Free loans. Who offers them?

 

In addition to paying the bank interest on the loan, you also have to pay a fee. Some lender, however, do not charge a credit fee, or they will forgive you for the credit. We looked at which lender lends you today without charge.

Loans without fees

Loans without fees

The fee for granting (processing) a loan today is forgiven by clients of several banks. Although banks does not forgive the fee when granting a loan, it will, under certain conditions, return it to the client.

The loan fee is charged by lender as a certain percentage (usually between 2% and 5%) of the amount borrowed or as a fixed amount according to the loan amount. Despite the fact that consumer loans are not as high as mortgages, the amount of this fee can range from tens to hundreds of dollars. For a loan of USD 15,000 and a fee of 2%, the fee is USD 300. That you can save it will certainly please.

Conditions for discounts

Conditions for discounts

Most banks have a condition for forgiveness of the fee, so that a person who takes a loan with them must have an account with the same bank. It’s a classic cross selling, which means your bank will forgive you for one service if you pay for another service (account maintenance), which is usually no longer free.

Where do you get a free loan?

Where do you get a free loan?

The bank offers its clients free of charge loans online. It is necessary to have an account with this bank, the advantage is that the account is free of charge. The loan can be applied for through a mobile app, the client does not need to submit any additional documents.

Similarly, the online bank  promises a loan free of charge and even without documentary evidence. You also need an account.

Although lender has a fee for providing a loan in its price list, the bank informs the bank that clients do not currently pay this fee. If you actively use your account with bank, you can also get a discount on interest.

Lender also offers a 100% discount on the loan processing fee, which is also available online. You can save 30 – 300 dollars depending on the loan amount.

Bank also offers a loan free of charge. He promises that if you have an account with this bank, you will receive the money as soon as you sign the contract.

Banks will not forgive the loan fee right from the start, but will refund it after 18 months if you meet its requirements. For example, you are repaying a loan from an account at this bank, and you haven’t been late for more than 5 days with a repayment or fee, and you can’t repay the loan early.

As part of a time-limited action, which is valid until the end of June, bank also forgives the fee for processing the Better Installment loan.

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