All posts by credxperts

Loans as a tool, not a burden Loans have an ambivalent reputation in Switzerland. For some they are a necessary evil, for others a strategic instrument. The difference lies not in the loan itself, but in the way it is planned. Responsible borrowers use credit: Used correctly, credit can: In this article, we show how long-term financial planning can be more...

Companies today are heavily dependent on stable IT systems. Whether internal processes, online platforms or customer communication - without a reliable infrastructure and competent technical support, business operations can quickly come to a standstill. Diffit is a provider that specialises in precisely these areas. The company supports companies in the planning, implementation and support of modern IT environments. Further information more...

Why many good borrowers are still rejected Every year, thousands of loan applications are rejected in Switzerland - and not because the applicants are unable to pay. In very many cases, approval fails due to avoidable mistakes: incorrect assumptions, unstructured enquiries or a lack of preparation. This is particularly annoying because: A rejection worsens the starting position for further applications. In more...

Why creditworthiness is more than just a number "My credit rating is good." Banks and credit brokers in Switzerland hear this sentence very often. But many applicants don't realise this: Creditworthiness is not a single value, but the result of an overall assessment of several factors. Two people with identical incomes can have the same credit rating: The reason lies in creditworthiness - and in the fact that more... more...

Credit with a B permit was a sensitive issue in Switzerland for a long time. While Swiss citizens or people with a C permit were usually able to apply for a personal loan without any complications, stricter guidelines applied to people with a B residence permit. However, we at credxperts.ch are now observing a new development: 👉 Some banks are currently only considering loan applications with a B permit for 24 months or more more...

The biggest mistake when comparing loans "I'll just take the loan with the lowest interest rate." We hear this statement almost every day at credxperts.ch - and it is one of the most common reasons why borrowers are later dissatisfied or even get into financial difficulties. Of course, the interest rate plays an important role. But in the Swiss credit market, the most favourable interest rate is more... more...

Why existing obligations are not an automatic exclusion criterion Many people in Switzerland assume that a new loan is not possible if they already have financial obligations. These include: This assumption is understandable, but in most cases it is wrong. In practice, Swiss banks regularly grant loans despite existing obligations - not indiscriminately, however, but more... more...

When neither traditional selling nor a loan are possible An unexpected tax bill, a major repair or a short-term liquidity bottleneck: unplanned expenses rarely come at the right time. It becomes particularly difficult when the bank rejects a loan application in such cases. A negative extract from the debt enforcement register or a poor credit rating are often enough for traditional credit solutions to be cancelled. Car drivers in particular more...

Why interest is the underestimated cost factor Many borrowers in Switzerland pay particular attention to the monthly instalment when applying for a loan. What is often overlooked is that the interest rate determines the total costs - and can make a difference of several thousand francs over the term of the loan. Especially with older loans or unstructured financing, many households pay more: The good news is that interest rates are more...

Why loan top-ups are often underestimated Many borrowers in Switzerland face the same situation at some point: the existing loan is running smoothly, the instalments are paid on time - but new financial needs arise. Be it through: In such cases, many people immediately think about a new loan. However, an increase in credit is often a much better, cheaper and safer option more... more...