Consumer credit?

direct-lending.net doesn’t do consumer credit for regulatory reasons. The loans must be commercial. This shouldn’t be a problem as there are many other institutions doing consumer credit:

Consumer credit is heavily regulated in Switzerland (for good reasons). Therefore the part e.g. cashare is doing is much greater than what direct-lending.net is doing: bonity checks etc. The interest rates are higher, but so is the default risk of customers. Especially here: don’t put all eggs in one basket.

 

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