Private credit is an option for Swiss commuters looking to borrow money to finance various projects, such as the purchase of a car, renovations, or restructuring various debts. However, it is important to fully understand the different options available and the requirements needed to obtain private credit as a Swiss cross-border commuter. In this guide, we'll explore everything you need to know about private credit for Swiss commuters.
Contents
- What is a private loan for Swiss cross-border commuters
- The advantages and disadvantages of private credit for cross-border commuters
- Criteria for obtaining private credit as a cross-border worker
- Private credit conditions for Swiss cross-border commuters with Lica
- How to compare private credit offers
- How to apply for private credit as a cross-border worker
- How to improve your chances of obtaining private credit
- How to repay your private loan as a Swiss cross-border commuter
- The consequences of non-repayment of a private loan
- Mistakes to avoid when looking for private credit
- Our conclusion on private credit for Swiss cross-border commuters
What is a private loan for Swiss cross-border workers?
A private credit for Swiss cross-border workers is a loan granted to cross-border workers working in Switzerland but residing in a neighboring country. It can be used freely to finance personal projects such as buying a car, renovating a house, or any other financing need. In fact, a private loan for Swiss cross-border commuters works exactly like private credit for a Swiss resident.
However, Swiss cross-border commuters may encounter difficulties in obtaining a loan from Swiss banks due to their status as foreign residents. Indeed, Swiss banks may be more reluctant to lend money to these workers because of the risks associated with the difference in legislation between the countries of residence and work.
The advantages and disadvantages of a private loan for Swiss cross-border workers

Private credit offers several advantages for Swiss commuters, including flexibility, speed and convenience. Private loans are generally easy to obtain and do not require collateral, which means that the application process is often easier and faster than traditional mortgages. Additionally, private loans can be used to fund a variety of personal projects, providing great flexibility for borrowers.
However, there are also disadvantages to consider. Interest rates on private loans are higher than those on mortgages, which means that the total cost of the loan may be higher. Also, some private loans for commuters may have stricter repayment terms, which may make repayment more difficult for some borrowers.
The criteria for obtaining your financing
To obtain private credit as a Swiss cross-border worker, there are several criteria to be met. First of all, you must of course be of legal age and have a job in Switzerland. In addition, borrowers must generally have a stable and sufficient income to repay the private credit requested. Here are the criteria required to obtain a private loan for Swiss cross-border workers:
- Benefit from a stable income from a job in Switzerland
- Be in possession of a G permit as a cross-border commuter for at least 36 months
- Have your domicile in a neighboring country (at the borders) with Switzerland
In addition, it is unfortunately not possible to take advantage of private credit, if you are prohibited banking in your country of residence.
Cross-border workers – Your loan conditions with Lica
Lica offers private credit solutions advantageous for Swiss cross-border commuters with some of the lowest monthly payments on the market. Workers residing in the following countries can benefit from our solutions:




Rate | From 3.9% up to 7.9% according to your personal information |
Rising | From CHF 3,000.- up to CHF 250,000.- |
Duration | From 6 to 120 months |
Flexibility | Possibility to suspend the payment of your monthly payments |
Protection | Payment insurance in the event of illness, accident, unemployment or death |
How to compare the offers?
Before choosing a lender, it is important to compare the private credit offers available. Indeed, borrowers should always review the proposed interest rates and repayment terms! Thus, by requesting Lica services you save time and money. Your private credit specialist will compare and analyze financing solutions for you. This, taking into account your situation and your objectives. With Lica you benefit from a totally personalized advice and validated by 100% of our customers:
How to apply for financing online?
To apply for private credit as a Swiss cross-border commuter, borrowers must provide information about their financial situation, their employment and their expenses. Borrowers must also provide information on the desired loan amount and the desired repayment term. It is important to provide accurate and complete information to avoid any refusal of the request. Here are the usual documents that you will be asked to obtain your private credit for Swiss cross-border commuters:
- Your G license (valid and signed)
- Your last 3 payslips
- The bank notices of your account in Switzerland over the last 3 months
- Bank advice from your bank in the country of residence over the last 3 months
- Your last electricity bill
Depending on your situation, your Lica credit counselor may also ask you for some additional information. This, with the aim of maximize your chances of obtaining private credit for Swiss cross-border commuters.
How to improve your chances of obtaining financing?

To improve your chances of obtaining private credit as a Swiss cross-border commuter, it is important to maintain a good credit history by repaying your debts on time and avoiding late payments. Borrowers can also improve their chances by providing complete and accurate information about their financial situation and choosing a reliable and reputable credit broker.
How to repay your financing if you are a cross-border commuter?
Borrowers can repay their private credit as a Swiss cross-border commuter by making monthly payments on the due date. It is important to respect the repayment conditions of the lender to avoid any additional costs or negative consequences. Also note that with Lica, it is always possible to repay your private credit early and at no cost!
The consequences of non-reimbursement
The non-repayment of a private loan as a Swiss cross-border worker can have serious consequences. Lenders may apply late fees or penalties for missed payments, and may also report the default to credit reporting agencies, which may negatively affect your credit history as a borrower. In addition, the lender may incur debt collection procedure to recover unpaid funds.
Mistakes to avoid when looking for private credit for Swiss cross-border commuters

When looking for private credit for Swiss cross-border commuters, it is important to avoid certain mistakes. Borrowers should avoid rushing to the first available loan offer without doing thorough research. It is also important not to borrow more than is necessary and to check the terms of your loan agreement.
Moreover, the system in Switzerland absolutely does not favor the fact of solicit several lending institutions at the same time. Indeed, when applying for credit in Switzerland, this must be indicated in the central ZEK file. It is a Swiss information center that collects credit information from the credit activities of natural and legal persons. Each request is therefore listed in this central and in case of repeated refusal, you may not be able to obtain private credit for cross-border commuters for a long time.
Our conclusion on private credit for Swiss cross-border commuters
In conclusion, private credit for cross-border commuters can offer a convenient and flexible financing option for people looking to finance personal projects. However, it is important to understand eligibility criteria and repayment terms before applying. Prospective borrowers should also seek the services of a specialized credit broker to find the most competitive loan offers and negotiate more favorable repayment terms.
It is also important to note that each request for private credit for cross-border workers is unique and that the eligibility criteria may vary according to the lenders.
Do you have questions before applying for private credit? Our advisors are there to answer your questions 7 days a week directly on WhatsApp. Ask us for more information and we will be happy to answer you!