UpLift Pay Monthly

[junior8]

What is this? I'm confused.  I was looking at a cruise and it shows pay $1712 or Pay Monthly $171.00 with a loan from UpLift pay monthly with 15% interest. Can someone please tell me what that is?  Does that mean I can no longer pay what I can afford each month and now have to "take a loan"

 

Brenda

[Ken at the beach]

It means you can book a cruise close to sailing and pay for it after the cruise.

 

Just book normally and call in payments to Royal before your cruise as you are used to doing.

[champagne123]

Just another way for RCCL to make $$$$.   As the above poster said, just make payments via the website, your TA or phone, if you cannot pay in full at the time of booking.  This is what most of us do. 

[not-enough-cruising]

I don’t think Royal is making any money off the financing, but they are smart to use it as a tool to get someone to book a cruise whom otherwise wouldn’t 

[champagne123]

Just now, not-enough-cruising said:

I don’t think Royal is making any money off the financing, but they are smart to use it as a tool to get someone to book a cruise whom otherwise wouldn’t 

 

They charge 15 percent!!!!!

[not-enough-cruising]

Royal isn’t charging 15%, the finance company is. Royal isn’t doing the financing. 

Edited October 27, 2018 by not-enough-cruising

[LeeW]

3 minutes ago, champagne123 said:

 

They charge 15 percent!!!!!

 

Cheaper than a lot of credit cards these days, especially the ones that give points.

[junior8]

2 hours ago, Ourusualbeach said:

It means you can book a cruise close to sailing and pay for it after the cruise.

 

Just book normally and call in payments to Royal before your cruise as you are used to doing.

 Thank you for clarifying for me. 

[Ken at the beach]

2 hours ago, LeeW said:

 

Cheaper than a lot of credit cards these days, especially the ones that give points.

 

Someone posted on a different thread that it was 15% up to 30% based on your credit score.  A quick check on uplifts site said travel loans from 9% to 36%.

[GEORGIEGIRL]

Who in the world would pay 15% interest on anything???? I'm not judging anyone, However, if your credit is bad enough to

need to get a "Loan" from an on-line credit company at 15% maybe you shouldn't be going on a cruise right now. just suggesting, not judging....:)

[TBone2K]

On 10/27/2018 at 11:47 AM, not-enough-cruising said:

I don’t think Royal is making any money off the financing, but they are smart to use it as a tool to get someone to book a cruise whom otherwise wouldn’t 

Oh they are, otherwise they wouldn't bother offering. They probably get a couple of % points of that 15%.

 

Travel loans are already a thing, which must mean people are already willing to go into debt for a vacation. So Royal tries to get a little cut of that makes business sense IMO as long as it is presented in a fair and non-deceptive way.

[Biker19]

14 minutes ago, TBone2K said:

Oh they are, otherwise they wouldn't bother offering. They probably get a couple of % points of that 15%.

+1, there's very little, if anything, that RCI does that doesn't have some money angle.

[not-enough-cruising]

1 hour ago, Biker19 said:

+1, there's very little, if anything, that RCI does that doesn't have some money angle.

Good point