How long does it take to repay a car credit?
The Loan Term for Car Credits in Switzerland refers to the duration over which a car loan must be repaid, typically ranging from 1-5 years.
Gowago offers loan terms between 6 and 84 months.
A shorter loan term means higher monthly payments but lower overall interest costs, while a longer term reduces monthly payments but increases the total interest paid.
Swiss lenders usually offer fixed-term loans with structured repayments, allowing borrowers to plan their budgets effectively. Some banks and financial institutions may also offer early repayment options.
Gowago offers the possibility to fully repay the car credit at any time without any additional costs to the customer.