The appearance of financial institutions of online fast mini credits has fostered a market with more and more competition and due to this, the appearance of credits without interest or commissions , destined to promote the financial institutions that offer them. These interest-free credits are requested through the Internet and are obtained in a few minutes, since the companies that offer them are destined to offer fast money. Offers with free credits can be used to obtain financing at zero cost , so it is a good opportunity to obtain this type of credit.
You have several companies that offer credits without interest or commissions and others that offer promotions on their fast credits, offering credits with a very low cost. Here we show you where to request interest-free credits and how to do it easily, quickly and safely.
Where to request credits without interest or commissions?
Interest-free credits are requested in mini-credit finance companies , which offer the money over the Internet and without the need to meet just any requirements. These free credits are normally offered to new clients so that they can test the service.
The financial institutions where you can get loans without interest or commissions or credits with very low management costs are the following:
These credits are changing because it is a method of promotion for this type of company and they usually carry out campaigns for it, so that when they need to increase customers they offer them. If you need financing and these credits have enough money for it, take the opportunity to obtain the money for free , so that at the end of the repayment period you will return the same amount that you have obtained.
How to request fast loans without interest?
To request interest-free loans, you only have to choose the financial entity from the list that best suits your needs and press the request button. Next, you will access the online application web page of said company, where you will have to choose the amount you need and the maximum term for returning the money.
When selecting the amount and the term, the fees that you have to pay for it will appear, so note that these are zero, that is, the amount to be returned is the same that you are going to borrow . All financial institutions offer the interest and fees applied to each loan on their website, as this is the best way to offer transparency in management.
Later you will have to fill in a form with your data , which will be used to carry out the financial risk study, the result of which will be communicated to you within a few minutes after having sent said form.
In the event that the credit is accepted, you will only have to confirm it and they will send you the money immediately to your bank account number, thus being able to have the money in 10 minutes without having to perform paperwork.
It is possible that in case of doubt, the financial institution will request more information by email. This information is usually a copy of your DNI or NIE, a copy of your bank account or a receipt domiciled in it, and a copy of your payroll or proof of income if this is a necessary requirement. You can scan these documents or take a photograph of them with your digital camera or mobile phone and send them via email.
What requirements do you have to meet to obtain interest-free credits?
The most important requirements that you have to meet to obtain interest-free loans are in the previous list , but in addition to them, in most companies you will have to meet the following:
- Be of age.
- Have an identity document such as a DNI or NIE.
- Have an email address.
- Have a mobile phone.
- Have a bank account, which will be used to deposit the credit money.
As you can see, all these loans are without collateral , so it is not necessary to offer an additional guarantee to get them. It is possible that a payroll, pension or proof of periodic income is necessary, although it is possible to obtain the credits without payroll .
Finally, comment that most financial institutions of interest-free loans consult lists of defaulters such as Credit Checker or RAI and if you are included in them it will be difficult for them to accept it, although there are financial institutions that offer loans to customers with Credit Checker .
Types of interest-free loans that you can request
It is possible to get interest-free loans through different financial products . Most are through offers or promotions offered by financial institutions to their new clients. It is also possible to obtain interest-free loans when financing purchases in the stores themselves or obtaining money advances in a bank.
Some fast mini-credit financial institutions offer credits without interest or commissions, to new clients who request fast money. This is due to the fact that there is a lot of competition between these financial institutions and clients tend to request more loans in the future, so offering fast, interest-free loans allows them to get new clients so that they can test their financial products without paying anything for it.
Financial entities that offer interest-free loans through mini-credits usually offer the first loan up to $ 300 at no cost to the client. This amount is less than what they can offer in the future, but enough so that customers can test the speed and simplicity of their credits.
Interest-free car pawns
Some loan companies with the guarantee of a car through the Internet allow you to pawn a vehicle and return the money without interest when recovering it. These companies allow you to continue driving the vehicle optionally through a rental contract, but in the case of not contracting this option, the loan will cost you nothing.
Some banks allow you to obtain interest-free loans through payroll advance. For this you have to have a bank account in the bank and the direct debit payroll, so that when you need liquidity you can make the request and they will advance your payroll or a percentage of it without having to pay interest or commissions. It is a good option to get a free fast loan and without paperwork.
Credit cards with payment at the end of the month without interest
Credit cards usually offer the ability to pay off your credit at the end of the month or in monthly installments. By selecting the payment at the end of the month you will not have to pay interest, since they will only charge you the credit consumed. This means that you can get a loan without interest or commissions for your purchases made throughout the month.
Financing in stores without interest or commissions
Some stores offer the possibility of financing your purchases made without interest or commissions. This makes them lend you money without having to pay for it, but make your purchases in their stores, getting more customers and sales. In this way you can benefit from simple financing and pay for the purchased product in convenient monthly installments without interest.
What must be taken into account when applying for a loan without interest or commissions?
When requesting loans without interest or commissions, certain things must be taken into account, so that in the end you do not have to pay anything for the money borrowed, since not all interest-free loans are free , because they may have hidden commissions or links .
To be sure that the requested loan has no interest or commissions, consult its APR. The APR or equivalent annual rate tells you the percentage of money that you will have to pay per year for the money borrowed. This APR has to be 0% for the loan to be free.
Do not confuse the APR with the TIN (nominal interest rate). The TIN indicates the interest rate that is applied for the borrowed money, but does not take into account the commissions or other types of expenses of the operation.
You can also check the loan amortization table , where you can see that you return the same amount of money that you have obtained. And finally, we recommend that you read the loan agreement, to check that there are no hidden fees or costs .
Why do you offer the first loan without interest?
Fast online loan companies have multiplied in recent years, so they need to differentiate themselves from the competition and offer offers and promotions in order to sell more. One of these promotions they offer is the possibility of obtaining the first loan without interest, so that clients can try the loans they offer without paying anything for it.
Customers who request this type of credit need the application process to be simple and that the money is available in their bank account within the term offered by the financial institution, so the best way for these companies to demonstrate the speed in managing and sending money is offering the possibility of getting the first loan without paying interest . In this way, more clients will verify that their loans are fast and it is safe to apply for them.
Advantages offered by interest-free loans
The main advantage offered by credits without interest or commissions is that you will not have to pay anything for them , that is, the same amount you get is the one you return, so it is a good way to obtain financing without paying anything for she. This type of credit is possible, since it is the best way to promote a financial company, making customers try their service without paying anything in return .
Interest-free loans are unsecured loans , which means that you will not have to leave a guarantor or guarantor to get the money. This is a great advantage over secured loans, since in case of not being able to return the credit on time, they will not be able to seize said guarantee.
The interest-free loans offered by online fast mini-credit entities are easily requested through the Internet, not being necessary to carry out paperwork and being the fastest way to get money , since it is possible to have it in 10 minutes. You will only have to fill out a form with your data and if your request is approved they will send you the money immediately.
You have total confidentiality requesting these loans online, since the financial companies will not give your data to anyone, as long as you return the money within the stipulated period, since otherwise they could include you in Credit Checker. Their web pages are secure as they use encrypted data, and these financial entities are well-known companies.
In TheTourism Loan you have all kinds of financial products to get quick money online and without the need for paperwork. Select the type of loan you need at this time, compare the financial institutions that offer it and request quick money at this time, being able to have it in a few minutes.