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Old 01.02.2016, 09:54
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PrivatKredit

Any best source for Privatkredit at the moment?
I checked comparis, but it takes me to an application process where they select the best offer, and what they offered me is 8.5% interest rate which I think is very high.
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Old 01.02.2016, 10:01
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Re: PrivatKredit

AFAIK Migros Bank with 5.9%


You may also try this other comparison site: http://www.moneyland.ch/en/personalLoan/index
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Old 01.02.2016, 10:16
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Re: PrivatKredit

Also other question is , is it a good idea to take a kredit with unemployment insurance included, or are there third party insurance companies for this ?
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Old 01.02.2016, 10:33
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Re: PrivatKredit

This company offers such a credit with protection against unemployment:

https://www.cashgate.ch/de/spezialpr...ashgateprotect
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Old 01.02.2016, 10:54
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Re: PrivatKredit

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Also other question is , is it a good idea to take a kredit with unemployment insurance included, or are there third party insurance companies for this ?
To answer that question, you gotta weigh the probability of you being unemployed over the term of the loan VS the payout and the probability implied by the insurance premium.

Usually it's not a good idea specially given that in Switzerland if you were to be unemployed you would receive RAV payments anyway which should give you enough of a cushion until you find the next job.
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Old 01.02.2016, 11:40
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Re: PrivatKredit

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AFAIK Migros Bank with 5.9%


You may also try this other comparison site: http://www.moneyland.ch/en/personalLoan/index
I agree with this.

I borrowed quite a big heap from Migros back in 2013. They were really cool and easy to deal with. I filled in the application online, submitted the various documents they wanted by snailmail and the money was on my account pretty much the very next day.

I later realizted I had borrowed more than I needed (call that reverse Switzerlanded?) and premature repayment was no trouble either.
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Old 02.02.2016, 13:57
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Re: PrivatKredit

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To answer that question, you gotta weigh the probability of you being unemployed over the term of the loan VS the payout and the probability implied by the insurance premium.

Usually it's not a good idea specially given that in Switzerland if you were to be unemployed you would receive RAV payments anyway which should give you enough of a cushion until you find the next job.
But are there any third party credit insurance companies?
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Old 02.02.2016, 14:58
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Re: PrivatKredit

There are insurance companys but mostly for companys who give a credit.
There is a lot of money to be made, this is not the case if you get a credit for 10000 sfr.
Most companys, who offer a credit to private person, offer an insurance as well.

Last edited by blackbird; 02.02.2016 at 15:21.
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