The required amount is loaned directly by investors – private or commercial – to borrowers. P2P platforms charge a fee for their services. Borrowers are only charged once a valid loan agreement is in place.
The information on this page relates to personal loans. Cashare also offers products for businesses, self-employed customers and real estate projects. Investors can also invest in personal loans and SME loans. The lending process is auction-based.
Cashare personal loan overview
Traditional instalment loans
Effective annual interest rates ranging from 3.9% to 5.9%
Loan amounts from CHF 1,000 to CHF 100,000
Repayment terms from 6 to 60 months
Minimum age 18, maximum age 65*
Cashare personal loans features
Loans are usually available within 3 to 15 working days. If a project is not fully financed, a partial payment is theoretically possible.
Regular loans must be repaid by the time the borrower reaches the age of 65. *If the loan is secured by a mortgage, borrowers have until the age of 80 to repay the loan.
Cashare covers any residual debt in case of death via a collective insurance policy.
For this, borrowers are charged a monthly premium, which is a percentage of the loan.
You are required to notify the lender of any change of address.
Payments are only made to a Swiss bank account.
Annual statements of interest are issued free of charge. Address enquiries, reminder fees (1st reminder CHF 30, 2nd reminder CHF 50, 3rd reminder CHF 100) and collection expenses (CHF 100) are charged to the customer.
Cashare charges an administrative fee of CHF 150 if you pay the loan off early.
Cashare loan approval
Unlike other lenders, Cashare makes loans available to businesses and self-employed people.
The actual interest rate for your loan will be determined after the application is submitted.
The lowest interest rates are usually only offered if you have a very good credit rating.
To establish interest rates, Cashare uses a proprietary rating system based on the scores A, B+, B, C+ and C. Customers with ratings of D, E or F are rejected.
Lenders do not publish their full lending and interest rate criteria.
Our loan comparison provides an overview of the interest rates offered by other lenders.
1. Protection from over-indebtedness
The Consumer Credit Act applies to loans of up to CHF 80,000. For loans above this amount, consumers are not protected by the Consumer Credit Act. Calculate approximately how much you can afford to borrow.
2. Choose repayment term
The benefit of a longer repayment term is that the monthly instalments are lower. The longer the repayment term, however, the higher the total cost of the loan.
Nevertheless, it is advisable to plan realistically and, in particular, budget for irregular and unexpected costs.
You can pay off (amortize) the loan earlier at any time, which will reduce the cost of your loan.
3. ZEK and credit check
The Central Office for Credit Information (ZEK) is a platform for banks to exchange information on the credit standing of their clients. The ZEK registers all information on transactions involving personal loans, car leases and credit cards. If anybody promises you a loan without involving the ZEK, this is usually an untrustworthy lender.
Learn more about credit score.
4. Eligibility criteria
Each lender specifies his own risk and approval criteria, which are not or only partially communicated to customers or the general public for security reasons. Visit loan eligibility criteria and applying for a loan for more information.
Did you know…
Each loan provider assesses your profile differently.
Around 50% of loan applications sent directly to lenders are rejected.
If your application is rejected, you usually won't learn the reason why.
Every rejected loan application is registered with the ZEK and can be viewed by member lenders for a period of two years.