![]() ![]() ![]() In most cases, it makes better financial sense for travelers - assuming they can afford it - to pay for the airfare on a lower interest credit card. Still, at those rates, some customers may be better off taking out a vacation loan from the local mafia. An Uplift executive claims most travelers fall in the mid- to high-teens range. The bad news? Interest rates range from 9% to a whopping 35.99&. In most cases, the decision is instant, but both could impact credit scores. Customers must agree to a credit inquiry, then open a line of credit if they qualify. The deferred payment option now appears at checkout for travelers booking directly through. With this recent announcement, however, United joins Allegiant and Spirit Airlines by offering the option to travelers booking just flights as well. So, the idea isn’t new in the travel industry. Other travel metasearches like Expedia offer a similar deferred payment option through Affirm. For years, customers of Norwegian Cruise Lines, American Airlines Vacations, and Southwest Vacations have been given the option as well. In 2017, United began offering the Uplift Pay Monthly service to customers booking United Vacations. Qualified United customers can now book their airfare immediately, but pay off the expense in anywhere between three and 11 months. The plan works like most other “buy now, pay later” services that open an additional line of credit specifically for a single transaction. carrier to add Uplift’s deferred payment plan to its online checkout process. This month, the airline became the latest U.S. United Airlines wants to make every impetuous travelers’ dreams a reality with a new “fly now, pay later” option. But, having to pay for it right now always seems to get in the way. Most of us would love to travel now, like, right now. ![]()
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