In this article, we’ve highlighted the top 7 personal loan apps in Switzerland that provides individuals with convenient access to borrowing money for personal use. These apps typically offer a digital platform where users can apply for loans directly from their smartphones or tablets. Through these applications, you can easily submit loan applications, provide necessary documentation, and receive loan approval and disbursement electronically. No delay, no paperwork.
What Personal Loan Apps Exist in Switzerland?
The best personal loan apps that exist in Switzerland include ING, Migros Bank, BCGE, Rabo Bank, Good Finance, Lend Loan, and Bob Credit among others. These apps provide individuals with easy access to loans, with quick online applications, competitive interest rates, and flexible repayment terms. You can apply for loans directly from your smartphones or tablets, eliminating the need for paperwork and delays.
1. ING
ING is our first pick on our top 7 personal loan apps in Switzerland that offers effortless loan access with excellent conditions, appealing interest rates, and a repayment period of 7 years for long-term loans. On your first application, you can obtain up to CHF 20,000, and the process is quick with a fast online application and concessions granted in as little as 15 minutes.
2. Migros Bank
Migros bank is our second pick on our top 7 personal loan apps in Switzerland. With Migros bank, you can easily access loans starting from CHF 1000 up to CHF 100,000, with repayment durations ranging from 6 to 84 months. For you to be eligible, you must be a Swiss citizens, with a minimum age requirement of 18 and a maximum age limit of 64. Applicants are required to have stable employment for a minimum duration of 3 months for monthly salary earners or 6 months for hourly wage earners.
3. BCGE
BCGE offers diverse financial needs, with interest rates ranging between 3.9% and 7.4%. You can easily get funds ranging from CHF 2500 to CHF 80,000 as well, and they have a flexible repayment plan lasting from 6 to 60 months. For you to be eligible you must be at least 18 years old, while the maximum age allowed is 65.
4. Rabo Bank
Rabo Bank offers hassle-free loans with a maximum loan amount of CHF 50,000, competitive interest rates of 5.8% per annum, and a flexible repayment period of up to 5 years. If you apply for loans on Rabo Bank, you will enjoy excellent loan conditions, a swift application process, and quick approvals. Whether it’s for personal or business purposes, Rabo Bank provides loans for any intended use, making it a convenient choice for your financial needs.
5. Good Finance
Good Finance is our fifth pick on our top 7 personal loan apps in Switzerland. Borrowers can access loans starting from CHF 5000 up to CHF 130,000, with repayment terms spanning 12 to 84 months. Eligibility also requires a minimum age of 18 and Swiss citizenship or a valid permit B or C. Applicants should be employed in a non-terminated position, earning a minimum net income of CHF 60,000 per year. Required documents include recent wage statements and a copy of a passport or ID.
6. Lend Loan
Lend Loan is also among our top 7 personal loans apps in Switzerland that also offers a range of interest rates, from a minimum effective interest rate of 4.5% to a maximum of 9.8%. The loan is usually between CHF 5000 and CHF 200,000, with durations ranging from 12 to 84 months. Applicants must be at least 20 years old and have Swiss citizenship or hold C or B residence permits. Regular income and ongoing employment are also required. Necessary documents include a copy of ID card or passport, salary statements, and extract from the debt collection register and they’ll provide you with a suitable loan as soon as possible.
7. Bob Credit
Bob Credit is our final pick on our top 7 personal loan apps in Switzerland and they provide loans with an effective interest rate ranging from 5.9% to 10.9%. The loan amount can range from CHF 1000 to CHF 80,000, with a minimum duration of 6 months and a maximum duration of 120 months. Applicants must be at least 18 years old and have Swiss citizenship or a valid permit B or C for foreigners residing in Switzerland for at least 12 months.
Conclusion
These top personal loan apps in Switzerland have revolutionized the way individuals access and manage loans for personal purposes. These mobile applications offer a convenient and streamlined approach to borrowing money, allowing users to apply, receive approval, and manage your loan applications entirely through your smartphones.
