Checklist and Requirements

The things you should keep in mind

Car Title Loan Checklist

Our short checklist lets you know whether a car title loan is for you:

Do you have an urgent or important financial need, a bottleneck or an important project? For normal consumer financing, it might be a bit cumbersome or expensive.

Are you the owner of a fully paid vehicle which you do not need for few weeks or months?

Are you confident of being able to redeem the vehicle afterwards?

Does the vehicle currently have a value of at least 6000 CHF?

If you have answered most of the above questions with Yes, the car-title loan is a very practical solution, and it comes without risk of excessive debt.

What are the requirements for a car title loan?

You must be the owner of the vehicle you wish to use as collateral. We cannot accept vehicles that are subject to a lease agreement or any other restriction of title.

In the case of company cars, we require written authorisation from the company management and a current extract from the Commercial Register.

There must be no < Code 178 > restriction in the vehicle registration document.

Budgetcheck

It makes sense to already have a plan how to redeem the vehicle even before you request a loan, because in the long term, a car title loan may not be the most economic financing option and you could probably sell the vehicle at better conditions in the market. Maybe you are expecting to receive additional funds soon (due insurance payments, inheritance, sale of property etc.)?

Of course it’s always an option to repay the credit by budgeting and saving money. You can find valuable tools for budget planning on the internet, for example at Budget Advice Switzerland.

You are in no way obligated to tell us about your plans. The above remarks are solely for information purposes.

For more information, please read our Terms and Conditions.

TOP