I have been a Disney card holder for a few years now but have never used the 6 month financing that it offers nor have I learned how it really works. Today I started thinking about taking a trip in the middle of Dec. For awhile I did not think I would be able to make it because I have a big trip coming up this summer, but with the financing I might be able to pull it off!
However, I have no idea how it works! So, let me explain how I hope it works and then hopefully somebody can help me out and really explain it if my idea is just plain wrong.
So, lets say I book my trip on July 1st with a check in day of Dec. 13th. Lets also say the package price is $1200. I know you have to put $200 down when you book. So know it is July 2nd and I still owe $1000 for my trip.
I know you have to pay off your package 45 days before you arrive which would be October 29th. Would the 6th month financing start that day? So, starting on Oct. 29th, I have 6 months to pay off $1000 dollars?
This is the only way I can see it really working. If you were to book your trip 9 or 10 months ahead of time and the 6 months started then, you would really have to pay it all off before the 45 day mark which makes no sense.
If the financing starts when you hit the 45 day mark then I think I could manage it. I would pay the $200 when I book and hopefully another $200 before the 45 day mark. That would leave me around $800 left on financing which is only roughly $135 a month!
However, I have no idea how it works! So, let me explain how I hope it works and then hopefully somebody can help me out and really explain it if my idea is just plain wrong.
So, lets say I book my trip on July 1st with a check in day of Dec. 13th. Lets also say the package price is $1200. I know you have to put $200 down when you book. So know it is July 2nd and I still owe $1000 for my trip.
I know you have to pay off your package 45 days before you arrive which would be October 29th. Would the 6th month financing start that day? So, starting on Oct. 29th, I have 6 months to pay off $1000 dollars?
This is the only way I can see it really working. If you were to book your trip 9 or 10 months ahead of time and the 6 months started then, you would really have to pay it all off before the 45 day mark which makes no sense.
If the financing starts when you hit the 45 day mark then I think I could manage it. I would pay the $200 when I book and hopefully another $200 before the 45 day mark. That would leave me around $800 left on financing which is only roughly $135 a month!