Are you an AVS or AVI annuitant?
AVS and AI are the two providers of the first pillar. Old age and survivors 'insurance (AVS) pays pensions to retirees and widows, widows and orphans' pensions to survivors. While Disability Insurance (AI), it pays benefits (annuities) to people who are disabled. We will therefore see how these three types of beneficiaries can take advantage of funding when they really need it.
What are the conditions for obtaining private credit?
Even if it is possible to do a personal loan application when you are an AVS / AI annuitant, not all banks will necessarily accept your request. In order for your file to be processed at a bank, you will need to meet the following conditions:
- Your AVS or AI benefits, second pillar pensions and any other source of income total at least CHF 2,500 per month
- You are under 70 years of age when the contract is concluded
- You have no pending lawsuits (acts of default included)
What repayment periods are possible with a loan for annuitants?
The age policy with banks is set between 62 and 64 years to achieve a loan. However, in some cases it is possible to take out credit for annuitants up to 70 years old. So AVS / AI annuitants benefit from the maximum duration of the contract, generally a maximum of 48 months.
Interest rates for annuitants
For people in receipt of an annuity, the interest rates for personal loans generally vary between 3.95% and 7.9%. The rate will mainly depend on the individual situation of each applicant. Lica always offers you the best rates available for your private loan based on the results our advisors obtain after negotiation.
Credit for annuitants what documents must be provided?
For the correct processing of your file, you must provide:
- Copy of your identity card
- Copy of the AI / AVS / Pension fund decision
- Copies of your last 3 account statements on which you receive your pension (s)
- Copies of your last 3 additional income payslips (if applicable)
- Lease or mortgage contract
- If you are married or living as a couple:
- Copy of Swiss identity card or residence permit of your partner.
- Copy of your last 3 payslips and the last 3 certificates of additional income from your partner (if applicable).
Why choose LICA
The advisers at Lica handle your file in a transparent and very efficient manner. We study your current situation, we think about your budget, and then we offer financing that is perfectly suited to your situation. Lica also negotiates your interest rate so that you get the best deal on the market.
In addition, at Lica you benefit from an additional cashback to your financing and thus receive more money than with our competitors!