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1982 Is there really an interest-free loan?
1. 1982 Is there really an interest-free loan?

It's true. 1982, there was a real interest-free loan, but few people used that system at that time. The bold people experienced that opportunity and became the first capitalists in new China.

Interest-free loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them, in which the interest rate is provided free of charge by banks or paid by the government or corresponding institutions according to agreed conditions. "Zero interest rate" is a loan contract reached between banks and individuals or organizations through mutual trust.

2. When was the first interest-free loan in China?

It started late in 2000, and interest-free loans were even later. No, I remember 198.

3. What is the difference between one-year interest-free and two-year interest-free?

The difference between one-year interest-free and two-year interest-free is that there is a time gap of one-year interest-free.

Interest-free policy means that when we borrow money from banks, we give interest relief according to the government's preferential policies. For example, some policies are that a loan is interest-free for five years.

Generally speaking, two years' loan time is longer than one year's, so the difference between them is that two years' interest-free loan can pay less interest for two years.

4. What year was the interest-free loan in China?

Please consult the re-employment security center of the local human resources and social security bureau every year.