BCGE Crédit projet personnel
Traditional instalment loans
Effective annual interest rates at 5.2%, 6.2% or 7.4%
Loan amounts from CHF 5,000 to CHF 70,000
Repayment terms from 6 to 60 months
BCGE loan product features
You are required to set up a standing order for repayments.
You must notify the lender of any change of address or employer.
Residual debt insurance in case of death is included.
All fees, collection expenses, debt enforcement costs and special orders are charged to the customer.
BCGE loan approval
To be eligible for a loan, you must live or work in Geneva and have opened a personal account at BCGE. Applicants who are self-employed and have been living in the canton of Geneva for more than three years are also eligible for a loan.
Lenders do not publish their full lending and interest rate criteria.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.