Lifestyle

Travel Site's New Payment Plan Lets You Take All The Trips You Can't Afford

by John Haltiwanger
Shutterstock

There are so many places I would like to go; I'm definitely a travel addict.

I often find myself looking at a map of the world and salivating, dreaming about the countless destinations I'd like to visit.

But my wallet never seems to have enough money to cover the cost of the airline ticket.

Actually, I lost my wallet this morning. Left it in a taxi, completely sober -- true story.

World, don't be like me. Be better.

But I digress...

There's good news for those of us who love travel but don't always have enough money in our bank accounts to get to our desired location.

The flight booking site CheapAir is now allowing people to book flights and pay for the tickets in installments. It's offering three, six and 12-month purchase plans.

Here's the deal: If your flight costs $100 or more, you can check if you qualify for a financing plan to pay off the ticket when you checkout.

You'll have to provide info like your full name, mobile number, email address, date of birth and the last 4 digits of your social security number to find out if you qualify in real-time.

Interest rates range from 10 to 30 percent, depending on your credit score. A financial company called Affirm runs the credit check, and it doesn't impact your score.

This plan is designed to help people who don't have credit cards or don't have the dinero to cover the cost of tickets.

When it comes down to it, though, it's probably better to budget for a trip. In other words, be patient and try to put money aside to spend on travel.

But if you're a bit impulsive, aren't rolling in the dough and you really just need to get out and explore, you at least have this option now.

Life is short. You do you. Feed your wanderlust by any means necessary.