Finance your vacation in Tuscany in installments
Really relax for a week or two and lie under the palm trees with a cocktail in your hand? This is what the ideal idea of a holiday looks like for most people. But not everyone can afford such a trip in one fell swoop. A holiday loan is therefore suitable for many people. In the following we will explain what that is.
La Dolce Vita in Tuscany
A Tuscany vacation is something for real connoisseurs: Mediterranean climate, picturesque mountain landscapes with vineyards and a great mix of beach, culture and nature. Tuscany promises true relaxation and many important Italian cities can be explored from here. Variety is guaranteed and for the whole family.
What is special about a holiday loan?
There is no such thing as a holiday loan, the banking world speaks of a consumer loan. This is a credit that can be used freely. The money you receive from such a loan is therefore not earmarked, but can be used freely. You can also use the loan to fly away on vacation. Look for a suitable one Holiday allowance for the next family trip, you can pay off this relatively quickly with low installments. Such a loan is available online from as little as 1000 euros.
What should be considered with the holiday loan?
However, you should consider certain criteria for a holiday loan:
loan amount
First, determine how much you want to spend on your trip. Note that not only the travel costs themselves, but also expenses at the holiday destination should be taken into account.
credit term
The longer the term of the loan, the lower the loan installments. However, consider whether you really want to be in debt for a few weeks' vacation and for several years. The term for a holiday loan should therefore not be longer than twelve months.
lending rates
The lower the interest rates, the cheaper the loan. Make sure that the annual percentage rate is given in the calculation, this always shows the total costs.
Requirements for a holiday loan
If you want to apply for a loan, you must first and foremost be sure that it can be repaid. Therefore, first check your own solvency. In addition, other documents must also be submitted, such as proof of salary for the last 2-3 months or, in the case of the self-employed, the last tax assessment. For pensioners, proof of pension is required, as well as proof of any other income. Bank statements from the last 3-6 months are also requested, as well as SCHUFA information.
The mistakes should be avoided
Many people dream of finally having a real vacation again. But a trip around the world or a trip to a very specific place in the world is also something very special. The necessary small change is often missing, at least if the full payment is due at once. At first glance, a holiday loan is therefore the ideal solution. Even so, you should consider a few things before starting your journey with one finance credit. A trip is often only a fleeting experience. Think carefully about whether a two-week summer holiday in Mallorca is worth borrowing from a bank. Maybe you'll just be a little more reserved this year and then be able to fly on vacation next year.
A trip around the world or a honeymoon, on the other hand, is a once-in-a-lifetime experience, you live off these vacations for a lifetime, and financing them with the help of a loan is more worthwhile. As mentioned above, you should also consider the term of the loan. If possible, do not let it run for longer than a year until it is completely paid off. In addition, do not choose a trip that is far too expensive, go on vacation proportionately and make sure that the vacation fits your income.
