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Interest Free Loans

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jennyjoan | 11:29 Sat 01st Oct 2016 | Personal Finance
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are there any interest free loans going about now. thnks
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I doubt it. You might be able to get an interest free CC but it won't be for long.
Look at Martin Lewis money tips site.
Judicious use of credit cards can be interest free but read the T's & C's carefully before becoming a "card tart"!
As far as I know the only interest free loans are from credit card companies for new customers.
If you want to purchase a particular item maybe a shop is offering interest free credit.
Depends, if you are making a big purchase you can still find the Companies selling the items offering interest free loans ie: cars, suites of furniture.
If you are looking short term, a 0% introductory rate is available on credit cards and if you 'play your cards' correctly you can transfer from one to another at the end of the free term. However scrutinise all the rules of any cards very closely.
If very short term, there are Bank accounts around that give interest free overdrafts as part of their package.
you could convert to Islam and approach one of the Islamic banks, but really, I wouldn't recommend it :0)
Anyone can get an Islamic loan, Khandro. You don't have to be a Muslim but in reality they are no cheaper than most High St bank loans

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