Swiss redemption loan
Pay off loan & Lower interest rates – save monthly
Pay off your existing loan and see how you can reduce your monthly payment. Best Finance works with the largest Swiss lenders and compares their terms for you – free of charge, without obligation, and with personal support.
- Free & non-binding examination
- Optimize interest rates & lower your monthly payment
- Personal consultation since 2004
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Swiss redemption loan
Pay off existing loans and start a new financial life
Reduce your monthly expenses, gain a better overview, and adapt your financing to your current situation.
- 1Refinance and restructure existing loans
- 2Targeted optimization of monthly rate and loan term
- 3Individual solution with personal consultation
Pay off your loan and regain a better overview of your finances.
An existing loan doesn't have to continue unchanged until its maturity date. In many cases, it's worthwhile to review the current financing and restructure it with a suitable refinancing loan.
Anyone who Repaying a loan Those who want to refinance their loans usually have a clear goal: better terms, greater transparency, and a monthly payment that fits their individual circumstances. This is precisely where loan refinancing comes in.
Existing obligations can be consolidated, current loans repaid, and financial planning simplified. Whether this is financially worthwhile depends on the new interest rate and the remaining term of the existing contract – we will review this with you beforehand.
- Credit amount CHF 5'000 - CHF 300'000
- Duration 12 - 120 Months
- Effective annual interest rate 4,9 % - 9,95 %
- Cost of consultation CHF 0
When can refinancing a loan be worthwhile?
- Better conditions: if a more favorable interest rate is possible
- More overview: when several obligations are to be combined
- Adjust monthly rate: when the current load is no longer appropriate
- Reorganize your finances: if a simpler structure is desired
Your advantages with a debt consolidation loan
Refinancing a loan is more than just switching providers. It can be a sensible step to realign your financing and adapt it to your current life situation.
Check interest rates
If better terms are possible, a new loan can be cheaper in the long run.
More overview
Instead of managing multiple commitments in parallel, you get a clearer structure.
Optimize rate
The loan term and monthly payment can be better tailored to your available budget.
Personally accompanied
You will not receive an anonymous standard solution, but an individual assessment.
Why choose bestfinance.ch for loan repayment?
Anyone in Switzerland Redemption loan Anyone looking for something needs not just a computer, but a partner who can accurately assess the situation.
- 22 Years of experience in the Swiss credit market
- Personal support instead of a purely digital standard route
- Best Finance works with the largest Swiss lenders – one inquiry is all it takes.
- Free and non-binding initial assessment
What we check for you
When refinancing a loan, it's not just about the interest rate. The overall situation is crucial.
- Whether a redemption after deducting the interest already paid is really worthwhile
- What monthly payment is affordable according to the budget calculation in accordance with the KKG (Consumer Protection Act)?
- How existing loans, leases, and card balances can be reorganized.
- Which bank offers the best opportunities for your profile
This is how loan repayment works
The path to new financing has been deliberately kept clear.
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Submit a request
You describe your situation to us – online, by phone or via WhatsApp.
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Check the situation
We will examine your existing credit structure and final statement in detail.
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Finding a suitable solution
Together we will examine whether a replacement makes sense and how it should be structured.
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Restructure
If the conditions are met, we will support you until you secure new financing.
In what situations is a loan repaid?
Refinancing a loan can be beneficial in various life situations – especially if your financial situation has changed.
The existing loan is too expensive
If a new loan with better conditions seems possible, it's worth checking.
The monthly payment should be a better fit.
With a changed budget, a new structure can better distribute the burden.
Several obligations arrange
Those who want to simplify the overview can consolidate existing financing arrangements.
Refinancing loans in Switzerland: sensibly restructuring existing loans
The term Swiss redemption loan This describes a financing method that replaces an existing loan or several ongoing obligations with a new solution. The goal is to adapt the financing to the current situation.
People also frequently search for Refinancing a loan, replace existing loan or favorable refinancing loan.The underlying desire is the same: better clarity, understandable terms and conditions, and suitable financing.
Important to know: In Switzerland, a consumer loan can be repaid early at any time without penalty. Interest already paid but not used is refunded. This is regulated by the Consumer Credit Act and is what makes early repayment possible in the first place.
In short
- A loan refinancing can help to reorganize existing loans.
- It is particularly worthwhile for expensive or inflexible older contracts.
- Early repayment is legally possible at any time.
- A personal assessment will show whether the switch is worthwhile for you.
Frequently asked questions about loan repayment
The answers to the questions we are most frequently asked in consultations.
Basics
What does it mean to pay off a loan?
Refinancing a loan means replacing an existing loan with new financing. The new lender pays off the outstanding balance of the old loan directly, after which only the new loan is in effect. The goal is usually a lower interest rate, a more manageable monthly payment, or the consolidation of multiple debts.
Is paying off a loan the same as refinancing a loan?
In everyday language, both terms mean the same thing: an existing loan is replaced by a new one. Debt restructuring is more commonly used when several obligations are combined into a single contract.
Am I allowed to repay a consumer loan early in Switzerland?
Yes, at any time and without a prepayment penalty. Interest already paid but not used will be refunded. This is regulated by the Consumer Credit Act and is what makes early repayment possible in the first place. Fees for early termination of a consumer loan agreement are prohibited.
When it's worth it
When does a debt consolidation loan make sense?
If the new effective annual interest rate is significantly lower than the previous one, if several loans, leases, or credit card balances are to be consolidated, or if the monthly payment no longer fits the budget, the decisive factor is the overall calculation over the remaining term, not just the interest rate.
Can I lower my monthly payment by paying off a loan?
This is possible, but depends on the loan amount, term, existing obligations, and creditworthiness. A lower monthly payment results either from a more favorable interest rate or a longer loan term. In the latter case, the monthly payment decreases, but the total interest costs increase.
Can I combine multiple loans into one?
Yes. Multiple consumer loans, leases, and credit card balances can be consolidated into one contract. This creates clarity and often lowers the total monthly cost, because credit card balances usually have significantly higher interest rates.
Can I also buy out a lease?
Yes. A lease agreement can be replaced with a consumer loan. This can be worthwhile because loan interest is tax-deductible as debt interest, while lease payments are not. Furthermore, the vehicle then belongs to you.
Can I pay off my loan and increase it at the same time?
Yes, that's the most common scenario. The new loan covers the outstanding balance of the old contract plus the requested additional amount. The prerequisite is that the total monthly payment remains affordable according to the budget calculation based on the Consumer Credit Act (KKG).
Procedure, costs and documents
What documents do I need to pay off a loan?
ID card or passport, the last three payslips, a copy of the permit if it's a foreign national's ID, and additionally the final statement or the current contract for the loan to be paid off. The exact remaining balance can be found on this statement.
How long will it take to replace the old contract?
After signing the new loan agreement, the statutory 14-day cancellation period begins. Only after this period is the bank permitted to disburse funds and settle the outstanding balance of the old agreement. This period applies to all lenders in Switzerland and cannot be shortened.
What are the costs associated with arranging a loan repayment?
Nothing. Our loan brokerage service is free for borrowers. We are compensated by the partner bank where the new loan agreement is finalized. Providers who demand upfront payment are disreputable.
What is the maximum legal interest rate for consumer loans?
Since January 1, 2026, it has been at 10 % for cash loans and 12 % This applies to overdraft facilities such as credit cards. Contracts exceeding the maximum interest rate are void according to Article 14 of the Consumer Credit Act (KKG). Anyone with an older contract at a higher interest rate should have it reviewed for a possible repayment.
When things get difficult
Does a loan repayment request result in a ZEK entry?
We do not accept non-binding inquiries. An entry in the credit bureau's database is only created when an application is submitted to a bank. Therefore, we check beforehand where your chances are best.
Will I receive a settlement despite the ZEK entry?
A negative ZEK entry significantly complicates any loan application, including debt repayment. Ongoing debt collection proceedings or outstanding certificates of loss almost always lead to rejection. Anyone already over-indebted should contact a cantonal debt counseling service instead of taking out another loan – this advice is free and independent.
Check your loan repayment options now and gain clarity.
Have a free, no-obligation assessment done to determine if refinancing your loan makes sense in your situation.
Free of charge, without obligation and with personal guidance.
Legal notice: Lending is prohibited if it leads to over-indebtedness (Art. 3 UWG). Consumer loans are subject to a statutory right of withdrawal of 14 days from the date of signing the contract (Art. 16 KKG). Creditworthiness assessments are carried out in accordance with the Consumer Credit Act and the banks' internal guidelines. All information is provided without guarantee; the actual terms and conditions depend on creditworthiness and bank assessment.
Trust through genuine customer experiences
Personal advice, quick response and many years of experience often make the decisive difference when refinancing a loan.
Very friendly and competent advice. You feel taken seriously and receive understandable answers instead of unnecessary complexity.
Quick feedback, a professional process, and a clear assessment of the possibilities. That's exactly the kind of personal support you want.
Trustworthy, discreet, and helpful. A particularly positive aspect was the pragmatic approach to the advice, tailored to the individual situation.
Personal support. Clearly explained. Active in the Swiss credit market since 2004.