3 Ways Your Credit Union Can Help You Fund Your Summer Vacation
Vacations are important for your physical and mental well-being, and you may be planning the perfect summer vacation. But how are you going to get around the price tag on your getaway?
Do you pull out the plastic and worry about paying your credit card bills when your vacation is over? Do you beg a loan off friends, putting your most important relationships at risk? Do you live off pasta during the weeks leading up to your vacation and use the money you saved on groceries to cover the trip costs?
You don’t have to take extreme or irresponsible measures to fund the perfect summer vacation.
Here are three ways that can send you packing for your dream summer getaway.
1. Vacation Savings Account
It’s easier to save up for a specific goal when you separate the funds that are earmarked for that goal from all your other savings. When you open up a savings account at with the sole purpose of using it to build funds for your summer vacation, you’ll always know exactly how much money you’ve saved up. Plus, your money will grow, helping you reach your goal sooner.
You may have already started saving up for summer expenses in your regular savings account. Move that money into your summer savings account now so your vacation funds are in one location.
2. Personal Loan
If you think you can’t possibly save up enough money to fund your vacation in time, consider a personal loan. You’ll get the funds you need for your getaway, and with our affordable rates, you won’t go broke paying it back.
Our personal loans can quickly provide you with funds when you need them most. We even have loans that allow you to borrow funds for personal use. Pay off other debt, use it toward your vacation, or use the money for whatever you wish! You can be approved for up to $20,000! Have more questions? Call us at 954-745-2400, or apply online in 3 easy steps.
3. Skip-a-Payment
Allows qualifying members to skip one loan payment during this expensive time of year. You’ll get the financial break you need without hurting your credit or defaulting on the loan. However, the interest continues to accrue and your loan term will be extended.
If you need some extra breathing room this time of year, skipping one monthly payment can be a great way to help you cover the costs of your summer getaway.
