Apply for a loan with interest rates from 4.9%
Submit an enquiry at comparis.ch to find the right loan in Switzerland, free of charge and with no obligation.
How to get a personal loan
1. Get an overview
Find information on comparis.ch about how the process of getting a loan works.
2. Start your loan enquiry
Would you like to take out a loan? Credaris increases your chances free of charge and without obligation. Here’s what to do:
You submit your request to Credaris (apply for a loan)
Credaris reviews your personal situation
You receive an assessment of your options and your loan offer
3. Taking out a loan
Happy with the loan offer? Credaris needs your permission to submit your application to the most suitable lender.
4. The lenders
Find lenders who accept loan applications from Credaris AG at en.comparis.ch/privatkredit/kreditantrag. The personal loan overview (en.comparis.ch/privatkredit/kreditvergleich) considers lenders who accept loan applications from Credaris AG, as well as lenders who do not accept loan applications from Credaris AG. The lenders have published data that Comparis can access.
Credaris currently works with the following credit institutions:
Cembra Money Bank
Migros Bank
Bank-now
bob Finance
Cornèr Bank
Mobilize Financial Services
Find more about our cooperation with Credaris here: Credaris AG: independent credit service provision in cooperation with Comparis
The advantages of applying for a loan via Credaris
What sets Credaris apart:
Lending volume of CHF 8.1 billion
Credaris has processed 8.1 billion francs worth of loan requests to date.
50% better chance of approval
Direct enquiries with banks are often rejected. Credaris places your enquiry with the lender offering you the best chance of approval.
4.8 out of 5.0 customer satisfaction
Customers give Credaris top marks.
Lending volume of CHF 8.1 billion
Credaris has processed 8.1 billion francs worth of loan requests to date.
50% better chance of approval
Direct enquiries with banks are often rejected. Credaris places your enquiry with the lender offering you the best chance of approval.
4.8 out of 5.0 customer satisfaction
Customers give Credaris top marks.
What Credaris customers say
Why do you need a loan?
Sometimes, your personal circumstances can change quickly. A loan can be a good way to avoid financial problems in these situations. Below are examples of the most common reasons to apply for a loan.
Loan calculation and comparison
The factors used in a loan calculation are the loan amount, interest rate and repayment period. A loan application with Credaris offers you the following:
✓ Amounts ranging from CHF 1,000 to CHF 250,000
✓ Terms of 6 to 120 months
✓ Interest from 4.9% to 10.95%
The repayment period determines how high the monthly instalment is. If you choose a longer period, the monthly repayment is lower. The outstanding loan amount, on which interest is calculated, remains higher for longer however. This increases the overall cost of the loan.
| Personal loan A | Personal loan B | |
|---|---|---|
| Loan amount | CHF 20,000 | CHF 20,000 |
| Effective annual interest rate | 4.90% | 7.90% |
| Duration | 36 months | 48 months |
| Monthly instalment | CHF 598 | CHF 485 |
| Overall cost of the loan | CHF 21,512 | CHF 23,269 |
Loans in Switzerland: what you need to know
Personal loans explained
A personal loan or consumer loan describes the lending of money to private individuals. As opposed to a lease, for example, the amount borrowed is not tied to a specific purpose. Personal loans are therefore used for very different things. Whether a loan would be useful or makes sense depends on its use. It is better suited for one-off expenses like an unexpected dental bill, fixing a broken down car or even an investment for the future in the form of further education. Financial instability cannot be solved with a personal loan. Read more about consumer loans in Switzerland.
Loan calculation
The factors used in a loan calculation are the loan amount, interest rate and repayment period. The repayment period determines the monthly repayable instalment. If you choose a longer period, the monthly repayment is lower. The outstanding loan amount, on which interest is calculated, remains higher for longer however. This increases the overall cost of the loan. Calculate the costs for loans with various terms, interest rates and special payments with our loan calculator.
Legal requirements
There are many different legal requirements for a loan in Switzerland. The most important goal of the Federal Law on Consumer Loans is to ensure the borrower is able to afford the loan. A loan may not cause the borrower to become over-indebted. For this reason, the so-called credit capacity must be checked. It decides whether you can take out a loan and how much you can borrow. You can calculate your maximum loan amount online with Comparis.
Credit check
Credit capacity must be checked by law. Lenders, however, apply many other criteria to check the repayment ability – or credit standing – of a potential customer. For this purpose, data from specialized companies such as Crif or Intrum as well as from debt enforcement agencies are checked. Find out interesting facts about the topic of credit checks.
Taking out a loan – step by step
How does applying for a loan work in Switzerland? Before you make a decision, find out everything you should know about the whole process – from the loan application to the payout.
FAQs on the subject of personal loans
Whether you get a private loan and with what rates and conditions depends largely on your financial situation and your credit standing. Lenders also apply their own eligibility criteria, which are not made public.
You can compare which interest rates and amounts are offered. A true comparison of loans is difficult. Comparis users who make use of the service from Credaris can benefit here.
The interest rate and conditions depend on the lender and their eligibility criteria. The only way to find out what rate is possible for you is through an assessment of your personal situation.
Yes. The law states that a personal loan can be repaid early at any time and without incurring any extra cost. Interest paid on the unused credit period must be reimbursed. However, administrative fees may be charged for the refinancing .
The basic criteria are your ability to pay (a legal requirement) and your creditworthiness. Individual lenders also apply their own criteria. You can find out more about this at acceptance criteria for personal loans.
Financial factors (such as income), sociodemographic characteristics, credit history and the lender’s experience of their own customer portfolio all affect the decision to approve a loan. For security reasons (protection against fraud), only some of the criteria are made available to the public.
Affiliated credit and leasing providers report all enquiries, approvals, refusals and information on payment history to the ZEK. Customer information stored with the ZEK is checked before approving a loan. Positive information such as “regular payments” is also recorded. Another of the ZEK’s roles is to reduce the rate of default.
Loans and financial difficulties
Deceitful companies try to exploit people in financial distress. This information helps you guard yourself against dubious deals on the internet.
