{"id":9276,"date":"2013-09-13T08:13:31","date_gmt":"2013-09-13T08:13:31","guid":{"rendered":"https:\/\/multicredit.ch\/wp\/credit-a-la-consommation\/"},"modified":"2020-04-03T15:11:04","modified_gmt":"2020-04-03T15:11:04","slug":"credit-a-la-consommation","status":"publish","type":"post","link":"https:\/\/multicredit.ch\/en\/credit-a-la-consommation\/","title":{"rendered":"A line of credit"},"content":{"rendered":"<h2><span class=\"ez-toc-section\" id=\"What_is_a_line_of_credit\"><\/span>What is a line of credit?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A <a href=\"http:\/\/creditloan.ch\/line-of-credit\" target=\"_blank\" rel=\"noopener\">line of credit<\/a> is a term designating any loan accorded by a bank (or any financial institution) to:<\/p>\n<ul>\n<li><b>Individuals<\/b>: in that case, we&#8217;ll talk more likely of a personal loan rather than a line of credit.<\/li>\n<li><b>Business<\/b>: a business loan can be granted either to big companies or small business, and even to <a href=\"http:\/\/www.creditloan.ch\/independant-credit\" target=\"_blank\" rel=\"noopener\">independants<\/a>.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Interest_rate\"><\/span>Interest rate<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In Switzerland, the <b>interest rate of a line of credit<\/b> is not always the same as in other countries. For a personal loan, the interest rate vary depending on the budget of the borrower. Generally, this rate vary <b>from 7.9% to 14.5%<\/b>, but most loans are obtained with an interest rate of 12.5%. The interest rate is fix during the whole line of credit, and so are the monthly reimbursments. For example:<\/p>\n<ul>\n<li>A 10,000 Chf loan over 24 months, with an interest rate ot 11.9%<\/li>\n<li>You&#8217;ll pay 470 Chf \/ month over 2 years<\/li>\n<li>The total interest cost will be of 1,280 Chf<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Need_a_line_of_credit\"><\/span>Need a line of credit?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In Switzerland, you don&#8217;t have to justify the reason why you are requesting a line of credit. That mean you can apply for a loan whathever your project is: new car, holidays, paying a bill, &#8230; If you need a personal loan, do not hesitate to apply for a line of credit towards our partner <a title=\"CreditLoan: your credit in Switzerland\" href=\"http:\/\/www.creditloan.ch\" target=\"_blank\" rel=\"noopener\">CreditLoan<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A line of credit is basically any credit source granted by a financial institution. What are the opportunities to get a line of credit in Switzerland, who can benefit from this service? We offer you some explanations.<\/p>\n","protected":false},"author":4,"featured_media":28927,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[258],"tags":[],"class_list":["post-9276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-credit-en"],"_links":{"self":[{"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/posts\/9276","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/comments?post=9276"}],"version-history":[{"count":1,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/posts\/9276\/revisions"}],"predecessor-version":[{"id":9279,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/posts\/9276\/revisions\/9279"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/media\/28927"}],"wp:attachment":[{"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/media?parent=9276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/categories?post=9276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/tags?post=9276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}