Summer is coming, it’s time for an adventure. We work all year long, we learn and finally the longed-for holiday is approaching. We have been dreaming about how we will spend this special time for several months. If you not only want to rest and recharge the “batteries” for the next year, but also have unforgettable memories, we have to reckon with the higher costs of summer rest. Some people scrupulously postpone every month to have a large budget for summer madness, others – less strenuous – will have to consider whether the loan for vacation 2018, will make it possible to fulfill the dream of a wonderful rest.
Holiday loan 2018
There are at least a few possibilities to obtain funds for a trip – cash loans from a bank, loans from a debit limit in a personal account, payday loans (now even available in a version with installments ). Let’s do a short review of the possibility of obtaining money, taking into account the cost of the loan and its availability to the client.
The loan is the easiest to obtain and at the same time the most expensive one. Obtaining money requires submitting an application on the lender’s website, which takes just a few minutes. No certificate of earnings are required to complete the application – all you have to do is fill in the amount of income you get. Some loan companies do not even check BIK data, but they often check registers containing data of unreliable debtors. An online loan for new clients usually ranges from PLN 200 to PLN 2000. Sometimes the first loan is free, subject to repayment within a certain period. Rates are granted for up to 60 days, although the maximum loan length is usually 30 days.
Usually, the cost of such a loan is high and amounts to approximately PLN 200-300 for commissions and interest for PLN 1,000 borrowed per month, which is why it is necessary to think carefully about this type of obligations. The upside is that you can have money on your account even within half an hour. A payday loan is addressed to adults – 18 or 21 years old. By default, the borrower must have Polish citizenship, a place of residence in Poland, a mobile phone, a bank account and employment. The money obtained from the loan can be used for any purpose – for example, dream vacation.
A loan in a personal account
The type of credit for regular customers, also called a debit card, is intended for customers who have a permanent impact on a bank account, eg due to a salary. As a standard, the amount of debit proposed by the bank is at the level of the monthly salary of the client. The conclusion of a renewable credit agreement does not generate costs for the client – no commission for granting. The overdraft facility agreement is usually concluded for 12 months, but the machine is extended for subsequent periods. The cost of the loan is the interest rate, calculated on the funds used – each income on the account reduces the amount from which interest is calculated. The interest rate is four times the lombard rate set by NPB (maximum interest for cash loans) now 10% per annum. Cash is available at any time – the decision to leave can be made immediately, eg. As we find a great offer of last minute trips.
A credit card is a financial instrument allowing free use of cash, subject to making non-cash payments and repayment of all debt in the date indicated on the monthly statement. With a credit card, you can also withdraw cash, but then interest is charged from the date of payment. The funds used from the card limit are usually interest on the level of four times the lombard rate set by the NPB (maximum interest for cash loans) now it is 10% per annum. Having a credit card requires an annual fee for the card, fees for issuing the card and a commission for cash withdrawals.
Online cash loan
Online cash loan – a cash loan with a simplified procedure for awarding funds. The loan is repayable in monthly installments. Such a loan is intended for regular bank customers with a fixed income on the account. This solution avoids a visit to the bank’s outlet, however, the borrower is checked in the BIK databases and the debtors’ register, and the online applications pertain to low loans in the PLN 1000-10,000 range.
Cash loan in the bank
Cash loan repaid in installments. A condition for obtaining a loan is a visit to a bank branch, submitting a loan application together with a current certificate of employment and earnings, and positive verification in BIK and Debtor registers. Holiday cash credit is usually granted for up to 12 months and provides for repayment in monthly installments. A commission is charged for granting the loan, and the interest rate varies depending on the current promotion, but it can not exceed four times the lombard rate set by the NPB (maximum interest for cash loans) now 10% per annum. Funds from the loan can be used for any purpose, so even very exotic holidays can be thanks to him at your fingertips.
A loan from family or friends
We should use it only in very exceptional situations, so as not to put our loved ones in an uncomfortable situation. Sometimes they do not have free money to borrow us, and sometimes they have it for another purpose and they have to give it up to do us a favor. You should not abuse this possibility and always give back the borrowed money in a timely manner.
Regardless of the method of obtaining money for a trip, we should remember that in addition to fulfilling dreams of relaxation, we would remember the necessity of later repayment of borrowed loans for the holidays.
To find the loan that best suits your needs, we advise you to check our current loan ranking . The ranking is updated regularly to provide up-to-the-minute information on online loan offers. Holiday loan 2018 Rate this post