Cheap holiday credit and a quick vacation loan in a situation where there is no money? We have two options to choose from: give up on it and start postponing next year or use a cash loan or credit card.
However, if you do not want to give up the rest, then you should choose a better solution. And cheaper. Let us remember that not only will we have to pay for holidays, but also to pay off a cash loan for several months or in the interest-free period to pay the money collected from the card.
Credit card for holidays
The credit card should be used only when we make non-cash transactions , i.e. we pay in the store, at the airport or generally for all kinds of services. We should not withdraw money from an ATM using a credit card because it is not treated by the bank as a non-cash transaction. If we will withdraw money from ATMs, unfortunately, we can expose ourselves to quite high fees. You can also use a credit card issued in Poland abroad, but check how much the cost of currency conversion is.The debt that arose on the credit card should be repaid before the end of the interest-free period (settlement period), then such a loan will not earn interest. If we decide to pay a smaller amount or to spread the debt into installments, the bank will charge credit interest on the used (unpaid) amount. Plus credit card? A cheap loan, if we settle debt in the interest-free period, convenience and the ability to quickly report the theft or loss of the card.
Cheap loan for holidays, i.e. a cash loan
A cash loan allows you not only to finance holidays or holidays. It is also possible to get money for expenses before and during the holiday. Nevertheless, you will still have to take out a loan, and it will not be so pleasant anymore. Even when it will be a cheap or even a free cash loan. And here the first questions about the loan should appear:
1) Do we want to finance the whole holiday including additional expenses or only for the purchase of holidays or only for expenses during holidays.
2) What amount do we need (without “tail” in the style of “maybe it will come in handy”).
3) For how long we would like to pay it back? The shorter the time, the lower the cost, but the larger the installments. Well, unless we get a promotional cash loan for PLN 0.
Fast credit for proof
There is no such loan offer in any bank, which does not mean that a cash loan is a long and complicated process. No, we can get such a loan even in one day. On the same day, we can even have money on the account.
In order to get a small cash loan (its amount will depend on our ability and creditworthiness) just a proof or passport and documents confirming income. We’ll find out everything in the bank we’ve chosen.
Before we choose the ” best bank and the cheapest loan “, let’s check and compare the offers of two or three banks. Not always in the bank where we have a bank account we get the cheapest loan or loan. Note the total cost of the loan and its APY. The smaller the values with the same loan parameters, the cheaper the loan will be.