Interests vary between 4.9% and 11.95% depending on your preference. Loan costs are clearly stated and transparent.
Have you solvency code checked.
It is the key to an approval.
What are the consequences of this leading to a negative payment history? A near impossibility of getting access to a credit card, a rental contract, payment facilities for a purchase, a loan…
Unemployment, income incapacity following an accident or health issues. Your professional life is full of unforseeables.
It doesn't always happen to someone else. Milenia helps you and your family maintain your standard of living in case of unemployment thanks to Helvetia Income Protect.
Inflation, your mortgage rate, your health premiums... These are all factors that will determine your purchasing power in 2025.
The last few years have been chaotic in many ways.
In the wake of the health crisis, new financial and geopolitical events emerged to plunge our daily lives back into a climate of uncertainty.
The disruption of supply chains and the imbalance between supply and demand, after the Covid crisis, impacted inflation.
In Switzerland, the rise in prices was less painful than in other European countries but was nevertheless palpable.
The rise in energy prices, the rise in raw material prices, the war in Ukraine, the disruption of production and delivery circuits... a combination of factors that had the effect of eroding consumer confidence.
Central banks decided to raise key rates to counter inflation. Mortgage rates jumped.
Only health insurance premiums were kept at stable levels during this period. That has since changed, but more on that later.
In Switzerland, the various public aid measures during the health crisis, a low unemployment rate, political stability and a high real estate occupancy rate have helped to limit the damage in terms of the risk of a real estate bubble, bankruptcies and inflation.
Although our country is stable and the middle class is relatively secure, let us not forget that poverty does exist and that many families had to suffer the effects of this economically trying period.
Do we see an improvement in 2025?
What will happen to inflation?
In a word: stability.
The reversal of the inflationary trend observed in recent months will stabilize according to experts.
The US and European central banks have recently announced cuts in their respective key rates. The SNB has taken similar measures.
No one is coming forward to say that the battle is won.
Caution is therefore still required, but we should not see a rebound in 2025.
The State Secretariat for Economic Affairs is targeting inflation of 1% next year.
This is good news given the developments observed in 2022 and 2023.
What about my health premiums?
Did you know that the cost of insurance premiums has been rising for more than 30 years?
A premium costing 150 francs in 2000 now costs more than double.
As mentioned above, a period of stability was observed between 2020 and 2022 but since then, increases of 6.6% (2023) and 8.7% (2024) have been recorded.
We expect an increase of 6% in 2025.
Health care costs continue to rise, life expectancy continues to increase slowly but surely, and the need for health care and the length of time it is provided are increasing.
This is the main cost escaping the stabilization of inflation previously communicated.
If we consider that salaries increase by an average of 1% every year, there is clearly a financial imbalance with this strongly upward trend in our bonuses.
And the price of real estate?For the past 20 years, the prices applied to single-family houses have been increasing by +3.4% per year. For apartments, it is +3.8% per year.
There is regular talk of the risk of a real estate bubble in Switzerland and admittedly, the statistical indicators point to a risk, but these same indicators are nevertheless lower than those that preceded the real estate crisis of the 80s and 90s.
Also, the low rate of activity in the construction of new housing and the very low rate of unoccupied properties show that the criteria are far from being met to lead to a bursting of a supposed bubble.
For example, the rate is only 0.2% in Lausanne, 0.5% in Geneva and 0% in Zurich!
If you are a homeowner, there is no reason to worry. It is likely that the value of your property will continue to increase in the coming years, even if this increase will be smaller. In addition, your property retains its value on resale.
If you're looking to buy, it would be worth considering an acquisition now that mortgage rates are falling again.
Even if current rates are higher than those of 2-3 years ago, they remain historically low.
Need a helping hand?Whether the statistics are favorable or not, whether the trends are tilting in your favor or not, life goes on.
Your personal projects, your dreams of a better life, should not suffer from the vagaries of the economy.
Milenia is here to support you in the realization of these projects, these dreams.
If you have a healthy financial situation, generate income in Switzerland, are of legal age and are free of ongoing lawsuits, you can call on us for a helping hand.
Consumer credit can cover a multitude of projects.
Unlike loans that require guarantees or the precise details of your expenses, a personal loan is the simple payment of a sum of money allowing you to carry out a project that is close to your heart.
No application fees, no prior capital contribution, no proof of the allocation of funds.
Do you want to renovate your home?
Do you want to finance a trip, a wedding, your studies?
Do you need funds to launch your business?
Are you not in favour of leasing and prefer to buy your new vehicle?
All of this can be partially or fully financed upon acceptance of your credit report.
As a responsible and credible financing platform, our teams will work with you to ensure your ability to repay.
Over-indebtedness must be avoided, the goal is to improve your life, not to put the quality of it at risk.
As soon as you meet the criteria, we will make sure that your file is perfectly established and presented to the banking partner offering the best conditions available on the market.
You get a response within 24 hours and the money is paid to you right away.
It's simple, fast, legally regulated and you even have a right of withdrawal after signing your contract.
How much does it cost? Nothing.
Give us a few minutes of your time and we will be able to guide you in a personalized way to the solution best suited to your needs.
Let's hope that 2025 will be a good year, but whatever challenges we face, know that Milenia will remain by your side!
Your well-being matters. In the professional world, certain initiatives can make a difference.
AI is already part of our daily lives. Is it a tool that serves us or does it pose a risk?
Simply put, Milenia is The Swiss reference in personal loans. We apply a swift response rate and an easy to use application process.
Bank loans, personal credit applications, personal or professional cash loans…, our specialist are at your service to answer your questions and needs. Clearly and with tailored solutions.
Thanks to its partnerships with the major banks in Switzerland, we are able to offer the best rates in a transparent and flexible format.
Whether you are searching for a private loan or a company loan, our team handles your applications personally and our solutions are adapted to your own specific reality.
Everything can be handled online. Quickly and smoothly.
Having the finances to turn your projects into reality should not be a source of anxiety. That is why we do what it takes to give you easy access to loans all the while taking your personal situation into account. Our teams have access to the national databases like ZEK or CRIF. This allows us to process your application swiftly and to ensure that you can move ahead with your projects with peace of mind knowing that you benefit from the best rates on the market.
Whether it be a consumer loan, a need for cash influx with a 24h reply deadline, we have loan solutions allowing you to progress on your real estate renovation or purchase, vehicle purchase or leasing or any other personal projects.
We are here for you, even when the need is purely linked to a cashflow situation.
Rely on recognized specialists whose mission it is to offer you the most adapted solution to your needs with the best available rates. We will handle your application transparently and with your best interests in mind.
Always keeping the following at heart: simplicity, flexibility, speed and trust!
Loan illustration: loan of CHF 10'000. Effective annual interests rates between 4.9% and 11.95% over a 12 month period lead to total interests of between CHF 261.80 and CHF 624.80. Duration: 6-120 months; Maximum annual interest rate (including all loan handling costs) 11.95%. Loans approval are prohibited if they lead to excess debt for the consumer. (Art. 3 LCD)
