Top 5 ways to pay for your summer holiday

Summer’s here and our thoughts inevitably turn to sun-kissed beaches, the swimming pool, long suppers underneath the vines and time away from the stress of work. But holidays abroad can be incredibly expensive – especially if you have to travel during the school holidays. However, you can finance the cost of a good summer holiday and spread the repayments over a period of time to make it much more achievable. With interest rates at record low levels, the cost of borrowing continues to remain extremely affordable. Use your savings If you’ve got the money saved up, then using it to pay for a great summer holiday makes perfect sense. Interest rates on savings are so low that many people are getting next to no income on them at all. But using your savings to pay for your summer holiday doesn’t mean simply withdrawing it all in cash and using that. Instead, you should use credit cards to book the holiday to take advantage of the protection these offer should something go wrong. If,
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