Uplift: Enjoy Travel Now, with Installment Payments Later
Some people save their whole lives for a trip, only to keep pushing back their travel arrangements due to financial emergencies, such as car and house repairs or medical expenses.
Rather than go through life hoping and saving for that bucket list trip, why not go now and pay off your travel debt later? While there are travel credit cards, these limit you to one (or a set of) airlines or hotel providers, limiting your vacation options. The logical choice here is Uplift, a new loan program designed specifically for travelers.
Take Out a Low Interest Loan
Uplift works differently than credit card services. Rather than do a credit score-damaging “hard pull” of your credit history, they do a what is called a “soft pull.” This means that your credit score won’t go down, hurting you in other areas of your financial life. The interest rate that Uplift charges is also very low – between 4.99 and 10% - compared to the 15 to 25% charged by credit card companies. You’ll save money in the long run as you pay off your travel loan.
No Limits As Far As Destinations and Travel Are Concerned
Travel credit cards tend to come with perks, such as earned hotel stays, upgrades, and points. However, you are limited to staying at places in that same hotel chain, or using only partner airlines. Uplift, on the other hand, works with travel providers, such as Southwest Airlines. You find where you want to stay and how you want to get there, and then, if Uplift works with them (and the list is growing all the time) you can apply for your travel loan. Uplift pays for your travel expenses up front, so the airline and hotel are not in danger of taking a loss. It’s quite the opposite – they are happy, since they received your fees. And you’re happy, because you get to take your dream trip.
Pay Monthly, After You’ve Returned Home
All that you need to take out a loan with Uplift is a home address, a mobile number (it must be registered in your name), and to be over the age of 18. Uplift will also need your name, your date of birth, your email address, and the last four digits of your social security number. The process is fairly painless. While you won’t have a credit limit – your loan will be for the exact amount as your travel costs – you will be able to pay for it monthly. There are only a few fees as well, including a 2% origination fee, monthly interest charges, and, if you pay late, a $15 penalty.
Imagine being able to go on your vacation now, instead of having to spend years saving for it!