Desperately want to go on holiday but don’t have enough cash for the flight? This may no longer be an obstacle to getting away.
A new flight buying platform, Flymble, has launched allowing customers to “fly now, pay later”. Flymble says it “believes access to travel should be no different than paying off your mobile phone, a new sofa or catalogue shopping”.
The company wants to stop people having to save up for months for a flight only to find when they’re ready to book, it’s more expensive.
It hopes it will also help people having to take unexpected trips and being out of pocket for months due to an unbudgeted-for, last-minute purchase.
But, how does it actually work and are there any nasty interest rates whacked on?
Thankfully no but there is a "small" service fee.
When you know where you want to go, search for a flight on the Flymble website, fill in your details and pass a credit check which is carried out in a matter of seconds. The service fee is payable upfront as part of the initial down payment but then the price quoted at checkout is the price you pay with no additional costs added onto monthly repayments.
Travellers will have the opportunity to choose to spread the cost of flights across three, six and up to 10 month instalments.
Henry Wynaendts, co-founder of Flymble, says: “Our mission is to make the joy of travelling accessible for all by re-inventing travel finance for everyone that is frustrated with, or doesn’t have access to, the traditional unfriendly and outdated banking system.”
Vincent Hus, co-founder of Flymble, adds: “We live in an instant society where everything is quicker and faster and we don’t see why the approach to booking travel should be any different. Flymble is at the heart of the emerging on-demand industry and we believe in a more transparent form of financing which offers ordinary people the opportunity to explore the world.”
Where will you go?