Zero-rate financing exist in illusion or reality
Before examining the hypotheses of zero-rate loans, it is important to fix an assumption: Italy is completely westernized and this entails a system in which the economy is semi-capitalist and/ or interventionist. From this “regime” derives the fact that interest is the consideration of the capital loaned or, as they are also called, the “fruits” of money. At first glance, a loan without “fruit” would be unthinkable, that is, at zero rate where 0 or zero is to be understood as the total lack of renumbering for those who lend the money. In a nutshell, zero-interest financing would be done for free. We say that, unlike what is expected in many Arab countries, the rate 0 is generally impractical because it is incompatible with today’s economic system. However, if there are some hypotheses in which zero-rate loans are reality, most of the zero-rate hypotheses are a mere accounting illusion implemented through aggressive marketing techniques.
Partially answer in the affirmative
So if the question is whether zero rates exist, we can only partially answer in the affirmative. In fact, who can take on the real, real, rate 0? The only entity that can and must, in certain cases, take on loans at zero rates is the state. This is the only lender that has the ability to provide zero financing also through the collaboration of a private individual (credit institutions). The rate-0 loans made by the state are the result of certain choices to encourage the employment policy of an area or of the whole territory.
Not only. Do you think that a government goes beyond the zero rate in the sense that it even finances activities where the return of the financed capital is not foreseen in whole or in part (see the so-called non-repayable loan). Similar to the state are non-profit organizations which likewise allocate modest zero-interest payday loans to help socially disadvantaged people in various capacities. All the other individuals, who are private, hardly give up the rate gain. Let’s see who I am.
In the sector of normal credit institutions, zero-interest financing is very rare, the reasons explained above. The only case that comes to mind is that of some non-profit foundations created by banks which finance a loan at zero rate which is actually at 0 for those who use it, but the return of the foundation and therefore of those who have it it was created indirectly both through the advertising of the initiative which brings benefits in terms of image and acquisition of new customers, and, above all, in tax terms.
Well, what can I say, they know one more than the devil! Outside of this case let’s put our soul in peace and forget the zero rates while we can continue with the illusion, let’s say the accountant, of the zero rate in consumer credit , where, after playing with the Tan, they also play with APR. Well, once upon a time there was, mind you, tan zero that is what was advertised as 0 was (and still is today) the Annual Nominal Rate of the financing, while if you checked the Taeg, to be compulsorily put, but put in very minute characters, it was realized that with the accessory charges the real rate was 15-20% or more. Today, thanks to many sites like ours who buys this game and therefore who have come up with the magicians of finance? The zero tag ! But is it really 0?
It is offered on both used products
Certainly not! The zero taeg is only formal, as it is offered on both used products, e.g. zero rate cars, both new but technologically obsolete. Be the first, e.g. the zero car rate, which in seconds, just increase the price base and you’re done! In particular, the 0 taeg rate technique is used in electronics products which by their nature have a rapid technological obsolescence, so that their cost drops in a few months because replaced by the new product. In this case, in exchange for lowering the price you sell with the zero taeg formula and then you recover what is apparently lost with the 0 rate. Brilliant! To confirm this, ask yourself the following question: have you ever seen a loan at zero rate taeg on a product that has just been released?
Answer: No! Examples of zero-interest loans can be found in the sale at consumer electronics and IT stores carried out by chains such as mediaworld euronics and trony expert or unieuro or by the large-scale distribution of household appliances and furniture such as carrefour or the comet group or decathlon and leroy merlin or momdo convenience etc. etc. which have agreements with the main financial companies. We just have to end the speech in the same way it started: it is impossible for a bank to make zero-interest loans because … would you work for free for another? At most, it can provide you with subsidized loans in the area of financing and payday loans