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Fly Now Pay Later Flights Review

Author: Jackson James
by Jackson James
Posted: Jan 13, 2023

What you need to know about the Fly Now Pay Later Personal LoanFly Now Pay Later is an app that allows you to book travel - including flights and hotel stays - and pay for it in monthly instalments. The service launched in the UK in 2015, but now it also works in the US and Germany.

In the US, the loans are issued through New Jersey-based Cross River Bank in partnership with Pay Later Financial Services.

View different interest ratesDepending on your balance and how much you borrow, the APR for Fly Now Pay Later could be as high as 29.99%. The company will run a credit check before you sign up. You may also have to pay transaction fees.

Another downside: You won't know the exact APR and other fees until you reach a formal loan agreement.

Different types of travel companies are availableSome popular Book Now and Pay Later services may be associated with a particular airline. With Fly Now Pay Later, you have a choice of several different airlines (such as American Airlines and British Airways).

You can access a variety of lodging options including Airbnb, and even travel marketplaces like Expedia and Orbitz.

Simple application processWhen you download the Fly Now Pay Later app to your phone, the interface will guide you through a short application process to apply. The company says it takes about three minutes.

A down payment may be requiredDepending on your travel and payment plans, you may be required to pay a down payment or deposit on your reservation at checkout.

Downloading the app is recommended, but not strictly requiredFly Now Pay Later encourages the use of its mobile application. While you can choose to Fly Now Pay Later at checkout at some travel companies, you may need to download the app to get all of the options advertised on the Fly Now Pay Later website.

Who is eligible for the Fly Now Pay Later loan?Fly Now Pay Later can be a good option for people with excellent credit who want to pay for their vacation in 12 monthly installments. The best possible APR for eligible customers is 9.99% - a better deal than the average interest on a national credit card.

But for those with less-than-perfect credit, the annual interest rate can be even more expensive, reaching double digits.

How to apply with Fly Now Pay LetterTo use Fly Now Pay Later, you can get started by downloading the app. Once you do, you can evaluate your travel options through the app or on your own.

If you didn't book directly through the app, Fly Now Pay Later will give you payment options to choose from and then issue you a single-use virtual card to book your reservation.

You must be a US citizen or lawful permanent resident, have a cell phone number and a debit card to qualify. You must be 18 or older, or 19 if you live in Nebraska or Alabama.

This process differs from traditional personal loans. With a standard personal loan, you typically try to pre-qualify for the loan, check your rate, and then decide whether or not to make a formal application. The lender will then deposit the approved amount directly into your bank account, which can be used for anything from airline tickets to other expenses.

About the Author

MyFlightPal aims to realize your idea of dream travel. Our team of dedicated professionals works with full dedication to ensure dream travel experiences for all our customers.

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Author: Jackson James

Jackson James

Member since: Nov 25, 2022
Published articles: 9

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