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A question regarding interest free loan

gtz101
gtz101 Posts: 593 Forumite
in Loans
Hi, Im from the UK and looking to borrow £5000 via interest free loan for a certain fix period.

Can someone please recommend me a company that offers this and is a very well, reputed and respectable company?
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Comments

  • chirpy007
    chirpy007 Posts: 444 Forumite
    Part of the Furniture Combo Breaker
    gtz101 wrote:
    Hi, Im from the UK and looking to borrow £5000 via interest free loan.

    Can someone please recommend me a company that offers this and is a very well, reputed and respectable company?


    :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl:
  • BullyCornedBeef
    BullyCornedBeef Posts: 126 Forumite
    How would a bank/lender make money if it was interest free?

    Im sorry but I dont think they exist!
  • Emmzi
    Emmzi Posts: 8,658 Forumite
    1,000 Posts Combo Breaker
    try the credit card stoozing thread.
    Debt free 4th April 2007.
    New house. Bigger mortgage. MFWB after I have my buffer cash in place.
  • gtz101
    gtz101 Posts: 593 Forumite
    They do exist. Do a google search (remember its for a fixed period) but the thing is I'm not sure which one to go for.
  • chirpy007
    chirpy007 Posts: 444 Forumite
    Part of the Furniture Combo Breaker
    Well l have "googled" and found in theory they exist but l couldnt actually find a link to one except for specific goods/services which has always been the case. I couldnt find a any purpose one.
  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Do you mean buy now pay later type of loans??
    These are poor quality as though they were doing you a favour but of course the interest racks up until you pay it off.
    There's nowt for owt.
  • kenshaz
    kenshaz Posts: 3,155 Forumite
    Part of the Furniture Combo Breaker
    Try https://www.stoozing.com

    good luck
    [FONT=Arial, Helvetica, sans-serif]To be happy you need to make someone happy.[/FONT]
  • gtz101
    gtz101 Posts: 593 Forumite
    ejones999 wrote:
    Do you mean buy now pay later type of loans??
    These are poor quality as though they were doing you a favour but of course the interest racks up until you pay it off.
    There's nowt for owt.

    Yeah. Its like if you can settle the full amount in x number of months, theres no interest.
  • Mark7799
    Mark7799 Posts: 4,806 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    What are you looking for the loan for?

    There may be retailers who will provide interest free credit for certain items but you could still get better deals in terms of price by taking 'normal' credit facilities.

    If it's not for a specific purpose and the credit through the retailer I doubt if you'd get anything (love to know if you could though) outside of interest-free periods on credit cards (if you can find any)
    Gwlad heb iaith, gwlad heb galon
  • gtz101
    gtz101 Posts: 593 Forumite
    Mark7799 wrote:
    What are you looking for the loan for?

    A used car
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