A free loan is a solution available to people who have not yet used the services of a given non-bank company and this is their first commitment. This means that the payday amount is not increased by commission or interest. Apparently, therefore, thanks to saving on additional fees, we should have less problems with paying the debts. Unfortunately, even a free loan can be very expensive. All because it is necessary to pay back on time. If we do not return the money by the date indicated in the contract, then the amount of the liability will be increased by interest and debt collection activities. On the other hand, we have the option of extending the loan repayment, but this also involves additional costs (depending on the amount of the liability and the period for which we decide to extend the time for repayment). That is why it is so important to choose the amount you want to borrow wisely. We should never apply for a larger sum of money than we actually need, because this “surplus” may prove to be a significant difficulty in timely repayment.
Free loan for PLN 800
This is a good solution when we have a small expenditure. Taking PLN 800 for 30 days, we can try to get back the loan earlier. Although with a free commitment we will not gain as it would with a standard loan, but we will be able to sleep peacefully, and thanks to the fulfillment of the contract, we will be able to reach for another, higher commitment. In addition, we can be appreciated for our reliability. For example, Porfel awards points for individual payday loans. Collecting 100 points results in receiving PLN 100. A free payday loan of PLN 800 can also be found at ViaSMS. In both cases, we have a maximum of 30 days to return the money.
Free loan for PLN 1,600
High free payday pay will cover more demanding expenses, e.g. minor renovation, foreign trip, language course, school fees, etc. Such amount, let’s add the highest available on the Polish non-banking market, we will get at Hypocredit. We have to give the money back within 30 days in order not to pay extra to the commitment or the zloty. The loan sector leader also has one of the cheapest offers to extend payday loans.
Which loan option should you choose for free?
The final answer to this question depends on our individual needs and financial capabilities. Comparing the offers, let’s check carefully the conditions for obtaining a loan for free, the amount of fees for any extension of repayment and fees for debt collection activities (e.g. reminders, requests for payment, etc.)