LendingTree survey - 45% of Disney-Going Parents With Young Children Have Gone Into Debt for Trip

MisterPenguin

President of Animal Kingdom
Premium Member
Interesting read

Are they using a credit card or going to a bank and requesting a personal loan for a vacation?

Anyway....

Most Americans won’t carry their Disney debt for long. For their last trip, 75% of indebted Disney-goers say it would take (or took) six months or less to pay it off. And 32% say it would take specifically three to six months, the most common response.
 

mkt

Disney's Favorite Scumbag™
Premium Member
Are they using a credit card or going to a bank and requesting a personal loan for a vacation?

Anyway....

Most Americans won’t carry their Disney debt for long. For their last trip, 75% of indebted Disney-goers say it would take (or took) six months or less to pay it off. And 32% say it would take specifically three to six months, the most common response.
Six months to me screams paypal credit.
 

Andrew C

You know what's funny?
Are they using a credit card or going to a bank and requesting a personal loan for a vacation?

Anyway....

Most Americans won’t carry their Disney debt for long. For their last trip, 75% of indebted Disney-goers say it would take (or took) six months or less to pay it off. And 32% say it would take specifically three to six months, the most common response.
Typically the dude on the corner offers decent sized loans without collateral. Just watch out for those interest rates.
 

King Capybara 77

Thank you sir. You were an inspiration.
Premium Member
Futurama Buy GIF
 

Henry Mystic

Author of "A Manor of Fact"
Are they using a credit card or going to a bank and requesting a personal loan for a vacation?

Anyway....

Most Americans won’t carry their Disney debt for long. For their last trip, 75% of indebted Disney-goers say it would take (or took) six months or less to pay it off. And 32% say it would take specifically three to six months, the most common response.
A very important distinction.
 

monothingie

Evil will always triumph, because good is dumb.
Premium Member
Interesting read

Great find, thanks for sharing.

I’m actually surprised it isn’t higher given the poor financial discipline most American have.

Sadly we’ve gone a long way from Walt’s original vision of his park being completely accessible to the average American.
 

monothingie

Evil will always triumph, because good is dumb.
Premium Member
Are they using a credit card or going to a bank and requesting a personal loan for a vacation?

Anyway....

Most Americans won’t carry their Disney debt for long. For their last trip, 75% of indebted Disney-goers say it would take (or took) six months or less to pay it off. And 32% say it would take specifically three to six months, the most common response.
6 months at 25+%APR….along with the rest of the revolving debt carried for other expenses….oooffff
 

mkt

Disney's Favorite Scumbag™
Premium Member
What I’m curious about is if they count using a credit card to pay for things at Disney to be debt since technically it is.

However in my case it’s paid off before the statement cuts, so is it really debt? I pay no interest and no annual fee, so I consider it a way to spend 3% less at Disney thanks to cashback.
 

bwr827

Well-Known Member
What I’m curious about is if they count using a credit card to pay for things at Disney to be debt since technically it is.

However in my case it’s paid off before the statement cuts, so is it really debt? I pay no interest and no annual fee, so I consider it a way to spend 3% less at Disney thanks to cashback.
No, that’s not debt. That’s just smart spending.
 

monothingie

Evil will always triumph, because good is dumb.
Premium Member
What I’m curious about is if they count using a credit card to pay for things at Disney to be debt since technically it is.

However in my case it’s paid off before the statement cuts, so is it really debt? I pay no interest and no annual fee, so I consider it a way to spend 3% less at Disney thanks to cashback.
I would assume it's being carried month to month accruing interest charges.
 

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