Crowd4cash is a Swiss crowdlending provider and specialises in retail banking, private loans (Crowd4cash Privatkredit) and investments (for investors). On the Crowd4cash platform it is also possible for companies and investors to obtain or support financing (SME loan). Customer branches are not available as pure Fintech companies.
Die Peer-to-Peer Plattform wurde im Jahr 2015 mit dem Ziel lanciert, Kredite ohne Bank bereitzustellen und somit für Kreditnehmer tiefere Zinsen und für Anleger höhere Renditen zu ermöglichen. Gründer und CEO/CFO ist Roger Bossard. Die Crowd Solutions AG beschäftigt über 5 Mitarbeiter. Hauptsitz von Crowd4cash ist Zug, im Kanton Zug.
The Crowd4cash Loans
In addition to the traditional personal loan, Cashare offers the following products for private individuals:
- Car Loan
- Debt restructuring
- Short-Term loans
- Educational Loan
Detailed information about the online personal loan: Crowd4Cash
| Effective annual interest rates: | 5,90% - 9,90% |
| Amount of loan | 1.000 CHF - 250.000 CHF |
| Term | 12 - 84 Months |
| Fees: | none |
| If the loan agreement is concluded, a platform fee of 0.8% per year of the received loan amount (minimum fee CHF 60.00) is charged. These fees are included in the displayed effective annual interest rates. | |
Representative example
| Amount of loan | 50.000 CHF |
| Term | 48 months |
| Monthly costs | 1.172 CHF - 1.266 CHF |
| Total costs: | 56.254 CHF - 60.755 CHF |
Loan features
| Second applicant possible: | Yes |
| Credit insurance possible: | Yes |
| Free early repayment: | Yes |
| Free full repayment: | Yes |
| Loan refinancing possible: | Yes |
| Loan increase possible: | Yes |
| Document upload possible: | Yes |
| Crowdfunding provider: | Yes |
| Digital signature: | Yes |
| 100% Online: | Yes |
| Loan decision within 24 hours: | Yes |
Conditions
| Maximum age: | 64 (at the end of the contract) |
| Employment type: | Permanent employment: With the same employer for at least 3 months |
| Self-employed possible: | Yes |
Documents to be submitted
| Copy of ID, C/B permit (minimum 2 years), debt enforcement register extract, salary statements (last 3 months), rental agreement, health insurance policy. |
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 Crowd4cash Personal Loan
The Crowd4cash personal loan can be used for many different purposes, as it is an unrestricted consumer loan. The credit application takes place exclusively online. For the personal loan, terms of between 12 and 84 months are available. The borrower determines the term of the loan. The borrower can choose loan amounts between CHF 1,000 to CHF 250,000.
Crowd4cash Interest Rates
The Crowd4cash loan is offered with interest rates of 4.6% to 7.0%. The applicable interest rates depend on the duration and the applicant`s individual circumstances. The final interest rate is determined during a complete credit check by Crowd4cash.
Prerequisites for a positive credit application:
- Age between 20 and 65 when the loan expires
- Residence in Switzerland for at least 6 months and at least a C residence permit
- Unlimited employment contract (since at least 3 months)
- No negative entries at the IKO during the last 3 years (legally required information centre for consumer credit).
Service Fees
Upon conclusion of the loan agreement, a service fee applies. It amounts to 0.8 % per year for the borrower. For terms under 12 months, an additional flat fee of 1 % of the loan amount is applied.
Advantages of the Crowd4cash Personal Loan
The advantages at a glance:
- Transparent fees
- Lower interest rate than with conventional providers
- Restructure existing high interest loans
- 100% online and thus cheaper
The credit application can be made clearly, online, quickly and discreetly. If the credit project advertised on the Crowd4cash platform has been fully financed by the investors and the funds have been transferred to Crowd4cash by the investors, the disbursement is made to the borrower.
* The credit of Crowd4cash is currently not offered by any of our partners.