 TITLE: What Is a No-Interest Loan? CONTENT: What Kind of No-Interest Loans Can I Get?\n-----------------------------------------\nHere are some types of no-interest loans:\n*   **Furniture or appliance loans**: If you're buying furniture or other costly items for your home, you'll likely come across no-interest loan offers at retail establishments. These loans often charge deferred interest, so if you don't pay off these purchases by the set promotional period, you'll pay interest on the entire amount (and then possibly interest on that deferred interest depending on how long it takes you to pay off the entire amount).\n*   **Car loans**: Some car dealerships entice buyers with no-interest auto loans. A zero-interest auto loan may require a shorter loan period, so you may have higher monthly payments, and you could miss out on incentives such as manufacturer rebates. These secured loans with set monthly payments do not charge deferred interest.\n*   **Medical loans**: Medical care can be expensive, especially if you don't have good insurance or any insurance at all. You may find your doctor participates in a no-interest loan program to help make their care more affordable. Just be sure you know the loan details, as these programs may charge a high interest rate if you don't pay your bill in full by a certain deadline.\n*   **Nonprofit loans**: In an effort to help people who need financial help, some nonprofit organizations offer no-interest loans. But you could fall into the same trap of owing interest and other charges if you don't pay back the loan on time. END