The credit limit calculator at comparis.ch uses the same software (Kremo) as the lenders.

You can obtain a reasonable, approximate value by entering just a few details.

To keep it simple, an average value from your canton of residences is used for the health insurance premium amount, for example. Average values are also used to calculate various other expenses. Exact amounts or outgoings, such as a lease or existing loan payments, are only applied in the detailed assessment. For this, information must be requested from the Information Centre for Consumer Credit (IKO).

Whether you are applying for a new loan or refinancing one, your income and outgoings are reviewed more thoroughly and you may need to provide supporting documents as proof. This also depends on the lender, its risk policy and the profile of the borrower.

Good to know: the Consumer Credit Act states that a loan may only be approved if the borrower is in a position to repay the total amount (monthly instalments and interest) within 36 months using the seizable portion of their income.

Some lenders will grant unsecured loans of up to 250,000 francs to private individuals. Although such loan amounts are not subject to the Consumer Credit Act, lenders protect themselves against borrower default by conducting thorough risk assessments.