Household balance

In credit terminology, the household balance is the amount that you can use to repay a loan. The balance is a factor in the creditworthiness check required by the Swiss Consumer Credit Act (KKG). For a loan application to be approved, the requested loan amount must not exceed your individual balance multiplied by 36 (this is your debt capacity). In other words, your disposable income must be sufficient to repay the loan in full including interest within 36 months (regardless of the actual term).

Crowdlending platforms such as LEND also have to carry out a credit check and cannot make a loan offer if the debt capacity is too low in order to avoid over-indebtedness on the part of the borrower. However, we may be able to increase your financial leeway with credit card debt rescheduling or refinancing of existing loans at more favourable conditions.