Private credit

fromsiggenthal · #1 03.09.2009, 12:53

Hi all,

I'm planning to apply for a private credit of 40000 CHF with 2 years time limit for payback. Can you please let me know if you know any bank or financial institute whch can offer a loan with less interest.

Thanks in advance.

Boxman · #2 03.09.2009, 12:54

www.comparis.ch would be right up your street

fromsiggenthal · #3 09.09.2009, 14:07

	Quote:	fromsiggenthal
	Hi all, I'm planning to apply for a private credit of 40000 CHF with 2 years time limit for payback. Can you please let me know if you know any bank or financial institute whch can offer a loan with less interest. Thanks in advance.

Hi all,

Now I have applied for the credit of 40000 chf with a interest of 8.5% in time span of 2 years. The bank will take 3500 for the interest and other costs for this 2 years. Is this a good deal do you think?

pk01 · #4 09.09.2009, 14:35

with the current swiss national bank interest rate at 0.25%, it def. good deal for the bank!!
not sure if its good deal for you

magic · #5 09.09.2009, 14:49

	Quote:	fromsiggenthal
	Hi all, Now I have applied for the credit of 40000 chf with a interest of 8.5% in time span of 2 years. The bank will take 3500 for the interest and other costs for this 2 years. Is this a good deal do you think?

Definitely not a good deal!

dino · #6 13.09.2009, 09:13

	Quote:	fromsiggenthal
	Hi all, Now I have applied for the credit of 40000 chf with a interest of 8.5% in time span of 2 years. The bank will take 3500 for the interest and other costs for this 2 years. Is this a good deal do you think?

it's a WONDERFUL deal.
for the bank ...

Goldtop · #7 13.09.2009, 11:23

	Quote:	fromsiggenthal
	Hi all, Now I have applied for the credit of 40000 chf with a interest of 8.5% in time span of 2 years. The bank will take 3500 for the interest and other costs for this 2 years. Is this a good deal do you think?

Depends on collateral and borrower's credit rating.

Goldtop · #8 13.09.2009, 11:36

According to comparis:
http://www.comparis.ch/banken/privat...00&duration=24
the cheapest rate is 8% (Berner KB) and can be up to 15% (GE Money Bak).