We are looking for financing and everything is great offers: “interest free”, “free until” and “at 0% TIN”. The problem is that when we read the fine print we realize that it is a half truth and that, in the end, for some things or for others, there is always some payment that we have to face. However, for everything there are exceptions. Oddly enough, we can find free credits in the market. In addition, each responds to a particular situation and different from the rest.
The quick credits you can access
That is precisely one of the great news: free credits are accessible to various groups of people, they are not exclusive to anyone in particular. And, as we will see, they cover different needs:
This type of financing allows you to get, normally, between 50 and 1,000 dollars. The return period lasts only up to a month and its cost is usually around 30 or 35 dollars for every 100 dollars lent over 30 days. But regarding what interests us in this case, the most interesting thing about these mini-loans is that many allow a free first application.
Lender offers a free credit to its new clients of up to 300 dollars. That is, after a month, we will only have to repay the borrowed money. This opportunity represents an interesting alternative when we do not have enough liquidity and we have to face unexpected and urgent spending.
For larger amounts (up to several thousand dollars) we have the scholarship and payroll advances. This type of financing can be used at specific times to get extra money. The first is used to pay the expenses required by the studies when the delivery of the scholarship money is delayed, something that usually happens.
As for the second, we can get it from the bank that has the payroll domiciled. Of course, there are few who offer it as a totally free credit. There are only a few exceptions. Others allow you to request it by paying only a small commission.
The third and last of the free credits that we present is the one that we can sign when we are going to make a purchase of medium and high amounts through a consumer credit. We can have these depending on the offers available at large stores.
It is common for stores to offer free financing to their customers on time for specific items. Thus, we can manage to postpone the payment of purchases of thousands of dollars in comfortable installments and without paying interest. Therefore, before deciding to buy from one site or another and choosing the method of payment, we must know what promotions are active to benefit from the most favorable conditions possible.