January is the busiest month for holiday bookings, and experts advise booking with a credit card for better financial protection against potential airline failures.
Recent airline bankruptcies serve as a stark reminder that even major carriers like Spirit are vulnerable, highlighting the importance of taking precautions.
Many insurance policies no longer provide coverage for scheduled airline failure, leaving holidaymakers at risk, making understanding payment protections crucial.
Using a credit card allows consumers to leverage Section 75 protection, meaning the card company shares liability if the service is not fulfilled.
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