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Personal loan
Is it possible to get loan without interest
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[QUOTE="Kendy, post: 216458, member: 63869"] Well, although it is uncommon but it is also very possible to get leverage to loans without interest but such loans would either come from your family member or acquaintances. There is no financial institution that will give out loans without an interest rate attached and this is because it is also a source of revenue to them. Inasmuch as the loan you collect is to make progress, the banks too will attached some interest rate. It is best to avoid taking loans at all cost and if need be, get only loans without high-yielding rates and ensure that the duration for repayment is favourable. It is unwise to get loans with excessive interest because you would run at a great loss. Also, you should not have the mindset of loans without interest because this is not totally possible when third-parties outside your acquaintances are involved. There could be other alternatives where loans are free without interest and this is majorly from government empowerment, grants and loans to help enliven the burden on the citizens. In my Country, those who are into agricultural activities mainly have more opportunities of getting loans without interest because of the government subsidy and interventions programmes. [/QUOTE]
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