Refinance your loan with LEND
Are you paying too much for you current loan? We are almost certain that there is some room lower interest rates. Refinancing your loan almost always means more cash in your pocket. Learn here how you can very easily refinance one or several of your loans.
Interest rates for consumer loans are very often high, sometimes double digit. Most of the time that is not justified and comparing your existing loan with other offers is worthwhile. You are probably uncertain whether it is possible to refinance your existing loan. The answer is simple: yes.
How does a credit restructuring work?
Refinancing your existing loan (or for example your credit card debt) is simple:
¤ The effective interest rate is between 3.50% and 9.80% and is dependent on your credit score and selected loan term. For a loan of CHF 10’000.- and 12 months the interest cost and fees range between CHF 190.60 and CHF 515.34. The total sum is thus between CHF 10’190.60 and CHF 10’515.34. The grant of a loan is prohibited if it leads to the over-indebtedness of the consumer (Art. 3 UWG).
Low rates from 3.5%
Refinancing your debt means saving money
To receive lower interest rates and better terms it is paramount that your credit score is good. It is the main criterion affecting the terms and conditions and interest rates we can offer. We will always check your credit score before offering a new contract. But if you regularly paid your monthly rates on time, this indicates your creditworthiness which is something you will profit from as it results in lower interest rates.