junior8 Posted October 27, 2018 #1 Share Posted October 27, 2018 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 Link to comment Share on other sites More sharing options...
Ken at the beach Posted October 27, 2018 #2 Share Posted October 27, 2018 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. Link to comment Share on other sites More sharing options...
champagne123 Posted October 27, 2018 #3 Share Posted October 27, 2018 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. Link to comment Share on other sites More sharing options...
not-enough-cruising Posted October 27, 2018 #4 Share Posted October 27, 2018 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 Link to comment Share on other sites More sharing options...
champagne123 Posted October 27, 2018 #5 Share Posted October 27, 2018 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!!!!! Link to comment Share on other sites More sharing options...
not-enough-cruising Posted October 27, 2018 #6 Share Posted October 27, 2018 (edited) Royal isn’t charging 15%, the finance company is. Royal isn’t doing the financing. Edited October 27, 2018 by not-enough-cruising Link to comment Share on other sites More sharing options...
LeeW Posted October 27, 2018 #7 Share Posted October 27, 2018 3 minutes ago, champagne123 said: They charge 15 percent!!!!! Cheaper than a lot of credit cards these days, especially the ones that give points. Link to comment Share on other sites More sharing options...
junior8 Posted October 27, 2018 Author #8 Share Posted October 27, 2018 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. Link to comment Share on other sites More sharing options...
Ken at the beach Posted October 27, 2018 #9 Share Posted October 27, 2018 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%. Link to comment Share on other sites More sharing options...
GEORGIEGIRL Posted October 30, 2018 #10 Share Posted October 30, 2018 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....:) Link to comment Share on other sites More sharing options...
TBone2K Posted October 30, 2018 #11 Share Posted October 30, 2018 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. Link to comment Share on other sites More sharing options...
Biker19 Posted October 30, 2018 #12 Share Posted October 30, 2018 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. 1 Link to comment Share on other sites More sharing options...
not-enough-cruising Posted October 30, 2018 #13 Share Posted October 30, 2018 1 hour ago, Biker19 said: +1, there's very little, if anything, that RCI does that doesn't have some money angle. Good point Link to comment Share on other sites More sharing options...
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