First interest-free loan – where to apply for it?
Today, no one is surprised by the offer of the first interest-free loan. Payday loan without costs has permanently entered the offer of non-bank institutions, which lend to new clients without interest. Free loans for 30 days and free loans for 60 days may differ in the amount and terms of further cooperation. Where are the most attractive loan offers without commissions and interest waiting for us? Check and enjoy fast cash for smaller and larger expenses.
A loan with no commission or interest encourages you to apply
The popularity of borrowing is not falling. Loans for free undoubtedly contribute to the excellent results of the loan sector, which according to surveys takes customers from banks. Only in the first half of 2017, non-bank financial institutions raised 24,000 new customers and granted 692,000 loans online. This result is 9.4 percent better than last year 1. We are happy to use the services of the loan sector, because we can easily and quickly get additional funds. And free loans are a very attractive item on the offer of non-bank institutions.
Interest-free loans consist of borrowing at no cost. We give back exactly the same amount we received from the lender. Remember! We borrow for free only if we return the money on time. Late payments force the loan company to charge costs in accordance with the table of fees that we receive with the contract. The loan period is 30, 45 or 60 days.
We need to know that the free loan is only for new customers. With each subsequent contract you have to consider the fees. Let’s check what exactly payday loans offer us.
30-day loan with no interest
A free loan for 30 days is the most typical payday loan in the offer of non-bank financial institutions. It is a convenient solution when you do not need a high amount and you want to quickly return the money. The application procedure is simple and usually done 100% online. Where to borrow money? Let’s check the offers in the top positions of the last payday ranking.
Frogarcred offers the first loan in the promotion up to PLN 2,000. APRC 0% guarantees no costs and a quick decision, so you should register and submit an application now. 18 to 75 years old can apply for a payday loan. The condition is the absence of financial arrears, which are recorded by the Credit Information Bureau and the Economic Information Bureau.
Wandoo is an even higher loan amount without interest, which is PLN 2,500. The lender allows you to confirm your identity in two ways. You can send a verification transfer or use the Instantor application. The company grants loans for an ID card, there is no requirement to provide income certificates.
The loan in the Globe Loan promotion is also PLN 2,500. Loyal customers will be able to apply for up to PLN 7,000! It is worth establishing cooperation for longer and using interesting offers.
Visset offers a lower amount, namely PLN 1,000. However, this is enough to cover unforeseen expenses and maintain liquidity.
MetLoan encourages with a loan of up to PLN 3,000 and discounts for regular customers. The loan process takes a few minutes and additional funds can be used for any purpose.
Loan Minute offers a loan with no interest up to PLN 1,500. To obtain it, we must complete the application, make a PLN 0.01 transfer to the lender’s account and wait for verification. A positive decision results in sending money in 15 minutes!
Interest-free loans for 60 days and 45 days
Which companies offer us payday loans for 60 days and payday loans for 45 days? Let’s check what offers you definitely can’t miss! A loan with no commission or interest can be found in the CashMan offer. The borrowing process is 100% online, and we receive money from payday loans straight to the bank account. We can apply for a loan wherever we are using a tablet, smartphone or computer with network access.
The 60-day loan period is also an advantage of Zengga’s offer. In this case, however, the loan is not free. When applying for the first loan up to PLN 1,500, we must pay PLN 10 of the cost. This is not a high fee, so it’s worth having this lender in mind.
45 days to pay back the loan is also a good offer. We get 15 days more than a typical payday loan. LendFor comes to us with such an offer. It guarantees a loan of up to PLN 2,500 for customers aged 21 to 70. If you have unexpected expenses, go ahead and apply for a loan.
In turn, Porfel offers a loan of up to PLN 3,000. The 45-day loan period allows you to collect the amount needed to pay back the debt and not worry about late repayment. The decision is quick, thanks to which the money instantly goes to your account. It is worth noting that the company provides loans without account verification.
A loan with no interest on installments
The installment loans offer also includes interesting interest-free loans. They are characterized not only by the lack of costs, but also by the possibility of borrowing a larger amount. We give the loan back over a few months, which is why it is not a burden on our budget. What’s more, you can also find an interest-free offer in new payday loans, which are provided by “fresh” companies on the non-bank market.
DuperGross provides a free loan of up to PLN 15,000. The condition is a refund of up to 30 days! If we are on time, we will give back exactly what we borrowed. The advantage of this offer are three ways to confirm your identity. We can make a traditional penny transfer, log in to your account or choose a Giro check and collect money at the post office.
Provident does not impose an obligation to return the loan within 30 days. It offers a free installment loan for 4 months, in the amount from 500 to 1500 PLN. APRC 0% guarantees no costs. If such an injection of cash is not able to meet our needs, we can choose a loan for PLN 0 in a month, the maximum amount of which is PLN 15,000. In this case, we follow the same rules as for a DuperGross loan. We must return the debt within 30 days or pay the installments according to the schedule and the schedule of fees.
First interest-free loan – ranking makes it easy to make decisions!
How do you look for non-bank loans? The easiest way is to use the loan ranking, which compares the best offers. We should compare individual suggestions to make sure that we have chosen the best option. Interest-free loans have one of the most important advantages for us – they don’t charge you any costs! That is why we only need to check the loan period and the payday amount. You can also pay attention to the conditions for further cooperation.
When browsing offers, it is worth looking for answers to some basic questions:
- How much can I borrow on the second and subsequent contract?
- Does the company encourage lending by offering to participate in loyalty programs?
- Does a non-bank institution provide early repayment or refinancing in the event of financial problems?
Finding this information can help us make the decision to apply for a non-bank loan with no commission or interest.
Who can apply for a loan without additional costs?
When we decide to take payday loans, we ask ourselves if I will get a loan? The lenders set simple requirements that we will check by entering the website of the selected non-bank institution.
Conditions imposed on non-bank companies for borrowers:
- the right age – loans for young people and loans for retirees without age restrictions are not a problem! Non-bank financial institutions are open to cooperation and reviewing offers, we will definitely find a loan from 18 or 65;
- positive credit history – you can check your credit history thanks to BIK reports that allow you to check your financial credibility. It can be downloaded from the Credit Information Bureau website;
- no entries in the debt registers (ERIF, KRD, BIG InfoMonitor);
- possession of Polish citizenship and permanent address in Poland;
- active cell phone number;
- account in a Polish bank – customer verification is usually done by transfer, but in many cases other methods of identity confirmation are also available, e.g. Instantor.
The procedure for applying for the first loan without interest
We are only a few steps away from the first free loan. What needs to be done to get the money into our account?
Stages of applying for a free online loan:
- Decide on the loan amount and period. If you need PLN 1000, don’t borrow more. Rational use of loans is the best way to avoid a spiral of debt and other problems related to late payments.
- Fill out the online form, provide basic data.
- Verify your identity and wait for your decision.
- Get money in your account and distribute cash wisely.