PRIVATE LOAN WITHOUT INTEREST

 

PRIVATE LOAN WITH NO INTEREST

A private loan without interest consists of a funding package proposed by a private lender to another private borrower without charging any interest.

A private loan without interest is normally granted either through very close relatives of a borrower or through financial organizations who promote social inclusion.

Private interest-free borrowing is a loan offered to a borrower by an individual but for which he will not have to pay any interest or fees.

Private interest-free loan is a boon for a desperate borrower to find a loan and also because often indebted because of accumulated interest over time.

Interest-free financing from an individual can only come from relatives such as family or friends.


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PRIVATE BORROWING