Education Loan in Switzerland
Finance your studies, professional retraining, or your children’s education with a personalized education loan. Benefit from flexible terms and competitive rates in Switzerland or abroad.
Finance your studies, professional retraining, or your children’s education with a personalized education loan. Benefit from flexible terms and competitive rates in Switzerland or abroad.
No matter your goal, a personal loan can help you finance it. However, as with any loan, certain eligibility criteria must be met. Your financial situation will be carefully analyzed in accordance with the legal provisions of the Consumer Credit Act (CCA) to ensure that the financial commitments are sustainable.
It’s also important to note that the approval of your application always depends on the specific criteria of each bank. Every lending institution applies its own conditions, making individual approval for each application crucial.
Why choose us to submit your application? As a trusted partner, we guide you through every step of the process. Our expertise and tailored services maximize your chances of success while offering transparent conditions that meet your needs.
P.S.:
Since basic education without professional activity generally does not generate income, this can often exclude you from traditional personal loans. In Switzerland, capacity calculations to prevent over-indebtedness are particularly stringent to protect consumers. If you are pursuing basic education, we recommend looking for offers specifically tailored to your situation.
Rustem is a 39-year-old father from Kosovo. He has two daughters (5 and 10 years old) and a son (8 years old) and has been living in Switzerland for almost 15 years. He holds a B residence permit. The family lives in a 5-room apartment with a rent ofCHF 3 100.–.
Five years ago, Rustem decided to become self-employed by opening a restaurant specializing in Mediterranean cuisine in the Carouge district of Geneva. His wife joined the project, helping with service. The beginning was challenging, and it took them three years to start making a profit.
Last year, Rustem declared a taxable income ofCHF 180 000.–. His eldest daughter finished primary school, and for secondary school, he wishes to enroll her in a private school. The annual tuition fees amount toCHF 12 000.–, meaning he needsCHF 48 000.– to finance this phase of her education.
The loan simulation indicated a monthly payment ofCHF 528.– at an indicative rate of 4.9% over 120 months. Ultimately, Rustem obtained an education loan ofCHF 48 000.– over 84 months at a rate of 10.9%. His monthly payment isCHF 806.60, includingCHF 235.15 in interest. No processing fees were charged.
The advisor made him aware of the risks associated with his profession and the financial dangers his family might face in the event of an accident or illness. Rustem decided to protect his family by taking out income protection insurance.
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)
Put your trust in the experience of Crédits Conseils – without obligation and with zero risk.
Request
Request your loan by using the online form or by calling us.
Complete your information and send your documents
Submit the mandatory documents and relevant information we need to assess your loan request.
Assessment and offer
Final response in less than 24 hours after receipt of the needed information, mandatory documents and a complete review of your solvency.
Contract signing and disbursement of your loan
Swift disbursement after you sign the loan contract and the consequent 14 day right of revocation (cooling-off-period).
