Competition in the loan market is currently so great that it is no longer a problem to get a loan that is completely free of fees and interest. You can borrow for example CZK 3,000 and return CZK 3,000 and not even an extra crown. Some loans are offered by some non-bank companies, but they only provide the loan free of charge for the first time – in the case of a further loan application, the client has to pay the fee.
It is also necessary to say that these free loans are provided only for small amounts – usually a maximum of CZK 10,000, only rarely is it possible to borrow a higher amount without charge and interest. For large loans of tens to hundreds of thousands, there is no such possibility, and it is always necessary to reckon with a slightly higher amount than you have borrowed.
Who offers loans without fees and interest?
As has been said, these are exclusively non-bank companies that attract especially those who take out a loan for the first time in their lives, or risky clients who cannot get a loan from a bank. There is nothing special about free-of-charge loan offers and there is no need to worry that such a loan is not serious – the competition in this area is so great that the first free loan offer pays off – many clients borrow again after the first good experience.
How to choose the best loan without fees?
Above all, cheaters should be avoided when choosing the ideal loan without fees and interest. Therefore, never arrange such loans on the basis of advertising texts in newspapers or advertisements posted outside – always arrange the loan over the Internet and get the basic information from the provider. The easiest and fastest method is to use one of the loan comparators – for these sites you can be sure that only verified companies are included in the comparison.
What do you want to watch for free loans?
For loans without fees and interest, two things must be taken into account. First, you need to select a truly solid and proven company – there are a lot of fraudsters on the market who claim to provide a loan for free, but in fact it is a pure fraud (eg those who operate overpriced telephone lines, etc.). The second thing to remember is the due date – if you repay the loan on time, everything is fine and no additional fee is at risk, but if you fail to pay the borrowed money by the prescribed date, you will be charged a fee. The companies that lend to new clients without any charge and interest are more, we have chosen three for you, where you can be sure of a solid and fair deal:
In the case of the Japanese loan, this is not a brand new product, but a renaming and adjustment of the earlier Click Credit offer. Already before, Click Credit was one of the most advantageous non-bank loans, and it is doubly true after rebranding for a Japanese loan. It is a short-term non-bank loan that is completely free for new clients – you can borrow up to CZK 10,000 for the first time and if you repay it within 30 days, the fee will be returned and the loan will not cost you a crown. It should be noted, however, that even in the case of a repeated application, when the fees are already charged, the Japanese loan is very advantageous – the fee is only CZK 33 for each loaned thousand and extending the loan is very cheap.
The loan is on
A popular non-bank loan that is fast, easy and almost for everyone. For truloan you can borrow up to CZK 8,000 for the first time without any charge – you only need to be at least 18 years old, have a bank account and repay the loan on time, ie within one month at the latest. For other loan applications, you can get up to CZK 15,000, but there is no fee that is not low.
Zaloan is one of the best-known providers of fast loans. It has changed its offer in recent years and now offers the first free loan. However, it is only a loan of CZK 3,000 for a period of 30 days. All other loans are already charged, but regular customers can borrow higher amounts up to CZK 100,000. Also new in the Zaloan product range is Credit Limit – a financial reserve that can be used to fund up to CZK 25,000.