Many ask themselves whether a loan is possible despite an enforcement order. To answer the question, the topic should be explained in more detail. Because many consumers are not clear what an enforcement order is and when it comes to it.
Many citizens buy goods on installments or take out a loan. Repayment is made in monthly installments. This happens until the goods or the loan has been paid. However, it is becoming increasingly common for consumers to be unable to repay their debts. This can have different causes, but ultimately always leads to a result. The creditor first reminds you of the outstanding amount.
If no payment is made, the latter can then issue a dunning notice to the district court. Put simply, this is a reminder from the official side to pay the debts. After a period of two weeks then issued an enforcement order. If this is issued, a bailiff may be charged with recovering the claims.
This process is entered as a negative feature in the Credit bureau. A loan despite an enforcement order will be awarded to very few banks. An enforcement order states that the debtor has not met his payment obligations in the past. Under such conditions, lending is not possible.
Swiss credit despite enforcement order
It is true that the Swiss banks do not query Credit bureau. Normally they should not be informed of an enforcement order. Only when there is a salary garnishment, the Bank learns in Switzerland on the basis of the payroll, which must submit the applicant for a loan from Switzerland. So it may well be that the debtor has luck, and gets a loan granted despite enforcement order. However, the general question is whether such behavior makes sense.