For the two-hundredth anniversary of the Banque Cantonale de Genève, learn about its origins, its influence in the canton, its diversification strategy and the historic tour through Geneva on a quest for its discovery.
From the 1st of January 2016 onwards, no more targeting young people, no more suggestions that loans are approved quickly or without examination, no more offering loans for short-term leisure activities such as weddings, holidays or birthdays, no more using abusive economic arguments or startling or ambiguous sales methods.
The conditions for granting a loan have become stricter since December 2015 with regard to the budget calculation, the repayment period has been extended from 72 to 84 months and the cancellation right will change from 7 to 14 days on the 1st of January 2016.
The points that require particular attention when dealing with a broker are the copy of the agreement, administration fees, cancellation right, prepayment conditions, interest rate and repayment period, mandatory and optional insurance, and checking whether the broker is approved.
You have taken out a loan or lease and you can no longer pay your monthly repayments on time? What are the different levels of severity of these late payments? What should you expect in terms of penalties? Can you ask to defer your monthly repayments without consequences? At what point can your bank terminate the contract?