Should I Get My Money Back For a Canceled Cruise?

Episode 1689 (1:47:00)

Mike from Cerritos, CA
Cash

Mike recently found out their cruise had been canceled. The Cruiseline has offered a 120% credit towards a future cruise, or 140% credit if booked by May. Should he book one for the summer? Leo says nobody knows what the world will be like, and the cruise line doesn't want to give cash back. Leo says to take cash if they offer it. And the real question is ... will that cruise line even be around next year? Leo suspects the industry is going to have a serious shake up and the only sure bet is to get the money back.