Swiss credit for the self-employed

The self-employed are always somewhat disadvantaged in the area of ​​loans. The banks and savings banks are very reluctant to grant loans to them. And if you want to get hold of one of these, all the framework conditions must be right.

The company that the self-employed has to run very well and in the black, the borrower’s Credit Bureau must be positive and he must be able to provide sufficient security. This is not always easy for a company, as it usually takes out the loan to invest in its company. And you usually have to do this when things are not going so well. In spite of all this, in many cases a loan cannot be waived and those who do not easily get financial support from the banks and savings banks then look for other options for borrowing.

Switzerland as a donor?

Switzerland as a donor?

Many seekers then look hopefully towards Switzerland because they know that the banks based there are quite generous with regard to a loan. And this hope is also appropriate. Because in Switzerland, people like to grant loans to foreign customers. Provided, of course, that these provide sufficient security that can be found off the beaten path. Because Credit Bureau cannot be queried from Switzerland, so the data stored there cannot be used for borrowing. But is there also a Swiss loan for the self-employed? Or are you not as lucky as a self-employed person in Switzerland?

A difficult task

A difficult task

A Swiss loan for the self-employed cannot be taken for granted. After all, foreign credits are only granted to people who have a fixed income from a permanent position. As a self-employed person you do not have exactly this fixed income. Especially not if you run your own company and are therefore always dependent on sales. A Swiss loan for the self-employed is therefore actually not possible.

There are exceptions

There are exceptions

However, there are always exceptions to a fixed rule. This also applies to a Swiss loan for the self-employed. This can be included if the company that runs the self-employed is on firm feet and is therefore recognized as security by the banks. The Swiss loan for the self-employed could also be successful if one is willing and able to involve a co-applicant to borrow. In the best case, this has a fixed income and is not self-employed. Then the Swiss bank that is supposed to grant the loan has fulfilled all the requirements that it would really like to see.

This can be expected

This can be expected

No money is given away in Switzerland either. Therefore, only large and well-known companies will receive large amounts of credit. Anyone who asks for a loan as a self-employed person will usually have to settle for a small sum of up to 5,000 dollars. In many cases, you can’t make big leaps with it. But the money could be a good start, paving the way for further investments. Because if it is possible to use this money to put the company on a more secure footing, banks in Germany will again be interested in granting a loan.

Swiss credit without Credit Bureau and without upfront costs

If customers are creditworthy, it is usually not a problem to take out a loan from banks based in Germany. The whole thing becomes a little more difficult if consumers have had bad credit in the past due to negative payment behavior and no longer get credit from German banks.

For consumers who are only rejected when it comes to credit inquiries in Germany, the alternative is to try a Credit Bureau-free loan. The Swiss loan without Credit Bureau and without upfront costs is suitable for loan seekers who do not need more than a small loan. Our article deals with details about Swiss credit without Credit Bureau and without upfront costs. Here you can find out what is important and what consumers should consider.

Who grants a Swiss loan without Credit Bureau and without upfront costs?

Who grants a Swiss loan without Credit Bureau and without upfront costs?

Many consumers believe that Swiss credit comes from Switzerland. This has not been the case for a long time. There is currently a bank in Liechtenstein that offers Swiss credit without Credit Bureau and without upfront costs. Strictly speaking, it is no longer a Swiss loan, but rather a Credit Bureau-free loan from Liechtenstein. Popularly, this loan is still called Swiss credit because it is an offer without Credit Bureau.

The loan seekers who want to take out a Credit Bureau-free loan are also not interested. It does not matter whether the loan comes from Switzerland or from another country in the German-speaking area. It is only important that the Credit Bureau remains outside. For some who want to take out a Swiss loan without Credit Bureau and without upfront costs, it is important that Credit Bureau is not requested and for others it is important that no report is sent to Credit Bureau.

The Credit Bureau-free offer from Liechtenstein is a small loan of either 3,500 or 5,000 dollars. So just enough to compensate for the overdraft facility or to pay a spontaneous bill. For some consumers who no longer get credit in Germany due to their negative Credit Bureau, Credit Bureau-free credit is a lifeline.

Pay attention to the seriousness of the credit intermediary

Pay attention to the seriousness of the credit intermediary

If you want to apply for a Credit Bureau-free loan, it is best to contact a reputable credit broker. Seriousness is important in this context, because only reputable credit brokers provide Credit Bureau-free loans without charging any upfront costs. Therefore, consumers should not believe the empty promises of credit intermediaries who promise a loan even for difficult cases or the unemployed.

Swiss credit without Credit Bureau and without upfront costs also requires the credit applicants to be creditworthy. However, this is not measured on the basis of the applicant’s Credit Bureau information, but on the basis of his permanent position and the resultant attachable income.

Serious credit brokers do not promise Swiss credit for everyone without Credit Bureau. They only calculate their commission if they have successfully brokered a loan. Not every customer who wants to take out a loan without Credit Bureau ultimately gets it. Processing a request and creating an offer should, however, be free of charge and non-binding for the customer.

If the credit applicant’s creditworthiness allows, it is no problem to get a Swiss loan without Credit Bureau and without any upfront costs through a credit intermediary. However, this loan is usually significantly more expensive than comparable small loans from German providers. The interest for the Credit Bureau-free loan is higher and a commission has to be paid for the placement, which makes the loan even more expensive.

The loan without Credit Bureau is always suitable for German loan seekers if they do not have a solvent guarantor or if strangers do not want to burden their financial problems. If you only need a small loan, the Swiss loan without Credit Bureau is the perfect solution.