Cash Credit Plus

Would you like to enhance your financial independence in order to be able to respond to your needs in a more flexible manner?

The innovative Cash Credit Plus provides maximum financial independence:

• A plus with regard to flexibility:
  During 24 months, you can withdraw cash from any GE Money Bank branch office in an easy and fast way - whenever you need to.
• A plus with regard to security:
  Financial independence owing to a cash reserve tailored to your needs.
• A plus with regard to predictability:
  The repayments, tailored to your monthly budget, remain unchanged during the entire credit period.

Cash Credit Plus is an innovative two-phase financing solution as its credit period consists of a flexible and a fixed period:

During the flexible period, you can withdraw cash within the agreed credit limit in a fast and easy way. Thus a secure cash reserve is at your disposal for 24 months.

After these 24 months, the fixed period begins, which means that no further withdrawals can be made from this account. The term of this period varies between 12 and 60 months.

The repayment amount remains unchanged during the entire credit period of Cash Credit Plus. Only the term can change, depending on the withdrawals made by you during the flexible period.

Calculation example

Credit limit: CHF 20,000. If you claim the maximum amount of CHF 20,000 at the beginning of the flexible term, and, in addition, make withdrawals of amounts of up to the agreed credit limit after 12 and 16 months, the following costs arise (rounded to CHF 10):

Interest rate	9.95%*	14.5%*
Initial payout (CHF)	20'000.00	20'000.00
Additional withdrawal after 12 months (CHF)	7’640.00	7’390.00
Additional withdrawal after 16 months (CHF)	3’110.00	3’010.00
Total amount paid out (CHF)	30'750.00	30'420.00
Total costs (CHF - interest and charges*)	3’884.00	5'580.00
Contractually agreed repayment (CHF - calculation base 24 months)	920.65	959.85
Total no. of repayments (actual term of the loan)	38	38

*Interest margin: it is only on the basis of the information provided by you in the credit application that we can determine your exact interest rate and also the total costs.

Thinking ahead

We recommend you take out Payment Protection Insurance** when signing your Cash Credit agreement. This ensures that you remain solvent if you are not able to work due to illness or accident or if you become undeservedly unemployed.

Approval of a loan is forbidden by law if it would lead to over-indebtedness on the part of the customer (legal stipulation as required by Art. 3, Federal Unfair Competition Act).

** A service offered by LIGHTHOUSE GENERAL INSURANCE Company Limited, Schochenmühlestrasse 2, P.O. Box 159, 6341 Baar/ZG.