How to Borrow Money Without Paying Interest?
Most people assume that when they take out a loan that they will have to pay back the amount of the loan plus interest on the money borrowed. In most cases this is true, but there are two sources of potential interest-free loans that could be a consideration for those looking for a loan with no interest. Read on to learn about why both should be approached with caution and which one is a better option for you. The first source would be family and friends. Many people looking for money to borrow tend to turn to family or friends and most family members and good friends won’t attach interest onto money borrowed. This might seem like an excellent idea, but keep in mind that money issues between family or friends can turn sour and you might end up tainting a relationship or friendship. The key to borrowing money from friends and family is to do so sparingly and with a written agreement. If you decide to borrow from someone you know, make it clear that the person should not feel obligated t
