- BenutzernameMoneyland User Questions
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- Beiträge2142
March 27, 2017, 2:07:09 PM
Is it technically possible to have more than one loan at the same time in Switzerland?
More than one loan at the same time in Switzerland
Here you will find the right answers
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- BenutzernameMoneyguru von moneyland.ch
- OrtSchweiz
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- Registriert seit8/4/15
- Beiträge4002
March 29, 2017, 2:02:34 PM
Greetings,
It is possible to be approved for more than one loan simultaneously if your creditworthiness is good enough.
According to statistics released by the ZEK in 2015, aroudn 14.4% of Switzerland's residents are servicing two loans. Aroung 3.3% of residents have more than two loan agreements.
In some circumstances it can make sense to replace your existing loan with a larger loan through refinancing, rather than getting two separate loans.
Best regards from Moneyguru
More on this topic:
Loan refinancing explained
Loan refinancing calculator
Personal loan comparison
