One of the easiest ways - withdrawal from a credit card with a grace period of service.Generally, this period is 50 days.To avoid paying interest on the loan, you only need to get back their debt to the bank during this period.If you exceed the time-limit payment of at least one day, the program will automatically turn on accrual of interest on the loan.
Nevertheless, an additional payment you have to make.They will be the fee for cash withdrawal.Perhaps this will be the only payment.After all, the bank will charge a certain amount for each cash withdrawal from the account.
The second option is to early repayment of the loan.Taken loan money can be anything - like a credit card and other types of loans (consumer, for emergency needs, etc.).In order not to pay interest you need to return the entire amount taken from the bank in the first month of the loan agreement.
In this way, a one-time repayment of the loan to pay interest as you have.They were awarded for the first month of credit use.Banks are not profitable for you to return the money in advance.So a year ago to extinguish the loan ahead of schedule allowed only after 3-6 months from the date of issuance of funds to the consumer.So the bank managed to get some profit.Today, this rule is no longer valid - the new rules enshrined in law.
There is another way to repay the loan without paying interest.They enjoy some craftsmen.Just need two credit cards, one of which will be a grace period of service.On the first - the usual - card taken the necessary funds.By the end of the first month of the second card being required to repay the amount of the first loan.Thus, the loan is paid, the percentage of "do not drip."The debt is repaid by the second card during the grace period.
However, this method of payment of the loan should be avoided.It is often the action of this nature legally defined as "fraud".And this, in turn, can lead to very serious consequences.
Helpful hints Before taking credit for a grace period, or period just for a month, carefully calculated their potential.This is necessary so that after a specified time, you will not be in debt, which is not expected.