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Obtaining a loan despite past debt enforcement proceedings is difficult in Switzerland, but not impossible. While ongoing debt enforcement prevents borrowing from official providers, as…

The term “credit insurance” refers both to protection for individuals against payment difficulties with loans and to protection for companies against default risks. Credit insurance…

Credit fraud is a catch-all term for a range of criminal acts designed to make financial gain by exploiting lending processes. The 5 most common…

The Swiss Consumer Credit Act (FLCC) regulates the granting of personal loans between CHF 500 and CHF 80,000 to protect consumers from over-indebtedness and ensure…

Microloans are small business loans that provide microenterprises and self-employed people with access to finance without the usual bank collateral. In Switzerland, microloans typically range…

In Switzerland, interest on various types of loans may be deducted from taxable income. This applies to both direct federal tax and cantonal tax. The…

A business loan is a financing solution for companies to cover short- or long-term capital requirements. Business loans are also known as corporate loans or…

The credit limit is the maximum amount a person may borrow from a bank or credit institution. This upper limit protects the borrower from over-indebtedness….

The credit check is a necessary assessment for credit applications, inspecting solvency and willingness to pay. The credit check is a fundamental component of a…

A student loan is a loan that is used specifically to cover educational costs. Student loans in Switzerland are characterized by advantageous loan conditions, including…

Refinancing a loan refers to the process of replacing an existing loan with a new, typically more advantageous loan. A loan refinancing enables borrowers to…

Credit debts are financial obligations resulting from taking out loans that must be repaid, including interest and any fees. Credit debt comes in various forms,…