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Longest loan term

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Forum Banking Forum Loans & Leasing Longest loan term

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BenutzernameMoneyland User Questions
Status Member
Registriert seit1/27/17
Beiträge2145

February 16, 2017, 4:27:29 PM

I want to get a loan with the longest possible loan term. What is the longest loan term available?

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

February 17, 2017, 2:00:56 PM

Hi there,

Most Swiss lenders require a minimum loan term of 6 months.

The maximum loan term offered by many lenders is 60 months. Some lenders offer loan terms as long as 72 months, while a handful of lenders offer loan terms of up to 120 months.

However, getting a loan with a long term is not advisable because the longer the loan term is, the high the total cost of the loan will be.

The unbiased interactive loan comparison on moneyland.ch is Switzerland's most complete and lets you select the loan term you need. Only loans which are available with the loan term you specify are included in results.

Best regards from Moneyguru.