Loan from Switzerland for unemployed.

Loan from Switzerland for unemployed.

December 19, 2019 0 By admin

There are several ways to borrow money from banks. First there are the branch banks, followed by the online financial institutions. However, whichever route is chosen, the applicant’s creditworthiness is checked at private credit checker.

Here in Germany it is unfortunately the case that a small unpaid invoice is enough to reject a loan application. A rescue comes from Switzerland, however, because you are not interested in private credit checker, but what happens if the applicant is unemployed?

Loan from Switzerland for the unemployed

Loan from Switzerland for the unemployed

A loan from Switzerland for the unemployed is generally rejected. Even if no creditworthiness is checked, rules also apply to banks in Switzerland. The most important thing is that the applicant must have a permanent job. It must not be terminated or limited. The applicant must provide proof of this with a copy of the employment contract and the latest salary or wage slips. An unemployed person can show neither an employment contract nor a pay slip. A request is blocked directly from the intermediaries.

A loan from Switzerland is often the last resort for all other people. At least small wishes can be fulfilled, because the loan amount is limited with this loan. In most cases, the banks only grant a loan of around 3,500 USD. But that can sometimes be enough to fill a financial gap.

Why is there no Lite lender loan for the unemployed?

Why is there no Swiss loan for the unemployed?

The unemployed usually have no money left to pay installments for anything. Sometimes the money from the employment offices or from the bank is barely enough to live on. But the most important point is the lack of security, because social benefits must not be seized. If the installments are not paid, the banks have little chance of getting their money. Not even the banks in Switzerland are ready to lend without collateral.