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It Seems Revolut is now offering loans. Are these loans also available in Switzerland? What are the pros/cons? Thanks for your help.
Revolut users in the UK can apply for loans from UK peer to peer lender Lending Works through the Revolut mobile app.
Revolut is not the lender. It simply makes Lending Works loans available to its UK users.
At the moment, the loans are limited to Revolut users who are UK residents. Revolut does not offer loans in to users in Switzerland at this point in time. Lending Works loans provided to UK residents are not governed by the Swiss consumer credit law.
The process and requriements for applying for Lending Works loans through Revolut are similar to applying for peer to peer loans in Switzerland.
