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The cost of borrowing £300 over 6 months:

#1
Fast Loan UK £507.48
#2
Mr Lender £544.00
#3
Cashasap £556.23
#4
Lending Stream £579.00
#5
Money Platform £586.26
#6
Savvy £595.00
#7
QuidMarket £596.46
#8
Cash4unow £599.82
#9
Fernovo £595.92
#10
Ticktock Loans £595.92
#11
Loan Pig £595.92
#12
Moneybag £600.00

Proud to offer the cheapest instant short term loans in the UK

Compare our loans to other lenders here

Warning: Late repayment can cause serious money problems. For help, go to moneyhelper.org.uk

Representative example:

Borrow: £300 over 8 months. 8 repayments of £70.31. Total amount payable £562.44. Interest rate: 130.21% pa (fixed). Representative APR: 840.75%

What Are Holiday Loans?

If you’re looking for funds to help cover the cost of travelling, whether it’s for a honeymoon, a summer getaway or just a weekend away, our holiday loans could be a good option for you. Instead of paying for everything upfront, holiday loans let you spread the cost of your trip into manageable weekly, fortnightly or monthly repayments, which makes it easier to plan for your holiday without draining your savings. It’s easy to apply for these quick loans using our simple online form and we’ll immediately supply you with a decision.

Holiday loans can be used to cover anything from flights and accommodation to travel insurance, emergency travel plans or spending money for costs such as food. If you’ve considered all other financial options, such as savings and loans from friends and family, holiday loans could be a good option for you. Rather than paying for all the expenses immediately, holiday loans are easier to budget for as you repay the loan in regular, pre-arranged instalments. You can choose from weekly, fortnightly or monthly instalments to repay your holiday loan.

As a direct loan lender, we can provide you with quotes for holiday loans based on your unique personal and financial circumstances. Unlike some other lenders, we consider applicants of all credit types and can offer holiday loans for bad credit.

Can I get a Holiday Loan with Bad Credit?

As a lender, we can offer holiday loans directly, with no broker in the middle or hidden fees. We offer holiday loans for bad credit to applicants with less than perfect credit scores. We’re able to provide fast decisions once you have applied for a quote using our simple online form.

You can borrow from £100 up to £2,000 over a maximum period of 12 months if you’re a returning customer, and from £100 up to £600 over a maximum period of 8 months if you’re a new customer. Holiday loans for bad credit typically have higher interest rates than other types of loans due to the increased risk to us as a lender. The short repayment period of our holiday loans also means they have higher interest rates than other types of loans, as does the unsecured nature of the loan (as you don’t need collateral such as a property or vehicle).

It's important to remember that you should only apply for holiday loans for bad credit if you need to cover essential or pre-planned travel costs. You shouldn’t apply for holiday loans to cover impulse trips as the repayments could put a strain on your finances if you haven’t given them proper thought and consideration. Missing repayments for holiday loans can affect your credit score and you might be faced with additional fees and charges.

How Do Holiday Loans Work?

Holiday loans are a type of personal loan used specifically to fund travel expenses, whether it’s a plane ticket, hotel costs or another essential travel cost. Our holiday loans allow you to borrow a fixed amount upfront and repay it in weekly, fortnightly or monthly instalments over an agreed period (for a maximum of 8 or 12 months depending on if you’re a returning customer).

It’s easy to apply for holiday loans using our simple online form. We’ll ask you what you’re looking for in a loan, such as your preferred loan amount and repayment period. We’ll also need information about your personal and financial situation, such as how much you currently pay for your rent or mortgage, utility bills and existing loans.

We have loans with low APR, which means you’ll pay low interest on your loan. If you want to save further on your loan, it’s a good idea to choose a loan with a short repayment period as you won’t need to make as many repayments. For example, it’s better to borrow a 6-month loan than one that lasts several years as you won’t have a large loan hanging over your head for a long period.

Are You Eligible For A Holiday Loan?

Before you apply for our short term loans, you need to make sure you meet our lending eligibility requirements. You must:

  • Be at least 18 years old
  • Be a UK resident
  • Have a bank account and debit card
  • Be in regular employment and have a regular income

As an FCA-authorised direct lender of same day loans in the UK, we are required to run credit checks as part of our decision-making process. We can only provide a decision after credit and affordability checks have been completed. Unfortunately, we are unable to approve applicants who have been declared bankrupt, entered into a Debt Relief Order, or have an Individual Voluntary Arrangement (IVA) debt solution.

A soft credit check won’t appear on your credit file and won’t affect your credit history. However, a hard credit check may temporarily affect your credit score. If we can’t determine if you can afford the loan terms you are looking for with a holiday loan, we will unfortunately have to decline your application. As part of the approval process, you will also be required to provide proof of ID, proof of address and your last 3 months' bank statements.

Can I Use My Loan from Fast Loan UK to Pay for My Holiday?

Our holiday loans can be used to cover various expenses such as plane tickets, accommodation, travel insurance and emergency travel plans. One of the great things about holiday loans is that there are no restrictions on what you can spend the money on – you don’t need to provide receipts or prove how the money is being spent.

We consider applicants of all credit types and can offer holiday loans for bad credit, even if you have been turned down for loans by other lenders. Our team prides itself on clear communication and a fast, efficient process. You can apply for holiday loans via your smartphone, tablet, laptop and computer, as long as you have a good internet connection.

Why Choose Fast Loan UK

When it comes to borrowing money quickly and responsibly, Fast Loan UK is the perfect option. As a direct lender, we have a simple online process that lets you apply for holiday loans from the comfort of your own home. Unlike brokers, our team will deal with your application directly and find you tailored quotes for payday loans that suit your unique personal and financial circumstances. You won’t have to deal with third parties and can reach out to us if you need any help with your application.

You can choose how much you want to borrow, with new customers able to borrow up to £600 over a period of 8 months and returning customers able to borrow up to £2,000 over a period of 12 months. Our holiday loans are unsecured, which means you won’t need collateral, although the interest rates are higher than other types of loans. If you’ve considered all your financial options and have decided a holiday loan is the right option for you, apply today using our online form. Contact us if you have any questions about your application or the loan process.

Holiday Loan Frequently Asked Questions

How long do I have to repay a holiday loan?

With Fast Loan UK, you can request a repayment period of up to 8 months or 12 months, depending on if you’re a returning customer or not. The repayment instalments will need to be paid on a weekly, fortnightly or monthly basis.

How quickly will I receive the money?

Once approved, we’ll aim to transfer the funds on the same day, often within a few hours (depending on the time of your application and your bank's processing). The process is fast and efficient to help you book your trip or cover travel costs quickly.

Are holiday loans a good idea?

Yes, holiday loans can be a great option if you have considered other sources of income and have decided a loan is the best option for you. You can use holiday loans to spread the cost of your trip and fit the repayments into your budget, rather than paying the total cost in one go. Holiday loans are a good alternative if you don’t want to use your credit card or dip into your savings.

Can I get a holiday loan if I’m self-employed?

Yes, you can still apply if you’re self-employed, as long as you can prove you have a regular, reliable income and that you can afford the loan repayments. We look at your current affordability, not just your employment type.

Can I apply for a loan if I’ve been turned down elsewhere?

Yes! Even if you’ve been declined by other lenders, you may still be eligible for holiday loans from Fast Loan UK. We take a broader view of your financial situation, including your income, expenses, and ability to repay, not just your credit score. Every application is assessed individually and we will provide you with a fast decision to help make sure you have the funds ready for your holiday.

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Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk
Don’t Go Just Yet!
Proud to offer the cheapest instant short term loans in the UK

The cost of borrowing £300 over 6 months:

#1
Fast Loan UK £507.48
#2
Mr Lender £544.00
#3
Cashasap £556.23
#4
Lending Stream £579.00
#5
Money Platform £586.26
#6
Savvy £595.00
#7
QuidMarket £596.46
#8
Cash4unow £599.82
#9
Fernovo £595.92
#10
Ticktock Loans £595.92
#11
Loan Pig £595.92
#12
Moneybag £600.00
Apply Now!