Holiday Loans

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.

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.

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.

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

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.

No physical appointments, no delays – just fill out our short online form to check your eligibility.

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

• 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

We offer holiday finance from £5,000, subject to affordability, to cover all or part of your next trip.

You can choose a repayment term from 3 to 20 years to spread the cost of your holiday in a way that suits your budget. A longer term could be helpful if you’d prefer to make smaller monthly repayments, while shorter terms mean you’ll pay less interest.

Not sure what length of term is right for you? Our qualified loan advisers will be happy to explain your different options and help find something that suits.

We aim to fund all our secured holiday loans as soon as possible.

An easy way to speed the process up is to send any documents we ask for as quickly as possible. Read more about how our loan process works.

We don’t charge hidden fees, so you’ll know all your loan costs upfront. These will include:

• Your loan amount and agreed interest rate
• A Lending Fee of £763.00
• A Product Fee of 10% of your loan amount

Our holiday loans have variable interest, which means the interest you pay each month might change. All our loans are unique, so the best way to find out if we can help you is to check your eligibility.

We won’t deny your next adventure just because you’ve been rejected for a loan by another lender. We look at factors like your income, outgoings and security as well as your credit history, so we can consider holiday loans for poor credit in some cases.

• We’ve helped thousands of people borrow money and spread the cost with flexible repayment terms to suit their situation.
• We look at more than just your credit history, so you could still get a holiday loan with bad credit, subject to affordability checks.
• We are upfront about all the costs of our loans and we never charge hidden extras.
• Over a thousand people have rated us positively on the independent review website Feefo.
• We’re regulated by the Financial Conduct Authority as a responsible lender and are registered members of the Finance and Leasing Association.
• We’re a direct lender rather than a broker, so you’ll know exactly who you’re dealing with for the duration of your loan.