Question:

0% finance deals?

by  |  earlier

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can u get 0% finance if you have little credit history

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5 ANSWERS


  1. there is NO FREE MONEY


  2. Doubtfully. 0% interest rates are generally reserved for 780-800+ scores.

    You likely won't have that high a score without a good balance of different types of accounts (mortgages, car loans, credit cards), flawless pay history, and several accounts over 2 years old.

    Best of luck!

  3. Its not possible in first view but some of the lender provide you.

    So please check online and select a company who can provide you this facilities.

  4. Most 0% deals are not as straightforward as they look.  Credit cards offering 0% to transfer existing credit, offer just that, and not 0% on any new purchases, those will attract the standard rate.  Then at the end of the 6 months or other period stated, you are up for the full whack on the lot, at their full rate.

    0% finance to buy a new car, for instance, may apply for a very limited period after which you are expected to pay the lot as a balloon payment, or else pay at high interest rates over a time period.  

    Money costs, but it is up to you to figure out how it can cost you less.

  5. yes should be...but the 0% finance deal are usually for limited period of time and then interest become like crazy...so, be extremely careful and pro active with those credit...

    Once the free period expires, they will make sure to inform you at the very last minute to guarantee the fact that you don't have time to pay the balance within the free period frame, and you will be therefore in a new contract with higher (obviously) interest.

    Regards

    J
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