La page est en train de chargement

Legitimation cards and loan in Switzerland

Blog | Credit

The legitimation card

A legitimation card is a document delivered to employees of consulate, embassies and NGO’s. This card is a document which attests as to the privileges and immunities to which its holder is entitled; it exempts its holder from the visa requirement during the exercise of his/her functions (source: eda.admin.ch). Tangibly, a legitimation card is a substitute to a Swiss working permit.

Different types of legitimation cards

There are several types of legitimation cards, for example C-type, D-type, or K-type. Those different kinds of cards establish the position of the holder: ambassador, employee in a diplomatic corps, NGO worker, family member of the main holder… Whatever the type of a legitimation card is, this document allows its holder to borrow money through a loan granted by banks or financial companies.

Get a loan with a legitimation card

Personal loans are highly regulated in Switzerland. Foreigners do not always have the possibility to make a loan, depending on the kind of residence permit owned. However, a legitimation card allows its holder to make a loan with the same conditions as a C-Permit owner. Thus, the basic conditions for a loan are:

  • To work in Switzerland since at least 3 months.
  • To be between 18 and 70 years old. A loan must be reimbursed before the age of 70.
  • Do not have any prosecution or insolvency in Switzerland.
  • Do not have bad credit history towards the ZEK.
  • Globally, the loan should not lead the consumer to overindebtedness.

How to apply for a loan?

In Switzerland, it is possible to borrow up to 250’000 Chf, with a repayment duration of 12 to 120 months. If you hold a legitimation card and look to apply for a loan, the easiest way is to ask to a loan bank or to a loan company like Multicredit. Indeed, this last one will help you to get a lower rate for your loan while guaranteeing maximum flexibility.

info
info
photo_phone
Please fill in the form and our consultant will reach out to you as soon as possible!




    photo_phone
    Please fill in the form and our consultant will reach out to you as soon as possible!




      Cashflex MultiCredit Sàrl FINDING THE BEST SOLUTION IN OUR CLIENT’S BEST INTEREST IS OUR FIRST PRIORITY Anonym hat 4,82 von 5 Sternen 330 Bewertungen auf ProvenExpert.com