bob Finance AG Claridenstrasse 25, CH–8002, Zürich
bob Finance Credit is a specialist for digital financial products. Essentially it offers online loans for private customers.
bob Finance is a subsidiary of the Valora Group. bob Finance is a relatively new financial services provider, founded in 2014. It is backed by the Valora Group and Glarner Kantonalbank, which intend to drive forward digital financial services.
The headquarters of bob Finance is Zurich. The company operates exclusively online, so there are no other branches.
The Loans offered by bob Finance Credit
The financial services provider bob Finance offers a consumer loan that can be used in a variety of ways, for example as:
- Car Loan
- Educational Loan
- Renovation loan
- Loan redemption
- Removals and furniture loans
- Health Loan
Detailed information about the online personal loan: Bob Finance
| Effective annual interest rates: | 4,70% - 9,90% |
| Amount of loan | 3.000 CHF - 80.000 CHF |
| Term | 6 - 120 Months |
| Fees: | none |
Representative example
| Amount of loan | 50.000 CHF |
| Term | 48 months |
| Monthly costs | 1.145 CHF - 1.266 CHF |
| Total costs: | 54.945 CHF - 60.755 CHF |
Loan features
| Credit insurance possible: | Yes |
| Free early repayment: | Yes |
| Free full repayment: | Yes |
| No fees: | Yes |
| Loan refinancing possible: | Yes |
| Loan increase possible: | Yes |
| Document upload possible: | Yes |
| Digital signature: | Yes |
| 100% Online: | Yes |
Conditions
| Maximum age: | 64 (at the end of the contract) |
| Employment type: | Non-terminated and permanent employment in Switzerland or Liechtenstein |
| Self-employed possible: | No |
Documents to be submitted
| Copy of ID, C/B permit, salary statements (for the last 3 months) |
Remarks
| Important: The minimum interest rates shown by credit providers are granted to only a small fraction of applicants. Credit specialists negotiate with the banks on your behalf. By submitting an optional Loan Enquiry on our website, you will receive free, personalized advice. This preliminary consultation is conducted without a ZEK enquiry. |
The bob Finance loan
The bob Finance Credit can be individually designed and thus adapted to personal possibilities and needs. The company offers a contract period of 6 to 120 months and a credit line between 3,000 CHF and 80,000 CHF. The term can be individually agreed and extended.
bob Finance offers the personal loan at two different effective interest rates: 4.7% and 9.9%. Whichever interest rate applies to the particular loan application is calculated by bob Finance. There are a number of criteria for this:
The following conditions apply to both annual interest rates. The loan can only be granted to private individuals aged between 18 and 64. Customers must have a permanent job and provide a correct telephone or mobile phone number and e-mail address. A place of residence in Switzerland and a Swiss bank account are also required.
Additional criteria at 4.7% annual interest rate are :
- a first-class credit rating
- Swiss citizens or foreigners with residence permit C
- Minimum net income of CHF 4,500
- existing personal loans with a residual debt of more than CHF 5,000 must be transferred to bob Finance
In any case, the place of residence must be in Switzerland. The customer must be able to prove that the loan is financially viable.
Advantages of a bob Finance personal loan
The financial services provider bob Finance places great emphasis on responsibility and transparency when granting loans. For this reason, loans are only granted if affordability can be guaranteed. In addition, loans are excluded if there is a risk of possible over-indebtedness.
The advantages at a glance:
- Flexible credit and individual contract terms
- Budgeting possible through fixed monthly rates
- Transparent lending conditions
- Prompt processing
- Provisional credit decision soon after online application
- Early repayments are possible
- Protection in the event of unemployment or disability
- Remission of residual debt in case of death
A credit application can be filled out easily and directly on the website kreditvergleich.ch. The review and the credit decision are made promptly after a provisional credit decision. Once the contract has been concluded, the money is transferred to a private account of the applicant after a statutory withdrawal period of 14 days.