Frequently asked credit questions FAQ
To help you find the answer to your question as quickly as possible, we have organized our "Frequently Asked Questions" section by topic.
Documents for your loan application: How to get a loan offer quickly.
We require complete documentation so that we can process your loan application without delay and provide you with a suitable loan offer quickly. You should therefore submit all the required documents in full and clearly legible. This is the only way we can optimally check your enquiry and prepare a personalised loan offer for you in the shortest possible time.
By submitting the documents in full, you speed up the entire process and improve your chances of a quick approval. Benefit from short processing times and secure your loan now at the best possible conditions.
Different business strategies in scoring: how banks rate their customers
The credit assessment is an essential part of every loan and a decisive factor for banks and lenders. But why do scores differ from bank to bank? This blog sheds light on the different approaches that financial institutions use in their scoring and explains how legal, regional and individual factors have an influence.
The Small Loans Act in Switzerland (KKG): A guide for borrowers
In Switzerland, the Federal Consumer Credit Act (KKG) protects the interests of borrowers and serves to prevent over-indebtedness. In this blog post, we take a closer look at the Consumer Credit Act and explain what it entails, how it is applied and why it plays an important role in the Swiss financial system.
The truth about "credit without proof": How you can recognise reputable offers
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?
Quick action required: How to react correctly to a payment order / debt collection !
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.
Loans with immediate payout in Switzerland - Is that possible?
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.
What are the requirements for a loan?
Borrowing can be a helpful solution for financial bottlenecks or larger investments. However, the question "What requirements do I need for a loan?" is often asked - and rarely answered clearly. In this article, we explain in detail how banks make decisions, which criteria must be met and which special cases exist.
Replace / consolidate credit cards
Are you tired of keeping track of multiple credit card instalments? We have the solution to simplify your finances and optimise your monthly payments! With our help, you can now consolidate and bundle your credit card payments and pay them off in one convenient monthly instalment.
Everything you need to know about PPI instalment insurance for loans in Switzerland
PPI instalment insurance, also known as Payment Protection Insurance, is an optional product for those taking out consumer credit. In this blog post, we take a look at the key aspects of this insurance and highlight the benefits it offers.
Scoring and creditworthiness - key terms in lending
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.
Interest rates for loans in Switzerland reach a new high
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