Loans for pensioners and senior citizens in Switzerland – Optimal credit despite old age

Are you in a well-deserved retirement and looking for financial flexibility? Then you’ve come to the right place! With us, you will find the optimal loan that suits your stage of life. Regardless of whether you want to live on a small supplementary pension or make your dreams come true in old age – we will show you how to get your dream loan despite old age, because we are your partner when it comes to senior citizen or pensioner loans.

Why a loan for pensioners? Needs and opportunities

Seniors on a park bench

The need for financial flexibility doesn’t stop when you retire. On the contrary, many pensioners and senior citizens in Switzerland are faced with new financial challenges or desires, as disposable income usually initially decreases when they retire. Maybe you want to go on a long-awaited trip, finance a hobby, or cover unforeseen expenses. This is where the possibility of a loan comes into play, so that you don’t have to give up anything.

A personal loan for retirees opens up numerous possibilities:

  • Realization of personal projects: From the classic example, the holiday, to the purchase of new furniture, you can make your dreams come true.
  • Financial Security: For unforeseen expenses such as medical treatment due to illness or accident or repairs, a loan provides the necessary financial leeway.
  • Rescheduling of existing liabilities: Retirees can benefit from more favorable conditions by rescheduling existing loans.

The challenge often lies in being recognized as creditworthy by banks and credit institutions. But don’t worry, at we specialize in accompanying seniors on their way to the optimal loan. We understand the needs of retirees and know how to maximize your chances of being approved.

Basic requirements for a senior citizen loan

In order to obtain a loan as a senior citizen in Switzerland, certain basic requirements must be met. These prerequisites ensure that advanced borrowers are financially able to meet their loan obligations.

Swiss Loan for Pensioners: What You Need to Know

When it comes to Swiss loans for pensioners, transparency and fairness are paramount. The following points are crucial to get an application for a retirement loan approved:

  • Proof of income: Proof of pension notices or other regular income must be provided.
  • Positive creditworthiness: No negative ZEK codes or, in Germany, a clean Schufa score and the absence of other debts increase the creditworthiness.
  • Residence in Switzerland: A permanent residence in Switzerland is required for the loan to be granted.

Loans with immediate approval for seniors (not possible in Switzerland)

Loans with immediate approval are generally not possible in Switzerland. However, you can speed up the withdrawal process by:

  • All required documents are available digitally.
  • The online application process is completed completely and truthfully.

Loan options with little pension

Even with a low pension, a loan is not out of reach. Tips for low-income seniors:

  1. Collateral provides: Real estate or life insurance policies can serve as collateral.
  2. Guarantees: A guarantor with a regular income improves the credit score.
  3. Flexible terms: Shorter terms with higher rates can reduce the overall cost of the loan. On the other hand, longer terms reduce the monthly payment and leave more money for other living expenses.

Loan offers for different age groups


The flexibility and availability of loans vary depending on the age of the applicant. It’s important to understand what options are available to individuals in your specific age group.

Loan for seniors over 70: is it possible?

In general, it is possible for people of retirement age to take out loans up to the age of 70 with a maximum maturity of 36 months, provided that they can ensure repayment before reaching that age.

In Switzerland, the granting of loans after the age of 70 is prohibited. Therefore, the bank calculates the maximum possible loan amount that can be repaid before the age of 70. This applies even to loan terms that would originally extend beyond this date.

The decisive factor here is the realistic possibility of repayment before the 70th birthday. If such a repayment seems feasible, the chances of obtaining the desired loan or preferred term are better.

Loan pensioners over 65: your options

For pensioners aged 65 and over, according to the above-mentioned explanations, various credit options are available that offer a balanced relationship between loan term and monthly installment. It is important to note:

  • Proof of regular income: Proof of income is also essential in this age group.
  • Short- to medium-term maturities: These are often more beneficial, as they can reduce the overall cost of the loan.

At what age can you no longer get a loan? Credit Age Limits:

In contrast to the age limit for repayment (see above), the age limit for lending is not uniformly defined and depends heavily on the respective credit institution. Basically, the following applies:

  • There is no fixed age limit: Some banks and lenders do not have a set maximum limit, as long as the ability to repay is given up to 70.
  • Individual Rating: Overall, the decision is based on an individual examination of the applicant’s financial situation and creditworthiness.

Loans for AHV pensioners and loans for IV pensioners – differences and similarities

Old Age and Survivors’ Insurance (AHV) and Disability Insurance (IV) are two important pillars of the Swiss social security system that provide financial support in old age and in the event of disability. When it comes to loans for AHV and IV pensioners, there are both differences and similarities that need to be taken into account.

AHV pensioners are people who receive pension benefits because of their age, while disability pensioners are those who receive support due to disability. Both groups have potential access to credit, but with specific conditions and considerations.


  • Creditworthiness check: Both AHV and IV pensioners must be able to prove their creditworthiness. This usually includes proof of regular income, a positive credit rating, and the absence of serious debt.
  • Purpose specification: Loans can be taken out for a variety of purposes, including financing personal projects, covering unforeseen expenses, or rescheduling existing liabilities.


  • Income security: AHV pensions are generally considered a stable source of income, which can make it easier to lend. Disability pensions can also be considered as regular income, but the amount of the disability pension and the financial situation associated with it may vary from case to case.
  • Loan conditions: The specific terms of a loan, such as interest rates and repayment terms, can vary depending on the retiree’s individual situation. Lenders may take into account the nature of the annuity and the long-term financial stability of the applicant that comes with it.
  • Additional collateral: In some cases, lenders may require additional collateral or guarantees from IV retirees to offset the higher risk they may see.

It is important that both AHV and IV pensioners who are considering a loan seek in-depth advice and carefully compare the offers of different lenders – preferably from our experts. A transparent presentation of one’s own financial situation and an open dialogue with the lender can help to find a suitable and fair offer for your senior loan.

FAQ: Frequently asked questions about loans for seniors – and our answers

Retirees on the road

In the following, we answer the most common questions we receive about pensioner loans and loans for seniors. This information is intended to help you develop a better understanding of credit options in old age.

What is a senior loan?

A senior loan is a loan that is specifically designed for people of retirement age. It takes into account the particular financial circumstances and needs of seniors in order to facilitate their access to additional financial resources.

Are you still creditworthy as a pensioner?

Yes, retirees can also be creditworthy. Crucial for creditworthiness are regular income, a positive credit rating and the ability to repay the loan. Banks and lenders take into account other sources of income in addition to pensions.

How long do retirees get credit?

The loan term for retirees depends on various factors, including age, health status, income, and the lender’s credit policy. In principle, however, there is no rigid upper age limit, as long as repayment is secured until the age of 70.

Can I still take out a loan at 60?

Yes, at the age of 60 you can definitely take out a loan. Many lenders don’t consider the age of sixty to be an obstacle at all, as long as the other loan requirements are met.

Applying for a loan in old age

Even at an advanced age, the desire for financial flexibility or the need to cover unexpected expenses is not uncommon. However, applying for a loan in old age requires careful preparation and understanding of the process and the necessary conditions.

Application Process and Conditions

The good news is that yes, it is possible to get a loan even at an advanced age. The following are crucial here:

  • Proof of income: Even in old age, you need to be able to prove your sources of income. This includes pensions, any rental income or other regular income.
  • Health status and life expectancy: Some lenders may require a health check to assess the risk.
  • Creditworthiness: Your credit history and credit rating play an important role in assessing your credit request.

Documents and information required for the loan application

For a smooth application process, you should have the following documents ready:

  • Identity card or passport: To legitimize your identity.
  • Proof of income: Pension notices, bank statements, or other supporting documents confirming your income.
  • Proof of residence: Recent invoices or proof of residence.
  • Information on existing obligations: Overview of current loans or financial obligations.

Financial planning and credit management in old age

Taking out a loan in old age requires careful financial planning and prudent management to ensure that repaying the loan does not become a burden. Here are some tips and strategies that can help retirees manage their finances effectively while reaping the benefits of a loan.

Up to what age can you take out a loan? Financial Planning Tips

The possibility of taking out a loan depends less on age and more on the financial situation and the ability to repay (up to the age of 70). Nevertheless, careful planning is crucial:

  • Check your financial situation: Take stock of your income, expenses, and existing debts.
  • Consider your life expectancy and health: Plan realistically for your future financial needs and opportunities.
  • Consider flexible repayment options: Some lenders offer flexible repayment plans that can be customized to suit your financial situation.

Save on Interest Through Debt Restructuring: A Retiree’s Guide

Debt restructuring can also be an effective strategy in old age to reduce the cost of an existing loan. Here are some steps to keep in mind:

  1. Compare the conditions: Check the interest rates and terms of different loan offers.
  2. Calculate the total cost: Make sure that the debt restructuring actually leads to cost savings.
  3. Watch out for fees: Also take into account any fees for paying off the old loan or for taking out the new loan. In Switzerland, however, these should normally not be incurred, as all costs of the loan are reflected in the interest rate.

>> Click here for our loan repayment calculator !

Conclusion – Our Credit Advice for Retirees and Seniors

The financial landscape for retirees and seniors in Switzerland offers numerous opportunities to enjoy financial flexibility and freedom even in old age. With the right information, careful planning and selection of the right loan offer, older people can also benefit from the advantages of a loan without jeopardizing their financial security.

At, we understand the unique needs and challenges associated with borrowing in old age. Our mission is to support you with comprehensive information, transparent advice and access to the best loan offers. Whether you need to cover an urgent expense, want to realize a long-cherished project, or simply want more financial leeway, we’re here to help you make the right decision.

Why you can trust us:

  • Tailor-made credit solutions: We offer individual loan solutions that are specifically tailored to the needs of retirees and seniors.
  • Transparent advice: Honesty and transparency are our top priorities. We will explain all the details and conditions so that you can make an informed decision.
  • Easy access to credit: With our easy-to-use online service, you can compare loan offers and start the application process from the comfort of your own home.

At, we believe that age should not be an obstacle to financial flexibility. Our goal is to help you enjoy the financial freedom you deserve. Contact us today to learn more about how we can help you find the optimal loan for your needs and opportunities.

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