Zero Cost Loans… How And Why? There are many benefits to doing a Zero Cost Loan.?? The most obvious one is that it cost you nothing.?? The APR is exactly the same as the note rate.?? How is this done you ask?? Through a little higher interest rate, a company will receive extra compensation from the lender directly. ?With this extra compensation they pay for your closing costs.? It's as simple as that!Your payment, most often...... Similar Editorial : Low Cost Car Loans by Gracy Parker. | Source : Money Debt Help