We all want to leave our comfort zone to go on an adventure and discover other cultures, other countries. In addition, it sometimes happens that employees take a sabbatical year to travel the world. Indeed, the law indicates that an employee can request up to a year of leave without pay.
This leave request is subject to a collective agreement and the company also reserves the right to refuse it. However, if she accepts, it is a suspension of the contract, so you will find the same position when you return.
Thus, starting a year can be risky, it is worth planning a solid enough cash to finance your trip and the cost of living during your stay. A loan can facilitate your financing because you will reimburse the cost of your trip through different monthly payments.
HOW TO SIMULATE A TRAVEL READY?
Do you want to travel, but don’t have enough money? Think of the travel credit to organize it without waiting. The reimbursement will be smoothed over a period ranging from 2 years to 6 years, which will allow you to maintain your purchasing power with controlled monthly payments.
With the travel credit simulator from Good Credit, you can accurately estimate the monthly payments that you will have to pay each month if you want to take out a loan to finance your stay. Before embarking on this process, remember to estimate the cost of your trip (flights, journeys, accommodation, visits, cost of living, etc.).
Then, you could quite easily calculate the amount of credit you want, by subtracting from the cost of your trip your personal contribution. Thus, the remaining amount will correspond to the amount of your credit request which will make it possible to complete the financing of your trip.
HOW DOES OUR SIMULATOR WORK?
The travel loan simulator offered by Good Credit works like a loan calculator, but much more efficiently. In fact, you just need to enter the amount you want to borrow and the duration of the repayment, and click on “simulate this loan”.
After this step, you have all the information necessary to assess your credit: the monthly payments that you will have to repay, the APR (Annual Effective Annual Rate) and the total cost of your credit.
The simulation of your travel loan will give you all the keys to make your decision. You can also study all the solutions to find out how to finance your trip and make the best choice.
You can compare the different rates offered according to the duration, indeed it can be different and you can have a lower APR (Annual Effective Annual Rate) in some cases. Do not forget the monthly cost of the monthly repayment of your travel credit.
QUICKLY GET THE FUNDS FOR YOUR TRAVEL LOAN
In compliance with the legal withdrawal period. In order for your file to be analyzed by the Good Credit team, all you have to do is follow all the instructions indicated on it. Firstly, you must be aware of the various provisions of this contract, then you can complete this file with the information requested.
As indicated on the file, you must attach supporting documents, the full list of which can be found in the credit file. Usually, you will need to provide a photocopy of your front/back identity card, your last salary slip, bank details as well as your last bank account statement.
These elements allow you to quickly analyze your file, which means that if it is finally accepted, you can receive the funds in record time on your bank account. So you can start thinking about planning your trip without waiting!