vacation loan

Trip debt arrangement

A vacation loan is a personal loan taken out specifically to finance travel or holiday expenses.

Unlike saving in advance, it lets borrowers fund trips immediately and pay back over time with interest.

Financial advisors generally discourage vacation loans since they add debt for a non-essential, depreciating experience: They took out a vacation loan for their honeymoon in Bali.

Related

financing · installment · trip · credit · credit card · resort · beach · escape · repayment · interest · interest rate · tropical · debt · cruise · spring break · road trip · airfare · paradise

Opposites
loan purpose

vacation loanemergency loan

Urgent borrowed money

mortgage · debt consolidation loan · home loan · payday loan · auto loan

Family

vacation, loan, vacations, vacationed, vacationing, vacationer, vacationers, loans, loaned

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