You should not have to
borrow money for vacations or auto repair, but you should have money saved up for those things.
Not exact matches
Called a «personal» loan
for a good reason, the
money you
borrow can be spent towards personal expenses: anything from a
vacation, to financing home improvements, gift shopping, paying
for a wedding or big purchase, paring down student loan debt, or refinancing a credit card.
Those with incomes below $ 50,000 are most likely to
borrow money to pay
for their
vacations; however, vacationers across the income spectrum say they would be willing to
borrow money to take their «dream
vacation.»
While
borrowing money to finance a home
for your family or a college education can be a smart move that pays off, and even an «investment» in some ways,
borrowing money to finance a brand new smartphone, a
vacation, or a new pair of shoes — which is exactly what you're doing if you're carrying a credit card balance — will only hurt you in the long run.
Use
money borrowed (up to available total credit limit)
for any purpose * — consolidate debt, invest, fund a child's education, renovate a home or take a
vacation.
They want good credit
for the opportunities it creates: to buy cars, houses, rent apartments, have credit cards, and
borrow money for several purposes from medical care to leisure
vacations.
This is not the time to increase your debt or to
borrow extra
money for a shopping spree or
vacation.
If you want to
borrow money for a car, you could simply take out a car loan, but if you require funding
for a purpose that's less specific or falls outside the typical lending box (such as a
vacation, wedding or home improvement), a personal loan provides more flexibility.
The interest on
money you
borrow to go on
vacation, or to purchase any good
for personal use, is generally not tax deductible.
Borrowing money to take a
vacation is almost never a good idea; it's bad debt because once the
vacation is over, you have nothing tangible to show
for it.
If, however, the policyholder chooses to do so, he or she can either
borrow or withdraw the
money that is in the cash value component of a burial insurance policy — and they can do so
for any reason, such as paying off large debt obligations, supplementing their living expenses in retirement, or even
for going on a cruise or taking a
vacation.
Money from the cash value can be either
borrowed or withdrawn — and this can occur
for any reason — including the payoff of higher interest debts, the supplementing of retirement income, and / or to pay
for a long - awaited
vacation.
The
money that is inside of the permanent life insurance policy's cash value may be withdrawn or
borrowed for any reason that the policyholder sees fit — including the payoff of debts, the supplementing of his or her retirement income, and / or even
for taking a nice
vacation.
Money may be either
borrowed or withdrawn from the cash component of a life insurance policy
for any reason — including the supplementing of retirement income, the payoff of debt, and / or
for taking a nice
vacation.
When
borrowing on your policy, no explanation is required about how you plan to use the
money, so it can be used
for anything from bills to
vacation expenses.
Use
money borrowed (up to available total credit limit)
for any purpose * — consolidate debt, invest, fund a child's education, renovate a home or take a
vacation.