The industry of microloans moved into the airfare space recently with the launch of Airfordable, a website that allows users to pay for airline tickets in installments. To use the service, travelers submit a screenshot of an itinerary, submit the trip details and then place a deposit on the overall cost. Through the date of departure, regular payments can be made on the overall balance and when the loan is paid off in full, the ticket will be confirmed and sent to the traveler.

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