Good-Guy
VIP Contributor
There are many banks that provide loans to their clients. They often demand mortgage as security in return of the loans provided to their clients and they also charge huge interests on the oloans provided to their customers. However, there are many organizations in our country that provide interest-free loans. For example, I live in a Muslim country and in here there are some private organizations and some governmental organizations that offer interest-free loans to customers. I am really not sure how they earn profits on these kind of loans, but they do offer such kind of loans to general public. As far as I know, they also offer student loans that are interest-free. So, have you ever borrowed loans that never required you to pay interest?