Guide
Repaying a Loan Early: Rights and Process
In Switzerland, you have the right to repay your consumer loan early at any time – in full or in part. This option can save you significant interest costs. Learn here how early repayment works.
Your right to early repayment
The Consumer Credit Act (KKG) guarantees you the right to repay a consumer loan at any time before the agreed end of term. This applies to both full repayment and partial repayments. The lender may not charge an early repayment penalty.
How much you can save
With early repayment, you save the interest for the remaining term. The earlier you repay and the higher the outstanding amount, the greater the savings. Example: For a loan of CHF 30'000 at 5.9% interest over 48 months, if you repay after 24 months, you save approximately CHF 900 in interest.
Early repayment process
Contact your lender and communicate your wish to repay early. Request an exact statement of the outstanding amount. Transfer the stated amount. You will receive confirmation of full repayment. The ZEK entry will be updated accordingly.
When is early repayment worthwhile?
Early repayment is particularly worthwhile if you unexpectedly receive money (e.g., inheritance, bonus), if the loan has a high interest rate, if there is still a long remaining term, or if you are planning debt consolidation at better conditions.
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