Travel Abroad and Pay Later: See how

Many of us have a dream to travel, live and work abroad, and experience the world. However, not everyone can always afford these trips because they can be too expensive. Is it possible to work and travel abroad, and then pay later? The answer is yes. Learn how to travel abroad and pay later in this article.

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Travel abroad and pay later: how to do it?

In this post, we will explore various means to achieve this. It’s important for you to know that it’s not only possible to travel first and pay back. Actually, there are instances where people even travel for free and you may want to consider that option first.

1. Secure a High Paying Job

This is not new. Many people have benefitted from this opportunity.

You can secure a professional job abroad and your company takes care of all the application process and cost implications. With this, your flight ticket is sorted without a penny from you.

Another good part of this is that you can travel with your family members. For example, if you are married and your company wants you over, such an arrangement can include your verified family members.

Also, it’s important to note that securing a job abroad is highly dependent on your skills and education.

An offer like this that comes with an enormous advantage is not just for anyone but for those who possess high in-demand skills and qualifications. Some of the jobs that have been instrumental to the emigration of professionals from Nigeria include Software Developers, Medical doctors, Nurse etc.

2. Student Scholarship

This is one of the easiest ways to travel out of for free. By the word ‘easiest,’ I don’t mean the preparation for requisite examinations and Visa processing are all easy. But if you want to leave the country without any major cost implications, going to study abroad can help you achieve this dream.

Actually, this is best for those who are really passionate about studying.

Higher institutions in countries like the United State United States of America (USA), the United Kingdom, Germany, and Canada offer some qualified applicants full scholarships.

Although this scholarship could be full or partial if you are able to bag a full scholarship, you are in for a great advantage.

Usually, some full scholarships come with tuition payments, accommodation, monthly stipend, and healthcare benefits. This is great, isn’t it?

But some full scholarship offers to take it further by covering your return ticket. That is, the ticket to your destination country and the ticket back to your country is fully paid for.

3. Visitation

This may not be all free but the cost may not be directly on you.

So, how does this happen?

In a case where a family member or friend invites you over for any reason such as a social event, vacation, religious function, and so on, your host might wholly shoulder the financial responsibility.

Visitation usually lasts for days, weeks, or some months. This means you have to return to your country before the time allotted elapses to avoid future denial of Visa.

But in the context of this article, you can have your travel expenses sorted out on your behalf.

Can you now see that you can actually travel for free?

4. Searching for free flights

You could subscribe to some of the newsletters by the airline operators. You could also shop at the stores which deal with the cheap airlines – for instance, shops like Amazon often give customers the flying credits along with the purchases. Also, if you pay with your card, you have a bigger chance to receive these credits.

5. Get a travel loan and really pay later

What you need to actually pay later is the travel loan obtained to cover your airfare, hotel reservation, flight, intra-country transportation, feeding, or any other travel expenditure. Obviously, this does not include the cost of studying abroad or paying for a mortgage – they belong to different budget categories entirely.

If you want to borrow a loan and cover it later, there are some good platforms that are reliable. One of such platforms is called Paylater and we will talk how you can apply for the loan there. This is just an example, and you can use another platform that gives loans.

How to Apply for a Travel Loan

Still on how to travel now and pay later in Nigeria, follow the process below to apply for a travel loan:

Visit the online platform of your preferred loan source. This could be their website or mobile application.
Click on any link or button that signals loan request.
Provide all the required details which may include personal information, bank account information, proposed amount and repayment details.

Once you complete this process, the loan company will check in with your bank to ensure you are the rightful owner of the account and all the information provided is true.

If your application is successful, the requested fund will be disbursed into your account.

What about the repayment?

Depending on your agreement, you will definitely have to pay back based on your established repayment plan, usually monthly.

At least, if you are in a fix such as this, your traveling out of the country is not to forget the source of your financial help but to repay every penny you borrowed alongside the interest.

As a result, you may need to work (if you are permitted) in order to earn. This works better for students who need to finance their travelling cost using such platforms.

How much loan can i get?

Some loan companies use what they call credit score. Your ability to repay as at when due will increase your score and chances of obtaining another sum in the future.

So, if you are a new borrower, your potential loan amount may be relatively low compared to someone who has been borrowing and repaying over time.

But generally, your financial capacity usually determines how much you can borrow. If you earn a huge amount on a regular basis and from a confirmed source, a loan company can trust you enough to release your requested sum to you.