Holiday Loans for Bad Credit
Secured Holiday Loans for Bad Credit
Short on savings? Whether you want to travel the world, book a family break or join a gathering abroad, a holiday loan from Evolution Money could help you get there.
Our loans for holidays range from £5,000 to £100,000 with repayments spread over 3 to 20 years, so you’ve got plenty of flexibility. As long as you’re aged 21-70, living in the UK and are a homeowner with a mortgage, we can help you get away on your next adventure.
We look at more than just your credit history, so it’s possible to get a holiday loan with bad credit. You can apply online in minutes or call up to get a free, no-obligation quote and start planning your trip.
Don’t just take our word for it – read our reviews to see what people think about us as a lender.
If you need a little extra to get away, our holiday loans are the ideal travel partner.
Give us a quick call on 0161 814 9158 to talk through your needs and get a free, no-obligation quote from our qualified advisers. Remember we look at more than just your credit report, so you could get a holiday loan with poor credit.
If you're looking to obtain credit, our secured loans can be used for a range of purposes
Carry out home improvements; a great way to invest back into your property 
A wedding loan could turn your plans into a reality 
Bigger personal items such as cars can be financed using a secured loan 
Take your family on that much needed holiday 
Even if you have bad credit we could still help you with a loan What is a holiday loan?
Want to get away but don’t have the budget for it? If your savings can’t stretch to where you want to go, a holiday loan could help.
Holiday loans can pay for all or part of your next trip, whether it’s a family holiday abroad, a honeymoon or time away with friends. They can help cover costs like plane and train tickets, accommodation, spending money and even vaccinations.
We offer holiday finance, and as a homeowner the loan is secured on your property. Just like regular instalment loans, you’ll receive your loan in a lump sum upfront, then repay it in regular instalments with interest added on top.
What are the benefits of secured holiday finance?
Taking out a holiday loan could help you book and enjoy a break without waiting to save up funds.
Offering security for your holiday loan has advantages too:
- Accessibility: Offering security will mean lenders may consider more than just your credit score when reviewing your application.
- Higher loan amounts: Secured holiday loans are less risky for lenders because of the collateral you put up, so you may be offered higher loan amounts, it is affordable for you.
What should I consider before getting a loan for a holiday?
It’s wise to think carefully before borrowing money for a holiday. Ask yourself how much money you truly need and whether borrowing is a better option than saving up or choosing a cheaper trip.
You’ll need to be confident you can afford the repayments too. With secured holiday loans, you risk having your home repossessed if you can’t keep up with them. Missing payments will impact your credit score too and might make it harder to borrow money in the future.
Finally, you’ll need a UK address and proof of income to apply for a holiday loan.
Do I qualify for Evolution Money’s holiday loans?
You can apply for one of our holiday loans if:
- You’re aged between 21 and 70 years old
- You’re a homeowner
- You live in the UK
- You can afford the loan repayments based on your regular income
Do you offer holiday loans for poor credit?
As long as we evidence / prove that you can afford and sustain the repayments, we could offer you a holiday loan for bad credit.
Even if your credit history is imperfect or you’ve been rejected for a loan elsewhere, we’ll aim to work out terms that are manageable within your budget. Our affordable holiday loan options can be tailored to your personal circumstances, so you can spread the cost over a period that suits you.
How do I apply for a holiday loan with Evolution Money?
No physical appointments, no delays – just fill out our short online form or call us on 0161 814 9158 for a free, no-obligation quote.
We’ll ask for the following documents as part of the process:
- Proof of address (such as utility bills)
- Proof of income (your last 3 months payslips or tax returns)
- Proof of identity (passport or driving licence)
- Bank statements for up to the past three months
- Your mortgage account number and home insurance documents
What else can secured loans be used for?
- Carry out home improvements and invest back into your property
- A wedding loan could turn your plans into a reality
- Bigger personal items such as cars can be financed using a secured loan
- Consolidate multiple debts into one manageable monthly repayment
- Invest in your business and help it grow
Questions you may have...
Want to know the approximate cost and timescales of your loan? Just give one of our friendly advisors a quick call on 0161 814 9158 to talk through your loan needs, or hit the button below for your no obligation quote.
For a typical loan of £30,000.00 over 120 months with a variable interest rate of 19.56% per annum, your monthly repayments would be £598.34.
Including a Product Fee of £2,400.00 (8% of the loan amount) and a Lending Fee of £807.00, the total amount repayable is £71,800.20.
Annual Interest Rates ranging from 11.88% to 29.38% (variable). Maximum 50.00% APRC. The loan must be paid back by your 70th birthday. Read more.
Think carefully before securing debts against your home may be repossessed if you do not keep up repayments on your mortgage or any other loan secured against it. If you are thinking of consolidating existing borrowing, you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.
