Somewhere heard that they give out debt at 0%? But do you think this is a catch? No need to wind yourself. There is no interest free loan! It is provided by almost all credit institutions, at the first loan.
What you need to get a free loan
The procedure for the loan is the same as for a simple loan. You need to go to the site, choose the right amount, the period for which you want to take the amount, fill out a questionnaire, confirm the application and wait for a decision. This procedure takes no more than 15 minutes. Once the loan is approved, the funds are credited to your identity card.
In addition to online interest-free credit, you have the opportunity to get it in cash. There is nothing complicated. All you need to do is visit the credit institution in person. It is obligatory to have the original of your passport and identification code with you. The manager will complete the application and you will receive a decision within a few minutes.
How to pay off a debt?
Just like paying off a loan, you have the opportunity to repay your funds through the bank’s cash desk by using a terminal, ATM or online banking.
- In the first case, you should visit the bank (any) and tell the cashier that this is a loan repayment.
- If you decide to repay the debt with the help of a terminal, then we look for a credit institution that has given you a loan and replenish it with cash on the screen.
- The same thing happens when replenished through an ATM, but we already use the card.
- If you want to use online banking, you don’t even have to leave the house. We go into the personal office of the credit institution and choose to repay the debt. You will be taken to a payment site. Enter the card details, the amount and pay.
Attention! Checks should be kept until the loan is fully repaid. There are times that the program may not announce the transfer of funds (this is rare).
What are the benefits of an interest-free loan?
In fact, interest-free credit is no different than a simple loan. But when you take this, you use the credit funds for free, returning the amount you have taken and do not overpay.
In what situation is it better to take an interest-free loan?
There are many situations in which a loan is needed, but as far as interest-free is concerned, it is taken if you need to buy any equipment. Example: you need a fridge and a new one is from 2000. You take the money for 10 days. After that time, the penalty comes and you overpay at least 200 USD, respectively, these 200 USD could be reported and purchased a more sophisticated model. And if it is an interest-free loan, then the amount to the repayment remains the same.