👉 Insurance with no down payment - This is a phrase used to describe a situation where one does not have any financial resources required for purchasing insurance, like premiums. For instance, if you decide to buy a car but do not have a credit card, it might seem like your financial background isn't strong enough.
Example sentence: "I'm considering buying a new car. I don't think I'll need any down payment because my credit score is already in the 700s."