No interest loan?

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ms.piggy
Posts: 15
Joined: Wed Jun 04, 2008 2:02 pm

No interest loan?

Postby ms.piggy » Wed Jun 04, 2008 2:18 pm

Is there a loan company that loans money with no interest? I need a loan but all companies charge interest. Is there such a thing as no interest loan?

theway
Posts: 26
Joined: Tue Jun 03, 2008 6:33 pm

Re: No interest loan?

Postby theway » Wed Jun 04, 2008 2:26 pm

The short answer is no :). However some lending companies and banks offer low or even 0% introductory interest rates, which are usually valid for a few months. Be careful with such offers as there are no free lunches :).

sunshine
Posts: 23
Joined: Tue Jun 03, 2008 5:55 pm

Re: No interest loan?

Postby sunshine » Wed Jun 04, 2008 2:37 pm

You Mom maybe :)
Seriously, the Banks and the loan companies are in this business because of the interest they charge on loans....


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