Comparis loan requirements shows that If you are currently in debt collection or have declared bankruptcy, you cannot apply for a loan through this app. This policy is in place to protect both the lender and the borrower.
Introduction
Comparis is a loan app in Switzerland that helps people find the right loan. It offers easy ways to apply for loans with interest rates starting at 4.9%.
This makes it a good choice for anyone looking to borrow money at a reasonable cost.
To start using the app, you can visit the website at comparis.ch. Here, you can submit a request for a loan. The best part is that this process is free, and you don’t have to commit to anything.
This means you can explore your options without any pressure. After you submit your request, it goes to a company called Credaris. They specialize in reviewing loan applications.
Credaris will look at your financial situation, including your income and credit history. This review helps them understand which loan products you may qualify for.
After checking your information, Credaris will give you an overview of your options and a loan offer that fits your needs.
it works with several well-known banks in Switzerland, which allows you to choose from a variety of loan products. Some of these banks include Cembra Money Bank, Migros Bank, Bank-now, bob Finance, Cornèr Bank, and Mobilize Financial Services.
Because of these partnerships, you can borrow amounts ranging from CHF 1,000 to CHF 250,000, depending on what you need.
The loan terms are also flexible, ranging from 6 to 120 months. This means you can pick a repayment plan that works best for your budget. Interest rates can vary from 4.9% to 10.95%, so you have different choices based on your credit score and loan terms.
Using the Comparis loan app is easier than applying directly through banks. It offers a simple platform where you can compare different loan offers from multiple banks. This way, you can find the best deal for yourself.
In summary, they makes the loan process simpler in Switzerland. It helps you get the financial support you need without a lot of hassle.
With its user-friendly service, you can quickly find the right loan for your situation and start your journey towards achieving your financial goals.
History and overview
Comparis has been working since 1996 and is one of the top online comparison services in Switzerland. Richard Eisler is the founder and CEO of the company.
From the beginning, Comparis has focused on helping people make smart choices that fit their needs, saving them both time and money.
The website receives about 80 million visits, making it one of the most popular sites in Switzerland. This shows that many people trust Comparis to find the best deals on various services.
At comparis.ch, users can easily compare different offers from providers of health insurance, other types of insurance, and financial services.
This feature helps people find the best loans, insurance plans, and other financial products that suit their situation.
The site is designed to be user-friendly, so visitors can navigate through the different services without difficulty. By giving clear information and easy comparisons, they empowers users to choose the best options for themselves.
Over the years, it has built a strong reputation for being reliable and accurate in its comparisons. It has become a trusted resource for anyone looking for financial and insurance solutions in Switzerland.
The company keeps improving its services to meet the changing needs of its users, which helps it stay a leader in the online comparison market.
In summary, Comparis makes it easier for people in Switzerland to find the best deals and make informed decisions about loans and insurance, helping them save money and time.
Requirements
Residence Permit for Non-Citizens
In this loan app, non-citizens must have a valid residence permit to apply for a loan. Unfortunately, if you do not have this permit, you cannot qualify for a loan through the app.
This requirement is in place because lenders need to ensure that borrowers have legal permission to reside in the country.
A valid residence permit shows that you are legally living and working in the country, which helps lenders assess your ability to repay the loan. Therefore, having a residence permit is essential for non-citizens who wish to apply for loans.
Credit Capacity Between 500 to 80,000 CHF
The loan app allows borrowers to apply for loans with a credit capacity ranging from 500 to 80,000 CHF. This means you can request a small loan of 500 CHF for minor expenses or a larger amount of up to 80,000 CHF for significant needs, like buying a car or funding a project.
The specific amount you can borrow within this range will depend on your financial situation, including your income, credit history, and ability to repay the loan.
This flexible credit capacity makes the app suitable for a wide range of borrowers, whether you need a little extra cash or a more substantial loan.
Must Have Occupation
To apply for a loan through the app, you must have a job or a reliable source of income. This requirement ensures that you have the means to repay the loan you take.
Lenders want to see that you have a stable occupation because it helps them assess your ability to make regular payments. Whether you are employed full-time, part-time, or self-employed, having a job demonstrates your financial responsibility.
This increases your chances of getting approved for the loan you need, as lenders are more confident that you will be able to pay back the money.
Debt Collection/Bankruptcy
If you are currently in debt collection or have declared bankruptcy, you cannot apply for a loan through this app. This policy is in place to protect both the lender and the borrower.
Being in debt collection means that you have not paid back your previous debts, which raises concerns about your ability to repay a new loan. Similarly, declaring bankruptcy indicates serious financial trouble, making lenders hesitant to provide more credit.
Alimony
If you are receiving alimony, it can be considered as part of your income when applying for a loan. Alimony is financial support that one spouse pays to another after a divorce or separation. Lenders may take this into account to assess your overall financial situation and ability to repay the loan.