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No-interest loans can provide extra cash to pay a bill or cover an unexpected expense. But interest-free doesn't necessarily mean no cost. It's important to understand what fees — in addition to the principal — you may need to pay when getting a no-interest loan.
What Is an Interest-free Loan? Interest-free loans are exactly what they sound like: loans that charge no interest. It’s important to know that this does not necessarily mean that the loan is free.
LightStream offers loans with both a low minimum and maximum interest rate, along with a rate-beat program.LightStream’s unsecured personal loans range from $5,000 to $100,000 with loan amounts ...
This article explains how interest-free loans work, where to find them and how to decide whether this financing option is right for you. View prequalified personal loan rates in minutes.
Typically, companies market this type of loan with a time frame for paying it off interest-free. For example, a furniture store may say you can get interest-free financing for 24 months.