Thus, if a lender is touting a 2 percent interest rate on a car loan, you should know that this rate applies only to people with the best credit. If you have a subprime credit score, your loan rate may fall between 6 and 10 percent, perhaps more.
Groceries WILL cost more in tourist locations. For a very basic vacation food budget calculate $60 per adult and $45 per child under 10 PER DAY. More Travel Math-Beverages you'll need to figure $35-$50 per day on average per adult.
Food prices are high and alcohol is even more outrageous. London is by far the most expensive (after all it is the NYC of Europe) so pick and choose where you eat wisely. Try to spend a few days in Northern England or Scotland where prices are more suited for a student travel budget. Overall, you should spend $40 to $50 per day.