Loans can be approved for people who meet the following criteria:
- Permanently resident in Switzerland
- At least 20 years old and not older than 70 years at the end of the term
- Swiss citizenship or a valid B or C permit
- B permit holders: lived in Switzerland for at least 2 years
- No more than one debt enforcement in the last 3 years
- Monthly main income of at least 3'000 CHF net
- In a position financially to repay the loan
In accordance with the Swiss Consumer Credit Act (CCA), credit approval is generally granted only after a solvency check has been completed and is prohibited if it would lead to excessive debt (Art. 3 of the Swiss Federal Act against Unfair Competition, UWG).
