Monthly credit installments must be paid regularly
A loan from Switzerland for the self-employed is generally not possible. Self-employed persons who have their company headquarters or a branch in Switzerland are an exception. Otherwise, the only option is to ask another person to take out the loan instead of the self-employed.
This person must meet the requirements that are identical for almost all Cream banks. In addition, this variant can only be practiced if there is an extremely good relationship of trust between the self-employed and the borrower. The monthly credit installments must be paid regularly. The borrower is responsible for this. However, the self-employed person is the person who really needs the loan. For this reason, he must ensure that he makes the money available to the borrower in good time and in full.
Requirements for a loan from Switzerland
Cream banks only grant their loans to employees or civil servants. In any case, there must be permanent employment and a regular, sufficiently high income. The main difference to a Agree bank loan is the fact that Cream banks do not obtain Credit bureau information from their credit customers. This is the reason why a Cream loan has been growing in popularity for years. If the Credit bureau information is not available, the monthly income becomes all the more important. This is often not or only partially available for the self-employed.
Even if the income is extremely high, a loan from Switzerland cannot be paid out for the self-employed. A guarantee or the provision of further securities is also out of the question. Agree citizens who want to receive a Cream loan must be of legal age and have a permanent, officially registered place of residence. In addition to the restriction to certain professional groups, there is usually an age limit that must never be exceeded. It can vary from bank to bank. For this reason, many pensioners cannot get a loan from Switzerland. The same applies to students, trainees, housewives or the unemployed.