For your holidays, many banks offer a credit that is fully adapted and allows you to fully enjoy your trip. To avoid deceiving credit institution side, you can use our online travel and vacation credit simulator. It saves you time in your search and offers more than a dozen credit offers. Interest rates are already negotiated, so you’re sure to find the best deals on the market.
The banks that are listed in the comparison have the advantage of being known and attracting many potential customers. Its use is completely free. This also allows you to make considerable savings because by opting for this search option, you no longer have to go to different financial institutions.
Definition of travel and vacation credit
The travel and vacation credit is a consumer loan. It can cover all aspects of your trip, namely, renting your holiday accommodation and your various expenses. The amount of your loan depends on your needs and repayment can be spread over several years.
The travel and vacation credit helps you to finance all your travel plans. This type of credit can be in the form of a revolving credit, a personal loan or an assigned credit.
Before subscribing to a travel and vacation credit, you must check certain points such as the APR. The latter allows you to make an assessment of the cost of credit (difference between the total monthly payments and the amount you borrowed). If the APR is low, you have to find another offer because your trip can be very expensive.
The duration of your refund and insurance are also important criteria when you want to apply for a travel credit.
The formulas that exist for a travel and vacation credit
The travel and vacation credit can be in the form of a personal loan. This is an unallocated credit that can be granted without proof. You can then use the funds you get through this credit as you see fit.
An assigned credit requires proof of expense and must be attributed to a trip. This type of credit is, in most cases, offered by the suppliers.
The travel credit can also be a revolving credit with which you have a fund that you can use at any time without problem. The loan is reconstituted during your repayment and the contract must be concluded over a period of 1 year.