How to get a loan with 0% interest on a card? Free loans

By the way, you’ve already heard a little about loans without interest, as banks and financial organizations promote. This proposition looks very attractive, especially if you are planning to make an unplanned purchase, and there is not enough time to choose a lender.

There is no need to rush, so that you can accommodate it, as in the near future you will reach significant surpluses. Let’s take a look at how credit operates in the market and how can you trust advertising propositions?

Credit without interest: myth or reality?

Furniture, appliances and electronics are expensive, so it’s never easy to figure out how much to spend on your household budget. In addition, many clients can benefit from banking services that allow them to place a deposit on a card without a fee.

With this method, the leader can quickly remove the necessary flow, and then step by step turn the borg, without weeping. Is it really true?

Please note that the legislation of Colombia does not allow the issuance of unpaid loans. Therefore, banks and financial institutions, which want to minimize the profitability of their services, offer their interests at a symbolic 0.01%.

A low rate can be awarded to clients, but it is not excluded that a commission of thousands is paid to the principal, which will have to be paid over the course of this term.

It is not the entire profit that the bank deducts as a type of “loans without interest”. Already at the stage of signing the contract, you can learn about additional considerations, which will not be completely free of are not required from the client and are specified in the loan agreement. Therefore, be careful before signing documents and be sure to understand all the nuances. It is entirely possible that they themselves will be the source of your final decision.

Features of unpaid loans: what to pay attention to

Since we have already switched, you are unlikely to be able to get a loan at 0% in Colombia. For example, if you cancel the line from the defaulting company, you will, however, have to pay a commission to the bank for making payments.

There are a number of features that apply to interest-free loans:

• - Introducing a repayment schedule for the debt. For example, if the employer does not pay the debt during the due period, a heavy fine will be imposed on him.


• - Obvious insurance of the client's life. The insurance service is included until the position is taken into account. Otherwise, you can try to jeopardize this requirement under the laws of Colombia, which always supports the client. So, you can be sure that your insurance is included until you reach your destination.


• - Plan the pre-line repayment of the loan surplus. If you are planning to deposit the full amount and pay the debt, you must not rely on your allowances. Why do you have to go to the branch bank and submit an application for the release of the credit surplus? Some results given by the bank significantly vary depending on the client’s satisfaction.

You can also buy pennies without cost after adding a credit card during the grace period, and you won’t have to pay for any amount of money.

Propositions from financial institutions look much different. Microloans without subsoil or small loans for electronics, household appliances, household materials, etc. are experiencing significant popularity. In this case, financial companies and services can offer positions or microloans at almost 0% for any purpose, but with less paperwork and additional payments. Take a look at this option together.

Credit for 0 hundred per card: pitfalls

Most banks and financial institutions are trying to gain new clients by introducing their prominent minds through various promotions. For example, take out a loan for a month without paying so much. Propositions like these may sometimes be called “pitfalls”. In order not to as possible, we will forgive you!