Loan without credit check in Switzerland: your options and opportunities

The possibility of obtaining a loan without a credit check is an interesting prospect for many consumers in Switzerland. Whether you need to cover unforeseen expenses, finance a personal project or simply have to overcome a financial hurdle – at we understand your needs and the desire to get the loan of your choice without a credit check. However, this idea is not so easy to put into practice, but first we have to go back a bit.

Fundamentals & Relevance of the Topic

What does “credit without credit check” mean?

At first glance, a loan without a credit check seems like a contradiction, especially in a well-regulated financial market like Switzerland . Traditionally, credit checks have been a crucial part of lending, which is the process of assessing an applicant’s creditworthiness and ability to repay. Issuing a loan without this check means that the lender waives the comprehensive review of the borrower’s financial history. This is often mistakenly misunderstood as an offer without any verification. In reality, it usually means using alternative valuation methods or giving less weight to certain aspects of creditworthiness.

>> We help you improve your credit rating .

Why are consumers looking for loans without a credit check?

Woman studying documents of bank for credit check

There are many reasons why people in Switzerland are looking for loans without a credit check:

  • Unexpected financial shortages: Sudden spending can affect anyone, and not everyone has a nest egg on hand.
  • Difficult financial past: Some people may have made mistakes in their financial past and are looking for a second chance.
  • The need for quick resolutions: Sometimes, due to pressing financial needs, it may be necessary to bypass the usual lengthy credit check process.
  • Unconventional financing needs: Standard loans are not always suitable for every project, and innovative projects sometimes require flexible financing solutions.

It is important to note that despite often tempting offers of loans without a credit check, the Swiss Consumer Credit Act (KKG) clearly regulates that lenders are obliged to check the creditworthiness of personal loans in order to protect the consumer from over-indebtedness. You can find out more about this on our information page on the Consumer Credit Act .

Loan options without credit check in Switzerland

Applying for a loan without a credit check: What are the options?

The search for a loan without a credit check in Switzerland often leads to alternative forms of credit that have less stringent requirements for a loan request or loan offer. These are often the following:

  • Personal loans from individual lenders: Here, the terms can be more flexible, as negotiations take place directly between the borrower and the lender.
  • Loans from specialized financial institutions: Some institutions offer loans with simplified verification procedures, but often at higher interest rates.
  • Crowdlending platforms: This is where you borrow money from a group of investors. The creditworthiness criteria can vary and are often less strict than those of a traditional credit institution.
  • Loans to which the CCA does not apply: When it comes to granting a loan of less than CHF 500, for example, the KKG does not apply.

Personal loan Switzerland without credit check: A realistic option?

Personal loans without a credit check in Switzerland are a possibility, but they also carry risks. While they offer flexibility in terms of loan terms, it is important to verify the trustworthiness of the lender and put all agreements in writing. In addition, borrowers should be aware of the higher interest rates, which often serve to compensate for the lender’s higher risk. It is hardly possible to compare loans from one natural person to another, as there are too many differences in terms of other components of the conditions.

Instant loan without credit check: Not possible in Switzerland

Instant loans (not possible in Switzerland anyway) without a credit check entice with the promise of quick liquidity without the usual waiting time. However, it is important to understand that such offers in Switzerland rarely do without some form of credit check. In most cases, “without credit check” means that only a simplified check takes place. It is important to:

  1. Beware of hidden fees: Some providers take advantage of their customers’ urgency to charge high fees.
  2. Read the fine print: Understand exactly what you’re signing to avoid falling into a debt trap.
Bank (credit institution) from the outside

Criteria and limitations for loans without a credit check

Although the term “credit without credit check” suggests a certain freedom from the usual lending standards, the reality is that there are still specific criteria and limitations that borrowers should be aware of. These criteria are not only required by law, but also serve to protect borrowers from over-indebtedness.

  • Minimum income limits: Even loans that offer a simplified credit check often require a regular income. This serves as proof of your ability to repay.
  • Restrictions on the loan amount: Depending on the provider and the product, the maximum loan amounts available may be limited, especially for offers that do not require a comprehensive credit check.
  • Higher interest rates and fees: To compensate for the increased risk that lenders take when they forgo a traditional credit check, they often incur higher interest rates and additional fees. Feel free to use our loan calculator to calculate the possible interest rate differences.

It is essential to take these criteria into account when looking for a loan without a credit check in order to make financially responsible decisions.

The risks and disadvantages

Opting for a loan without a credit check can seem tempting, especially if traditional banks aren’t an option. But it’s important to be aware of the potential risks and drawbacks:

  • Higher costs: As mentioned earlier, such loans can come with higher interest rates and fees, which increases the overall cost of borrowing.
  • Risk of over-indebtedness: Without the usual creditworthiness check, there is a higher risk of overextending yourself financially.
  • Dubious lenders: Some providers take advantage of the desperate situation of loan seekers who, for example, already have negative entries with the ZEK ( ZEK codes ) or the Credit Bureau. It is important to carefully check the seriousness of the lender.

Alternatives to a loan without a credit check

Friends who lend money to each other without checking their creditworthiness

Before deciding on a loan without a credit check, one should also consider alternatives that may be safer or less expensive:

  • The circle of friends as a financial resource: A loan from family or friends can be a flexible and low-interest option. It is important to make clear repayment agreements so as not to strain relationships.
  • Reputable credit alternatives in Switzerland: There are also traditional banks and credit institutions that grant loans to people with lower credit ratings, but at adjusted conditions.
  • Small loans without credit check and other specific types of loans: Caution is advised here as well. Make sure you fully understand the terms and conditions and that the provider is trustworthy.

These alternatives often provide a more secure foundation and can help prevent debt from spiraling out of control.

FAQ: Frequently asked questions about loans without a credit check in Switzerland

Which bank does not check creditworthiness?

In Switzerland, all credit institutions are obliged by the Consumer Credit Act (KKG) to check the creditworthiness of their borrowers for personal loans. Therefore, there are no reputable banks that completely dispense with a credit check. However, some institutions offer simplified verification procedures or special loans for people with lower credit ratings.

Where is there no credit check?

There are specialized financial service providers and online platforms that carry out simplified credit checks or use alternative assessment criteria. However, these offers often come with higher interest rates and fees. In addition, caution should be exercised with offers that completely exclude a credit check, as they do not always comply with Swiss legal standards.

When is a Swiss loan rejected?

A loan application can be rejected for a variety of reasons, including:

  • Insufficient income: If the applicant’s income is not sufficient to cover the monthly installments.
  • Negative credit scores: Poor credit records on credit bureaus can be a hindrance.
  • Over-indebtedness: If pre-existing debts are too high, this can lead to rejection.
  • Legal reasons: For example, if the applicant has an ongoing debt enforcement or has filed for bankruptcy in the past.


Finding a loan without a credit check in Switzerland can not only be challenging, especially due to the strict legal requirements and the protection of consumers from over-indebtedness. It is important to understand that the potential risks and costs of such loans are indeed very significant and it is always important to check whether the conditions are compatible with your personal financial possibilities.

Before deciding on a loan without a credit check, all possible alternatives that may be better suited to your financial situation should be considered. Regardless of the decision, it is essential to act responsibly and ensure that the repayment of the loan does not lead to financial difficulties.

At, we strive to provide you with comprehensive information and comparison options so that you can make the best decision possible. Explore our platform to learn more about your loan options in Switzerland and find a pathway that suits your needs and possibilities. You are also welcome to contact us by e-mail at .

Leave a Comment