Private Credit: the tailor-made solution for your financial needs
Common reasons for applying for private credit
Buying a new or used car
If you are looking to purchase a vehicle for your family or personal needs, Private Credit may be the ideal solution to obtain affordable financing tailored to your repayment capacity.
Planned expenses
Whether you're renovating your home, tackling a move or carrying out a long-term project, Private Credit can provide the funds you need to deal with planned expenses in a smooth manner ensuring that you can manage your projects long term and without financial stress.
Unexpected expenses
Life is full of unexpected events, and sometimes you need to deal with unplanned expenses such as health interventions or other emergencies. With Private Credit, you can get instant liquidity to cope with such situations without having to compromise your financial stability.
Credit redemption
Private Credit allows you to consolidate existing debts such as loans, leases and credit cards into a single loan. In addition to simplifying payments, this option can offer more favourable terms, giving you more control over your overall financial situation.
Increase current credit
You have the opportunity to increase the amount of your private credit by managing several credits at the same time if your financial situation allows it. The application procedure is similar to the first credit, but it is essential to declare the existing credit as an expense in the budget or budget.
Personal training
Investing in your training is an important step towards success. Private Credit can financially support you in meeting the costs of language courses, training programmes or even university enrolment, allowing you to invest in your future.
Purchase of luxury goods
If the desire to own luxury goods such as watches, jewellery, works of art inspires you, or you want to make a special gift to your loved ones for significant occasions such as graduations or weddings, a private credit can be the ideal solution to make these dreams come true in a reasonable and affordable way.
We are here to support you in getting what you want while maintaining a healthy financial balance
3 fundamental points you need to know
These three points are fundamental to approaching a bank loan application correctly and avoiding mistakes that could cause even serious financial problems in the future.
Am I eligible to apply for a Credit?
The first thing to do before applying for credit with any Swiss bank or licensed broker is to make sure that you are eligible for credit in Switzerland.
This is very important as any refusal by the bank will be recorded in your personal profile and will have negative repercussions on any future loan applications.
In addition, each bank has different criteria, so it is important to rely on a competent professional who can advise you whether and to which bank to submit your application.
.
What amount to request from the bank?
A question that would seem obvious to answer, if you want to buy a car or renovate the kitchen of your house the amount needed will be very clear in your head right?
However, very often we find that our customers have other open balances such as leases, credit cards, goods bought in instalments, on which they pay interest.
In fact, 80 per cent of people pay more interest overall than they should.
Before applying for a loan at the bank, it is therefore good practice to make an analysis of the overall situation of current outstanding debts, in order to optimize the interest payout.
Together with you, our experts will draw up an overview of your financing and advise you on the best and most convenient solution for you before making an application to the bank.
Which repayment plan to use?
Choosing the right repayment plan is absolutely crucial and not easy.
On the one hand, you should avoid a period that is too long, the monthly repayment will be less and thus weigh less on your pocket each month, but this will result in an excessive interest payment and thus a higher cost of money for you.
On the contrary, a plan spread out over too short a period, therefore with higher monthly payments, could cause difficulties in paying your instalments and lead you into a situation of financial straits and enter a vicious financing cycle that in some cases leads to over-indebtedness.
Our experts have more than 20 years of experience in the sector and will give you all the information you need to make the right decisions for you and your family. They will present you with the best solution and will also follow you in the future, so if your situation or that of the market should change, you will always be sure to benefit from the best possible conditions.
Get in Touch
The consultation is completely free
Zürich,
Usteristrasse 21
Olten,
Ziegfeldstrasse 36
+41 79 222 34 27
+41 79 240 04 23
olten@akmanfinance.com