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Save and Resume Later

(ART.3 LCD)

Granting credit is prohibited if it leads to the consumer’s over-indebtedness.

Example calculation:

A loan of CHF 10,000. An effective annual interest rate between 4.5% and 10.95% and a term of 12 months result in total interest between CHF 240 and CHF 574. Duration: 6-120 months; Maximum annual interest rate (including all credit costs) 10.95%.