Bank loans, which are obviously quite a good way for banks to earn. Banks charge commission costs and loan interest on an annual basis. One of them is more expensive, the other cheaper. It depends on the offer whether the bank will charge us a 2-4% preparation fee or 10%. Similarly, with interest, which can be up to 10% per annum. So how is it possible to get a free cash loan ? Can both a young person with no history or people paying off other bank obligations apply for a free bank loan?
Free bank loans, amounts
Loans without fees, i.e. you borrow USD 1000 you give back 1000, appear periodically in the offers of banks. Loan for a maximum amount of USD 1,000 spread over a maximum of 12 installments. The actual Annual Interest Rate was 0%. So you borrow a certain amount and give back exactly the same. These offers are proposed by banks to attract customers. The bank grants credit for free, hoping that the customer will focus on other obligations in the future. The maximum amounts that banks can borrow reach USD 4,000.
Applying for a free bank loan
Loans from the APRC 0% proposed by banks are usually granted online. They operate systemically, application completed on the bank’s website, quick analysis and decision on granting. The process of obtaining a loan does not take more than 10 minutes. Loans are granted on the basis of a declaration , without providing income documents. The only thing that is required is a verification transfer made from your bank account to authenticate the customer.
What bank has free loans?
Currently, on the day of writing the article (21/03/2019) Lender bank is offering its customers a free loan. From USD 500 to USD 2,000 for a maximum period of 12 months, APRC 0% . In addition to Lender bank, Lite lender also offers such a product for new customers. In this case, the maximum amount granted by the bank is USD 3,000 for a similar, annual period.
Who can apply for a free bank loan?
The cash loans we describe are granted to people with good BIK and creditworthiness. Also, people who have never had a loan will easily receive the offers. Such amounts are a good idea for building a credit history without costs. As a result, it will be easier to receive a mortgage or further cash loans in the future.
Conditions for obtaining a free bank loan
- Age, 18+ and less than 75 depending on the bank
- PESEL number
- Living in the country
- Phone number
- Bank account number
To get information about which banks currently offer free credit offers, simply enter, for example, “free bank loans” or a bank loan with 0% APRC. We can easily find available offers.