SWITZERLAND CREDIT COMPARISON

Clearly only you! As the sole borrower, you have signed the loan agreement and are solely liable for all components of the agreement.

There is essentially the difference between buying and renting between credit and leasing. With the conclusion of the purchase contract, which is often bound to a credit installment payment, the vehicle automatically becomes your property. When leasing, the car belongs to the leasing company until the car has been completely financially triggered. Leasing rates can be cheaper and the advantage is that the purchase of a new model is easy to do. This type of acquisition often offers advantages for companies and companies. Depending on the type and setting, both loans and leasing are a safe method to fulfill your dream car dream.

Obtaining personal loans is associated with several hurdles for self-employed people in Switzerland. Banks and credit institutions examine liquidity and equity very carefully before a loan is approved. If you are a shareholder in a company or own a company or a sole proprietorship, the basic requirement is often a two-year existence of the company so that banks promise your financial support.

These documents are required to apply for a self-employed loan in Switzerland:

• • In the case of a sole proprietorship the last, detailed and private tax assessment by the tax authority.
  • In the case of an AG or GmbH, the last three pay slips and the associated account statements.

That works as a private person in any case. You will receive an annual interest certificate from your bank, which you can submit with your tax return.

That is also possible in Switzerland. This is clearly regulated in the law and you can also look forward to your right to the corresponding interest waiver.

This works without any additional fees for all loans that fall under the Swiss Consumer Credit Act. A prerequisite is the liquidity check by the new bank.

Attention: Some banks charge processing fees for the final settlement of your existing loan. They can fluctuate between 100 and 200 francs. You will find the appropriate clause in your loan agreement.

It all depends on your financial liquidity. A good option is usually to merge several loans. So you improve the conditions and save a lot of interest. Payment is easier and less complicated. In the case of leasing contracts, it is advisable to check the contractual conditions carefully beforehand.

In general, of course, you must comply with all legal provisions and meet the specific selection criteria of the credit institutions before you are granted a loan. Many banks do not justify their decision. That's why it's worth checking. You will receive important information in writing and by telephone. You also have the option of having your credit rating checked in advance. This will minimize the risk of your loan being rejected.

The last three pay slips are usually sufficient for inspection by the relevant credit institution. If your ID expires in the meantime, you will need to submit a new copy. For citizens in Switzerland there is a particularly grace period of 5 years.

In general, this information is of no interest to credit institutions and banks.

No. Reputable providers and comparison portals normally do not charge a fee for a professional loan comparison.

Have you taken out a loan from several banks? We at neotralo AG advise you to pool your loans. So the interest accrues on an entire loan amount. This usually saves not only money, but also time and nerves when managing the contracts. In addition, you simply take out a loan for all of the remaining debt of your existing loans and pay them back in a single installment. If you have paid the installments of your previous loans on time, your creditworthiness has also improved. This has the advantage of lower interest rates for the new loan!

According to the Consumer Credit Act, consumer loans are loans granted to private individuals in the amount of CHF 500 to CHF 80,000 with a term of more than three months. The interest may not exceed a certain maximum interest rate. It is currently at 10%.

Your personal data is stored securely internally by us and is not encrypted and transmitted to the bank. We always process your information in accordance with the current and valid data protection regulation. So you can rest assured. Your data is definitely absolutely safe at neotralo AG.

At some banks you can have your personal loan insured. Here usually against inability to work as a result of illness or accident as well as unemployment that is not your fault. If you lose your job innocently, the insurance company pays your credit installment. Waiting periods are not uncommon here.

A copy of the front and back of your passport, your ID or driver's license and your last three pay slips must always be submitted. If you are not a Swiss citizen, you need a valid residence permit. It may also be that the bank asks for additional documents to check the credit, such as your health insurance policy.

According to the consumer credit law, no costs may be estimated for this. Depending on the bank, fees of between CHF 100 and CHF 200 may be charged for the final settlement.

There is no general answer here. The conditions and costs depend on the relevant bank and your own credit rating.

Ask your financial institution about the remaining debt on your loan. You then transfer the remaining debt to the new bank. If you have a promise from your new bank, you can request a transfer offer from your existing bank. Ideally, you should send this offer to neotralo AG. We support you in repaying your existing loan. If you want, we can also take care of the administrative work for you free of charge.

The contractually agreed loan amount is transferred to your account after a 14-day cancellation period.

To obtain a loan in Switzerland, you must be at least 18 years old. It is also a prerequisite to live in Switzerland or Liechtenstein or to work as a cross-border commuter in Switzerland. If you do not have Swiss citizenship, the bank will definitely require you to present a valid residence permit. A regular income from an existing employment relationship is also necessary for the granting of a consumer loan.