,000 usd. In some cases, 1,000 usd are possible, but among them are rarely offered by traditional banks payday loans.

In contrast, the mini-loan is defined as a type of product that relates to loan agreements covering a maximum of three-digit amounts. In addition, payday loans are characterized by particularly simple and straightforward applications.

However, the biggest difference between microcredit and mini-credit lies in the type of repayment. In a small loan several installment payments are common, while in a payday loan a one-time repayment is common. Due to the various additional options, however, this distribution is also difficult to compare.

A small loan or short-term loan as an alternative to mini-credit?

A small loan or short-term loan as an alternative to mini-credit?

Which form of loan offers itself individually depends entirely on the personal circumstances of the consumer. In addition, the exact definition of types of loans over comparatively small sums is not reliable.

In any case, a small loan is an interesting alternative to traditional banks because of the very transparent conditions and attractive offers on the Internet. A clear advantage, however, is the mini-loan compared to the normal loan, as it is used for real estate or vehicles.

Thus, if the need for additional cash is rather low and can be fully repaid within a very short time, a short-term loan can be helpful. If the time is less short, a payday loan with installment payment can be chosen. The range of options and options is huge, so regardless of the exact name of the perfect fit small loan can be found.

Is the payday loan immediately transferred to the account?

Most mini-loan providers transfer the loan amount to the customer’s checking account within 24 hours. This requires a German checking account, so that the transaction can be carried out within one working day.

It may happen that a deadline has to be met for the application, so that the payment is received on the following working day in your own checking account.

If it’s less urgent, take a look at providers of mini-loans, whose transfer takes place within a few days. Compared to very fast transactions, money can be saved.

However, if it is extremely urgent, some lenders even offer transfers within an hour. However, certain conditions must be observed. Also possible is the establishment of a current account directly with the lender, if this offers the possibility of transfer within seconds.

In general, the transfer takes a payday loan despite credit bureau in about 24 hours, but deviations to the rear are possible as well as very urgent transfers through the function express payment.

Conclusion – a payday loan without credit bureau is almost always worthwhile

A mini-loan with immediate payoff offers many benefits over traditional loans from home banks and lending institutions. Especially the uncomplicated handling and fast availability of cash make this loan particularly attractive for private customers. It is not without reason that in Germany up to 70 percent of all loan contracts per year are taken out as small loans. More information on the credit behavior of the Germans has provided the credit bureau here.

With good preparation, a proper search and reliable comparisons, even mini-loans from the internet can be an interesting alternative. Many providers have established themselves with different strengths and advantages. Here you can also apply for a suitable payday loan without credit bureau for your own financing with a solid selection.

What is the minimum income for a Swiss loan?

The minimum income for a Swiss loan is based on the marital status and the debtor’s maintenance obligations. Single persons without maintenance obligations should have a net income of at least 1,210 usd.

But we recommend at least 1,660 usd for a loan amount up to 5,000 usd. As the amount of credit increases, the credit banks demand a higher income than security (see chart).

If you can show the minimum income, apply directly here for a Swiss loan without credit bureau.

For married and dependent persons, correspondingly higher and regular payments must be demonstrated. In general, before applying for a loan, any prospective buyer should compare their income to their expenses.

If there is a free sum that can be used for the repayment of a Swiss loan, these are already very good conditions that at least partially pave the way to the loan.

Why is a minimum salary necessary?

Why is a minimum salary necessary?

The basis of the loan guarantee is linked to a secure monthly minimum income for a Swiss loan. Therefore, the income, depending on personal circumstances, must exceed the exemption limit of attachment and should also be significantly higher.

The attachment exemption limit is in 2018 at currently 1139.99 usd for an individual without further maintenance obligations. Guarantors or collateral in the form of physical assets can not be used as compensation for a low net income. Here, a second applicant with the minimum income for a Swiss loan would have to sign the loan application.

Employees whose income is seized or whose assignment of the attachable portion of the income has already been executed can not receive a loan.

Why is no other proof of minimum income possible?

Why is no other proof of minimum income possible?

The minimum income for a Swiss loan is prescribed because it is one of the only ways for the lenders to assess the creditworthiness of the borrower. There is no credit without credit rating, only the credit check by the credit bureau is omitted.

The inquiry with the credit bureau should be omitted with these loans and also not registered. Therefore, banks from abroad have to assess their creditworthiness on the basis of disposable income and the overall economic situation.

The higher the net income available and the lower the monthly expenses, the more likely the loan approval.

Swiss credit without proof of income?

Swiss credit without proof of income?

Each bank and each credit institution must operate according to business principles and, of course, protect itself from financing for the ability to repay the borrower. You therefore need current proof of income from your current employer. As a rule, the last 3 salary statements are requested. As to the proof of wages, an assignment statement for the salary is also requested.

To check whether the earned income is sufficient for the repayment of the loan, you will also request the bank statements of the last 3 months from you. From this, the lending bank can identify which ongoing obligations you already have to service, and which income can be compared to the expenses. If your earnings exceed monthly commitments and there is enough financial leeway for another monthly installment, then lending should not be in the way.

If you currently have no income from work, collateral such as life insurance, securities (eg shares) or a land charge may also be submitted under certain circumstances. Possibly also unemployed persons, pupils / students or independent entrepreneurs can receive a loan from Switzerland.