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BenutzernameMoneyland User Questions
Status Member
Registriert seit1/27/17
Beiträge2142

October 30, 2017, 5:30:20 PM

Is it possible to apply for an instant cash loan on moneyland.ch?

BenutzernameMoneyguru von moneyland.ch
OrtSchweiz
Status Expert
Registriert seit8/4/15
Beiträge4063

November 2, 2017, 4:41:35 PM

Hi there,

The Swiss consumer credit law dictates that lenders must wait 2 weeks before paying out a loan to give the borrower time to reconsider. because of this, it is not possible to get instant personal loans.

However, when money is urgently needed, it is possible to get a cash advance using a credit card if you have one. The cash advance fees and high interest rates make credit cards an expensive option for getting loans. However, this is the only way to get an instant cash loan aside from getting a private loan from friends or family.

Best regards from Moneyguru

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