Prepayment for loans

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

I saw an advertisement for a lending company. It's very international and runs in many different countries. They claim to be able to clear up all bad credit reports including the ZEK, debt collection register and so on without much hassle. But they require a prepayment of several hundred francs. What do you make of it?

 
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  • BenutzernameMoneyguru von moneyland.ch
  • OrtSchweiz
  • Status Expert
  • Registriert seit8/4/15
  • Beiträge4079

Hi there,

As a rule, trustworthy lenders do not require prepayment of interest or other fees ahead of issuing a loan.

It is also worth noting that only creditors who place entries in a debt collection register can have them removed ahead of schedule.

The personal loan comparison on moneyland.ch includes only trustworthy lenders which provide loans themselves (no brokers) and are registered with Swiss financial regulators.

Making prepayments for loans is always best avoided.

Best regards from moneyland.ch

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Cheap bank accounts with card

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  • 50 KeyClub points as a welcome gift

  • Online private account with debit card

Swiss digital bank

Radicant

  • High interest on your everyday account

  • Best exchange rates

  • Up to 1% of card spending as saveback in the investment portfolio

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Bank WIR Bankpaket Top

  • Free account & card

  • No exchange fees for foreign payments (interbank exchange rates)

  • 24 ATM withdrawals worldwide per year free of charge

Swiss digital bank

Alpian

  • CHF 100 welcome bonus

  • Favorable foreign exchange rates

  • Multi-currency account with Visa card (CHF, EUR, USD, GBP) 

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  • Banking partner: Swissquote & Postfinance

  • CHF 20 trading credit with code «YUHMONEYLAND»

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