{"id":29131,"date":"2025-06-24T20:30:23","date_gmt":"2025-06-24T20:30:23","guid":{"rendered":"https:\/\/multicredit.ch\/?p=29131"},"modified":"2025-06-24T21:21:53","modified_gmt":"2025-06-24T21:21:53","slug":"newcomer-credit","status":"publish","type":"post","link":"https:\/\/multicredit.ch\/en\/newcomer-credit\/","title":{"rendered":"Newcomer credit"},"content":{"rendered":"\n<p>For a newcomer to Switzerland, obtaining a personal loan generally follows these steps:<\/p>\n\n\n\n<p><strong>1. Choose the right bank or broker, such as MultiCredit<\/strong><br>Large banks (UBS, Credit Suisse, Raiffeisen, Cantonal Banks) offer a wide range of solutions. Smaller institutions or lenders specializing in expatriate loans may be more flexible with new arrivals.<br>\u2013 Compare interest rates, application fees and terms (loan duration, maximum amount, required life or disability insurance\u2026).<\/p>\n\n\n\n<p><strong>2. Compile your application file<\/strong><br>For a non-diplomatic resident, the bank will typically require:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A valid residence permit (B or C)<\/li>\n\n\n\n<li>A permanent employment contract (or, for a fixed-term contract, proof of possible renewal)<\/li>\n\n\n\n<li>Your last three payslips and, if available, an employer\u2019s certificate<\/li>\n\n\n\n<li>Bank statements for the past 3\u20136 months<\/li>\n\n\n\n<li>Proof of address (rental contract, rent receipt)<\/li>\n\n\n\n<li>A financial plan detailing your monthly income and expenses<\/li>\n<\/ul>\n\n\n\n<p><strong>3. Simulation and interview<\/strong><br>\u2013 Run an online or in-branch simulation to receive a preliminary offer.<br>\u2013 Then schedule a meeting with a banking advisor: they will review your collateral, assess your repayment capacity (max. about one-third of your income) and refine the offer.<\/p>\n\n\n\n<p><strong>4. Decision and fund disbursement<\/strong><br>\u2013 After submitting a complete file, the bank\u2019s decision usually takes 2\u20134 weeks.<br>\u2013 Once approved, the bank prepares the loan agreement; signature and disbursement follow within a few days.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_diplomats_get_credit_faster\"><\/span>Why diplomats get credit faster<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Diplomats (staff of foreign missions, the UN, the EU, etc.) enjoy a special status in Switzerland:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Diplomatic passport and headquarters agreements<\/strong> grant the bank enhanced legal and financial security.<\/li>\n\n\n\n<li><strong>State guarantee<\/strong>: their sending country often guarantees repayment, drastically reducing the bank\u2019s risk.<\/li>\n\n\n\n<li><strong>Accelerated process<\/strong>: without the standard solvency check, the bank can approve a loan in just a few business days.<\/li>\n\n\n\n<li><strong>Dedicated offers<\/strong>: MultiCredit has extensive experience arranging financing for diplomats.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Key takeaways<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>For an ordinary new arrival, prepare a solid file (permit, payslips, bank statements, guarantees if needed) and allow 2\u20134 weeks for approval.<\/li>\n\n\n\n<li>For a diplomat, simply presenting the diplomatic card and a letter from the mission often secures a loan within a week\u2014or even faster\u2014under privileged conditions.<\/li>\n<\/ul>\n\n\n\n<p>Feel free to contact multiple banks to compare offers and, where available, request special expatriate or diplomat packages.<\/p>\n\n\n\n<p>\ud83d\udcac <strong>Get started!<\/strong> Reach out today to kick off your personal loan.<br>\u201cNearly 700 reviews since 1999 and a 4.8-star rating on Google Business: proof that your loan is in safe hands!\u201d<\/p>\n\n\n\n<p><em>Article by<a href=\"https:\/\/ch.linkedin.com\/in\/m%C3%BCn%C3%BCr-aslan-credit-leasing-factoring\/en\" target=\"_blank\" rel=\"noopener\"> Munur Aslan<\/a>, Director of MultiCredit<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For a newcomer to Switzerland, obtaining a personal loan generally follows these steps: 1. Choose the right bank or broker, such as MultiCreditLarge banks (UBS, Credit Suisse, Raiffeisen, Cantonal Banks) offer a wide range of solutions. Smaller institutions or lenders specializing in expatriate loans may be more flexible with new arrivals.\u2013 Compare interest rates, application [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":27033,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[786,307,258,264],"tags":[],"class_list":["post-29131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-en","category-car-credit","category-credit-en","category-credit-card"],"_links":{"self":[{"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/posts\/29131","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/comments?post=29131"}],"version-history":[{"count":1,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/posts\/29131\/revisions"}],"predecessor-version":[{"id":29132,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/posts\/29131\/revisions\/29132"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/media\/27033"}],"wp:attachment":[{"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/media?parent=29131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/categories?post=29131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/tags?post=29131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}