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Reasons Why Spring Is A Good Time To Take Out Travel Loans

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Spring is almost upon us, and for a lot of travelers from tropical countries, spring is a great time to go to temperate countries. Unfortunately, not all of us have disposable funds. And if that’s the case for you, that doesn’t mean you should just shelf your spring travel goals. If you’re slightly short or don’t want to touch your savings, you can go to an authorised money lender in Singapore to finance it. 

Don’t miss out! Here are a few reasons why you shouldn’t: 

1. There are a lot of deals and promotional offers

Everyone is itching to travel. Whether it’s social media influence or the yearning to catch up on the years people spent quarantined indoors, the demand for plane tickets, hotel reservations and even tour packages have skyrocketed. 

Fortunately, related businesses have responded in kind. Airlines offer seat sales and low-priced plane tickets. Hotels also offer promotional prices if you book earlier than your trip date. In some countries, airline companies have partnered with hotels to offer one-of-a-kind perks and packages. Travel and tours companies also have these packages available, especially if you are travelling as a group.

And if you have a trusted travel agency to go with, you can just sit back, relax, and enjoy as the travel company books your plane tickets, hotel accommodation, transportation arrangements and in some cases, even restaurant seats.

2. The weather is at its best

In the summer, the temperature can get scorching hot. On the other hand, if you travel during the spring season, the weather will be just right. There will be no heat waves to think about. It’s also a better time to travel compared to winter, as you do not need to be anxious about snow storms or missing a restaurant reservation because of heavy snowfall. 

Because of the generally good weather during this season, it’s a great time to travel if you are a fan of outdoor activities like hiking and biking. Doing so will give you the chance to explore more and go on adventures while the weather is good.

3. It is the best time to visit popular travel destinations

Japan’s cherry blossoms are one of the top attractions during spring. You can celebrate the Spring Festival and sip green tea while looking at the vibrant cherry blossoms. You can sign up for a temple tour or just enjoy the blooms from an al fresco seat at a cafe or restaurant. Another popular destination are the parks of Istanbul, particularly, Gulhane Park and Emirgan Park. If you want endless bonfires by the beach and unique, eye-catching architecture, opt for Cinque Terre, Italy. 

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Spring is when most flowers and trees are at their full magnificence. Experience a memorable trip by taking your vacation during this season. Plan it out early so you can apply for a travel loan to add to your budget.

4. Some lenders offer flexible repayment options

Look for lenders who will offer you the best terms. Start researching for loan options and loan products as early as December so you do not need to rush with document submissions and requirements. 

Consider how much you already have and how much money would make your trip one for the books. However, be mindful of your financial capacity to pay the monthly amortization. After all, once you get home from your trip, you will have a new obligation that will stretch out for at least a couple of months. Decide what amount you can comfortably repay and from there, you will be able to know how much you should borrow. Be careful to not go in deep debt just to have a leisurely trip.

5. Avoid peak holiday expenses

By travelling during the spring season instead of the Christmas holidays or summer break, you will be able to avoid the padded prices that often come with these holidays. Generally, the costs of plane tickets, food and accommodation should be back to normal come spring. Of course, you also need to research especially if you are going to another country. As always, preparation is key.

You can still enjoy your vacation while being mindful of your budget. You do not need to track every expense. It is best if you set a budget for the main items like plane tickets and transportation costs, hotel accommodation costs and food expenses. Aim to travel light to avoid additional charges.

Conclusion

Taking out a travel loan is a non-conventional way of funding your travel but if you’re up for it, spring is the best time to do so. However, you have to make sure you can comply with a repayment plan. Map out your finances for the next 6 months to have a clear view of whether or not you can really afford a trip. 

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