Consolidate your loans into one monthly payment.

Two things. Adapting your monthly payments to your budget by consolidating several loans into one. And financing a new project by including it in the same loan, rather than adding yet another loan.

Private individuals who want to bring their existing loans together into one and the same loan, have a single monthly payment and a single point of contact for tracking, or adjust their monthly payment to their situation. As with any personal loan, you need to be of legal age, earn a regular income and live in Switzerland, residence permit holders and cross-border workers included, depending on the bank. The bank assesses your repayment capacity on your current situation: income, expenses and existing commitments. A co-borrower can strengthen your application.

In practice, yes. The bank takes over all your existing loans in the new contract: the credit capacity check covers all of your commitments (Art. 28 KKG). List all your loans and cards in your application; the exact statements come with your supporting documents.

The cost of a consolidation is the cost of the new contract: its annual percentage rate (APR), which includes interest and fees, applied to the amount taken over for the chosen term. On the exit side, add the interest accrued up to the repayment of the old contract. The honest comparison is between the total remaining cost of your current situation and the total cost of the new contract: insist on both figures before signing anything.

Not automatically. A consolidation simplifies management; that is its primary purpose. Financially, it all depends on the figures: extending the term can lower the monthly payment while increasing the total cost. Compare the total cost of your current situation with that of the new contract before deciding.

No. If your budget can no longer carry the monthly payments, a new loan is not the answer, and the law prohibits granting one in that case. The right place to turn is a recognised budget or debt counselling service: cantons and specialised organisations offer free, confidential support.

Online, in a few minutes: you enter your current loans in the calculator, complete your application and send your documents from your phone. Cereno takes care of the rest.

Your usual supporting documents, an identity document or residence permit and salary slips, plus the latest statement for each loan or card to be consolidated. The exact list appears in your application, depending on your situation.

Yes. The right to early repayment lets you settle your current contract at any time, and nothing prevents you from doing so with a new loan taken out elsewhere. The new institution reviews your application as it would any other and, if approved, in practice pays the balance directly to your current lender. Your current contract cannot prohibit this.

The law provides no early-repayment penalty for consumer credit: on the contrary, you are entitled to a waiver of the interest not yet accrued and a fair reduction of the fees. Interest already accrued up to the repayment date remains due, as does the outstanding principal. Ask your lender for the exact early-repayment statement: it is the authoritative basis for the calculation.

Yes. A consolidation contract is an ordinary consumer credit: the lender must redo the credit capacity check on your current situation, income, expenses and commitments included. If your budget cannot carry the new contract, the law requires a refusal. A refusal in this context is a sign that you should look at your budget with a recognised counselling service, not multiply applications.

Consolidation rests on a right written into the Swiss Federal Consumer Credit Act (KKG): you can repay your loan early at any time, with a waiver of the interest not yet accrued (Art. 17 KKG). The new contract is a consumer credit in its own right: written form, APR and total cost stated, credit capacity check (Art. 28 KKG), 14-day revocation period (Art. 16 KKG).

No. The cap in force since 1 January 2026 applies to new contracts; a contract signed under an earlier cap keeps its rate until it ends. However, any new contract concluded today, including a consolidation contract, must comply with the current maximum APR of 10% for cash loans.