Apply for your loan in a few easy steps

Obtaining a personal loan may seem complex, but by following clear steps, the process becomes more accessible. Learn how the loan budget is calculated, the eligibility criteria lenders apply, and the documents needed to complete your application. Whether you choose to go through a bank or use a broker, we help you understand every aspect to confidently apply for your loan.

Find out how your loan budget is calculated, what eligibility criteria are considered, and what documents are required. Follow these steps for a successful loan application.

1. Loan Budget Calculation

Learn how the budget for a personal loan is calculated. The loan budget – or capacity calculation – is not the same as your personal or household budget.

The calculation follows the Federal Consumer Credit Act (CCA) regulations, aiming to prevent over-indebtedness. The main rule: Regardless of the chosen term, a consumer loan in Switzerland can only be granted if you can fully repay it within 36 months using your attachable income.

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2. Eligibility and Risk Criteria

In addition to legal regulations, lenders apply their own criteria. Factors they may consider – but weight differently – include your credit history, credit score, personal circumstances such as marital status, residency status, employment situation, and more.

3. Loan Application

If you’ve decided to take out a loan, you may want to learn more about different lenders and their offers. Due to internal reasons (mainly fraud protection), the specific and complex risk criteria of lenders are not publicly available. It is therefore difficult, if not impossible, to assess whether your profile will be accepted or rejected by a specific lender.

If you’re considering using the services of a loan broker like Crédits Conseils, discover the benefits here to make an informed decision.

4. Decisions and Safeguards

Decide whether to protect your monthly payments against unemployment, illness, or disability with insurance. We’ll be happy to advise you on this free of charge.

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5. What Documents Do I Need to Provide?

The additional documents and information you need to provide depend on your individual profile. You can find more information about this here – or, if you choose to work with a broker like Crédits Conseils, we will be happy to assess your situation in detail and guide you through the entire process of obtaining a personal loan.

6. Are Application Fees Required When Applying for a Loan?

In short: No. The services of a loan broker are always free for you. A loan broker is compensated by the lender. Based on the volume and quality of applications a broker submits to a lender, the broker acts as an acquisition channel. However, this does not mean that your loan automatically becomes more expensive.

Secondly, you always have the right to end the process at any time if you are not satisfied with the offer. This means there is no risk for you. Additionally, you benefit from working with a broker who collaborates with multiple lenders rather than just one. This increases the chances of your loan being approved and finding an offer tailored to your profile and specific needs.

Take advantage of our experience

Find out how our process works, what we offer you, and why we might be the right choice for you. Walk through our simple steps, read our customer reviews, and explore the benefits we offer.

Calculation example

Loan of CHF 20'000. An effective annual interest rate between 4.9% and 10.95% and a term of 48 months generate total interest between CHF 2'018.10 and CHF 4'549.60. Term: 6-120 months; Maximum annual interest rate (including all credit charges) 10.95%. The granting of a loan is prohibited if it leads to the over-indebtedness of the consumer.(Art. 3 LCD)