Borrow the money for a larger purchase
Those who need a loan these days usually go to their house bank to borrow the money for a larger purchase. You can get all sorts of advice from your house bank through a personal conversation and you can also take out such a loan relatively quickly. But if you need your money within a few days, i.e. hours, you have to search the internet for providers who offer instant credit. If you also want a loan that should be approved without Credit bureau’s participation, then the Internet is the right alternative anyway. Whether it is private financial brokers or business agencies that lend their private money on behalf of their clients: The selection is large and you have to be careful who you ultimately trust. It helps that the respective provider has at least the possibility to contact the phone to reduce uncertainties and clarify questions.
Swiss credit institutions are very serious providers.
These broker loans that neither your bank nor Credit bureau learn about. This is particularly advantageous if a German bank has to fail a loan due to lack of creditworthiness. However, a Swiss loan is also subject to certain conditions. The applicant must have German citizenship and be at least 18 years old. If he is male and under 23 years of age, a military service certificate must also be presented. The maximum age is 58 years, in the new federal states 55 years. A mandatory prerequisite is a regular income, which must be proven by submitting the pay slips and paid to an account with a bank in Germany.
Employed and the unemployed cannot receive a Swiss loan
The applicant must be in permanent employment with his employer and have been employed there for at least one year. Conversely, this means that pensioners, the self-employed and the unemployed cannot receive a Swiss loan. If someone is paid by the hour, an annual certificate with the annual amounts accrued must be presented. However, there are also situations in which such a loan is not granted. This is the case if the income falls below the mortgage-free limit or if the borrower is obliged to support five or more people. In this case, it doesn’t matter what the earnings are. If, however, the requirements for obtaining a loan without Credit bureau have been met, the application can be completed and sent via the Internet.
Lender in advance of the contract
The modalities of the loan are then agreed with the lender in advance of the contract. The term of a Swiss loan is usually 40 months, with the rates being the same and the interest remaining unchanged during the term. It should also be mentioned that a Swiss loan is not limited to a household, but that the spouse can also apply for this loan if the requirements are met. The loan approval is usually made within a few hours with an instant loan. The money can be paid out by post or to the checking account.