Credit

Online adverts promising quick loans without verification or proof are frequently seen. Offers such as "Loans without documents" or "Loans from private individuals" lure you in with quick and uncomplicated help in financial emergencies. But are these promises really serious?

A forgotten invoice amount or a late payment can lead to unpleasant mail from the debt collection office sooner than you think. But don't panic - with the right knowledge and quick action, you can deal with the situation effectively. Here you can find out how to respond to a payment order and efficiently remove entries in the debt collection register.

Time and again you see adverts that promise a loan with immediate payout. But how realistic is this? In this article, we clarify whether such a loan is really possible in Switzerland and what you should look out for.

The world of finance is complex, and when it comes to credit, terms such as "creditworthiness" and "scoring" play a crucial role. These two concepts are closely linked and form the backbone of many credit decisions. Let's take a closer look at them.

The financial landscape in Switzerland is facing drastic changes at the turn of the year. From 1 January 2024, borrowers will be faced with an increase in interest rates. At up to 12%, interest rates for loans will reach a new high, which is a direct reaction to rising inflation and the tense economic situation. These developments will not only increase the cost of loans in 2024, but will also lead to a more stringent assessment of creditworthiness

Before you can obtain a loan, lease or credit card, you have to pass a credit check. Banks do this to ensure that the borrower is able to fulfil the obligation, to avoid over-indebtedness on the part of the borrower and to reduce the risk of default for the lender.

The Swiss National Bank (SNB) has raised the key interest rate. This decision has far-reaching consequences for the Swiss economy. Companies and consumers must be prepared for an increase in credit and mortgage interest rates, which may increase the cost of loans and mortgages. What does this mean for credit banks and ultimately for you as the end customer? If the base rate rises

For each loan application, your personal financial situation, with income and expenditure, is carefully checked to ensure the solvency of the loan. Banks have access to various databases with risk profiles. Only with a good credit rating and low risk will you get a low effective interest rate.