A large number of banks contribute to the emergence of different lending conditions, this is due to the competition for customers. Thus, such a service as an interest-free loan appeared.
Instructions
Step 1
Apply for a card with a grace period for crediting. This means that for a certain period, about 50-55 days, you will be able to use the amount provided to you by the bank, and at the same time not pay interest.
Step 2
Before applying to the bank for a card, carefully study the conditions for providing such a loan. Find out what goods and services you can pay without interest, because the grace period is not always applicable. For example, if you withdraw money through an ATM, you will be charged interest in any case.
Step 3
Choose the bank with the lowest annual service amount. Despite the fact that you have the opportunity to avoid paying interest, you will have to pay for the card service anyway.
Step 4
A number of shops, when buying household appliances, a cell phone or even a car, offer to purchase goods on credit at 0% per annum. Typically, the full amount must be paid within 24 months, and initially 10% to 50% of the purchase amount. It turns out that you simply purchase goods by installments in a store that has a contractual partnership with a certain bank.
Step 5
Keep a close eye on bank statements and pay off your loan debt on time so that you do not have a delay. Otherwise, you will be charged interest on the loan amount. Also try not to overuse quick loans. An unforeseen situation may occur when you make an expensive purchase with the expectation of a timely replenishment of the card for this amount, but for some reason you will not be able to do this.
Step 6
If you do not have a great need for credit, try to avoid debt obligations altogether. And then you will have a 100% guarantee that you do not have to pay interest to any bank. It is better to ask for help if necessary from friends, acquaintances or relatives. These are the people who not only will not demand interest, but will also be able to get into your position if the debt is not repaid on time.
