Website Offers Installment Plan To Pay For A Trip Over Time

August 20, 2019

For the most part, the longer you wait to book your airfare and hotel for a business trip or vacation, the more expensive it becomes.  Not to mention the availability. While putting those expenses on a credit card will give you some time to pay it off, it can also tie up available credit that you may need in an emergency.  Not to mention a high credit card balance can lower your overall credit score. Not to worry as online travel service website, CheapAir offers a payment plan for flights and hotels booked through the website. Now instead of having to pay for everything upfront, you can finance a trip through the site and split those payments over 3, 6, or 12 months making them significantly more manageable. Loans are applied for and come with a 10%-30% APR, depending on your credit situation. While 30% is certainly a high-interest rate, it may be lesser of the two if your airfare and hotel prices jump 50% between now and when you're able to pay for the reservation.

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SOURCE: Lifehacker

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