The loans proposed for travel and holidays are generally provided through customized forms and specific consumer credit finalized. If you need liquidity for your holidays, find out how to get the so-called holiday loans. This type of financing is often proposed by the various travel agencies where the travel package is purchased
These agencies, affiliated with credit institutions, once the contract has been submitted to the applicant, will obtain from the financial institution the amount of the travel package purchased.
The customer will reimburse the pre-established monthly installment in the amortization plan to the financial institution by bank RID.
If this formula is adopted, it is not possible to obtain additional liquid sums for ancillary expenses.
It is however possible to request this type of financing also through personal loan or salary-backed loan and therefore without having to justify the purpose and with the possibility of requesting a larger sum that may eventually cover the expenses to be incurred during the trip.
The payment in both cases depends on the creditworthiness and the economic power of the applicant.
LOANS HOLIDAYS IN THE FORM OF CREDIT TO CONSUMPTION
The loan is paid by the finance company directly to the travel agency where the holiday is purchased
No additional amount may be obtained by the applicant for other purposes and additional costs.
Interest rates are, in general, slightly lower than those of a personal loan.
The amounts obtainable are linked to the purchase value of the good or service (and in any case assessed in relation to the applicant’s power to return)
LOANS HOLIDAYS IN THE FORM OF PERSONAL LOANS
In the event that the loan for travel and holidays is requested in the form of a personal loan, it is possible to obtain additional sums greater than the value of the expense.
Obtaining this type of loan is subject to the characteristics of the applicant and can be in the form of a personal loan (for all those with demonstrable income) or a fifth salary (for all employees and pensioners).
In the case of personal loans it is necessary not to be protested or bad payers.
The amounts can even reach up to 30,000 euros.