Guide
Consumer Credit Act (KKG): Your Rights as a Borrower
The Swiss Consumer Credit Act (KKG) protects borrowers from over-indebtedness and unfair business practices. It regulates the granting of consumer loans and establishes clear rights and obligations. In this guide, you will learn about the most important provisions.
What does the KKG regulate?
The Consumer Credit Act applies to cash loans between CHF 500 and CHF 80'000 with a minimum term of 3 months. It regulates, among other things, the credit capacity assessment, the maximum interest rate, the right of withdrawal, and the lender's disclosure obligations.
Credit capacity assessment
Before every loan is granted, the lender must assess the applicant's credit capacity. It is checked whether the borrower could repay the loan within 36 months – regardless of the actual term. Granting a loan is prohibited if it leads to over-indebtedness (Art. 3 UWG).
14-day right of withdrawal
After signing the contract, you have a 14-day right of withdrawal. Within this period, you can cancel the loan agreement without giving any reasons. The cancellation must be made in writing. Any amounts already paid out must be repaid within 30 days.
Early repayment
You can repay your loan in full or in part at any time before the agreed end of term. With early repayment, you save interest. The lender may not charge an early repayment penalty. This is an important right enshrined in the KKG.
Frequently asked questions
- Autor
- Redaktion privatkredit.ch, Fachredaktion Kredit & Finanzen
- Fachliche Prüfung
- Redaktionsinterne Gegenprüfung durch Kreditfachleute
- Zuletzt aktualisiert
- 3. Juli 2026, Inhalte werden laufend aktualisiert
- Unabhängigkeit
- Unabhängige Recherche, ausschliesslich offizielle Schweizer Quellen
- 1Bundesgesetz über den Konsumkredit (KKG). Fedlex, Schweizerische Bundeskanzlei. fedlex.admin.ch/eli/cc/2002/593/de
- 2Haushaltsbudget – Richtwerte. Budgetberatung Schweiz. budgetberatung.ch