FAQ – Budgetcreditcheck

What is a personal loan?

A personal loan is a loan where the borrower is a private individual rather than a business. A personal loan must be repaid within 6 - 120 months.

What are the requirements for applying for a personal loan?

Age of majority (minimum age 18 years)
Residence in Switzerland
Swiss citizenship or residence status under immigration law B/C/G
Regular income
Good reputation
Creditworthiness

What is the maximum amount I can apply for?

Your loan amount depends on your financial circumstances and your repayment options.

Can I have an existing loan repaid through budgetcreditcheck.ch?

Yes, you only need to tell us your previous bank and we will do the rest for you.

I am a pensioner. Can I apply for a loan from you?

Yes, if you do not receive supplementary (additional, supplementary) benefits and have sufficient budget.

I am self-employed. Can I apply for a loan from you?

Yes, our team of advisors will be happy to provide you with information.

I am a student. Can I still apply for a loan?

Yes, as long as you have a (secondary) job that you can use to finance the loan.

Can I deduct the interest from my tax bill?

Yes, debt interest can be deducted from taxes.

Can I combine my existing loan with another loan?

Yes, in principle a loan can be merged with an existing loan.

What happens if I fall into arrears with the payment?

If you are late with the payment of loan instalments, contact us and our team of professionals will be more than happy to help you.

How long does the loan processing take?

Your loan application is usually processed within 24 hours.

How can I increase my chances of a positive credit decision?

By answering all questions correctly. We ask married or cohabiting applicants to apply for the loan together with their spouse / partner (co-applicant). Our team of advisors will be happy to provide you with information.

Are you single and want a loan?

Copy of valid ID or passport
Copy of the last 3 payslips, do not forget bonus or 13th monthly salary
Current debt collection excerpt

Are you a foreigner with a B, C or L permit and would like a loan?

Copy of valid ID or passport
Copy of the last 3 payslips, do not forget bonus or 13th monthly salary
Current debt collection excerpt

Are you married, have children and would like a loan?

Copy of ID or passport
Copy of the last 3 payslips, do not forget bonus or 13th monthly salary
A current extract from the debt collection register
Copy of your partner's last 3 payslips
If available, statements of the secondary occupation

Are you divorced, have children and want a loan?

Copy of ID or passport
Copy of the last 3 payslips, do not forget bonus or 13th monthly salary
A current extract from the debt collection register
If you have maintenance obligations, please state these exactly

Are you self-employed and would like a loan?

Copy of ID or passport
Last tax invoice - where the definitive income is shown
A current extract from the debt collection register
If available, statements of the secondary occupation
Copy of your partner's last 3 payslips

Do you receive a pension or IV pension and would like a loan?

Copy of ID or passport
Copy of monthly payments from AHV, IV or pension fund
A current extract from the debt collection register
If available, statements of the secondary occupation
Copy of your partner's last 3 payslips