Is it possible to make payments through a company for a vacation? Ex., Put down $200-$500 and pay monthly before my scheduled trip? I don't use credit cards, nor do I have one. Is there a trusted company/website that will allow me to do that?
2007-09-28 10:10:43 · 7 answers · asked by Mind Your Own-You know who you r 1 in Business & Finance ➔ Credit
The reason we don't save it in a savings account is because we'll know we have access to it, and if it's there, we'd be able to use it for emergency money, other bills, etc. I want the money invested and already binded with the trip.
2007-09-28 10:46:26 · update #1
Most travel agencies require you to put some money down then pay the balance a certain time period before the trip. They generally don't care how you pay the remaining balance (over a month or one lump sum the day before it is due).
Honestly though, why pay monthly when you could stick that same amount in the bank, earn interest, and then pay it in a lump sum. Also, if you aren't getting travel insurance, don't pay monthly, that way, if for some reason you have to cancel the trip, you still have your money...
2007-09-28 10:22:15 · answer #1 · answered by Dan 4 · 0⤊ 0⤋
You will almost certainly need a credit card to make reservations for a car, hotel, cruise or a package deal. The best way is to pay yourself in advance.
At each pay day after rent and utilities, pay yourself $200-$500 and put it in an interest barring account, like an IGA account or a money market.
Then when it is time to go you have the cost of your trip and a couple bucks for a Bahama Mama rum drink on the beach.
If some company allows you to finance your trip (pay monthly) they will charge you fees and maybe interest so when it's time to go not only do you not have money for the Bahama Mama but you have even less money in your pocket.
Have fun.
2007-09-28 10:21:39 · answer #2 · answered by Anonymous · 1⤊ 0⤋
Get a Debit Card. It is used mostly for money you already have, but also can be used as a credit card, if you run out of funds. Either way, you have a checking account (which uses the money u already have). and a savings account , where you can save money with interest. Its your best bet, and you dont have to worry about gettin charged interest for your spending. Now if you plan on going on a cruise or something, Carnival lets you pay a deposit, and then gives you so much days to pay the rest. So you might want to do something like that. Good Luck!
2007-09-28 10:41:01 · answer #3 · answered by tenchyz 2 · 0⤊ 0⤋
Many companies that do that will likely have skipped town before you are due to travel .
It is much cheaper to book each of your elements yourself .
Book your own flight and pay with your debit card .
Later , book your own lodging and pay with travelers checks when you get there .
Or , book through AAA . Agencies are not free though and you pay a premium for company middle men .
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2007-09-28 10:48:55 · answer #4 · answered by kate 7 · 0⤊ 0⤋
Check with your bank and see if they have some kind of vacation club account. I don't know if they still exist, but you put money in every week and can't get it out till the specific date.
2007-09-28 11:29:48 · answer #5 · answered by bdancer222 7 · 0⤊ 0⤋
why don't you open a saving account and just put the money
aside and don't touch it until you go on your trip. At least
you know it won't get lost with someone else.
2007-09-28 10:17:36 · answer #6 · answered by Anonymous · 1⤊ 0⤋
Yeah its called saving. you put the money in yourself and dont spend it until you pay for your trip.
2007-09-28 10:26:39 · answer #7 · answered by whatswrongwithme 2 · 0⤊ 0⤋