Vacation Loans: Low Rate Personal Loans for Travel

Find a lender to fund your travel adventures in just a few minutes with our easy, hassle-free form.

TAKE THE STRESS OUT OF VACATION SPENDING WITH A PERSONAL LOAN

Cut back on the stress of planning your next trip by removing finances from your list of concerns — with a personal vacation loan you can budget your entire trip without needing to juggle the balances (and payments) on multiple credit cards. With Loanz, all it takes is one simple form and a few minutes to connect to multiple potential offers to fund your dream getaway.

VACATION LOAN CALCULATOR

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Monthly Payments
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Total Principal Paid
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Enter your desired loan amount and a few other details into our calculator. It quickly provides you with an indicative loan scenario based on the information you provide. This tool is designed to help you understand potential loan structures that could suit your financial situation.

Get away from it all with a vacation loan

Connect with one of Loanz’s partner lenders to find a loan offer that will work for you. With one simple form you can explore your personal loan offers. Make sure that how you’ll pay for your vacation will be one less worry as you plan the trip of a lifetime.

Get Started

On Your Terms

Once you’ve chosen one of our partner lenders, you select the payout option that works best for you. Funds can be disbursed as quickly as one business day depending on the lender.

Save Time

If you need money fast, save time and effort by using our convenient online form. Loans has a large partner network to connect you to a lender that works for you.

Secure

Our encrypted form protects your information and connects you with trusted lenders.

Online Platform

Our online process makes it easy to get a quote anytime, anywhere. Fill out our convenient form from your phone or a computer to explore your loan options!

Hassle-free

Exploring your loan options has never been easier. With one simple form, you can unlock multiple potential offers.

Transparent

We keep the qualification process simple to understand and strive to make lenders’ terms as transparent as possible as we guide you through the loan request and approval process.

It’s As Easy As 1-2-3

One Application, Multiple Potential Offers

Our streamlined application process is designed to save you time, allowing you to submit your information just once instead of applying separately to each lender. You have the possibility of potentially connecting with various lenders from our network depending on the individual lender’s criteria and your eligibility.

Explore Loan Options

Loanz will assist to explore potential loan offers by searching through our network of partner lenders. We are here to support you in the loan exploration process and, if you find a suitable offer, assist with the next steps as needed.

Proceed to Funding

After you have finalized the details of your loan with your selected lender, they will be responsible for depositing the funds into your bank account. Payouts could be offered as quickly as one business day, subject to individual lender policies and procedures.

Can You Get A Loan For A Vacation?

Taking out a vacation loan is the least traditional method of paying for a vacation, but it’s a viable option — particularly if you’re looking to fund a once-in-a-lifetime family trip, a honeymoon, or another dream getaway.

Vacation loans can be used to cover travel expenses, lodging, experiences, even food and drinks while on your trip. Loans can be secured or unsecured, but most vacation loans are unsecured, meaning they won’t require collateral. Instead, lenders will look at your credit score to make a determination of your eligibility, and if approved, what terms are offered.

Pros & Cons To Financing Your Trip With A Loan

A vacation loan may not be suitable for everyone. There are pros and cons to consider to using a personal loan for a vacation.

Pros:

  • Funds Available When You Need Them: Because your loan is distributed as a single lump sum, and some lenders can disburse payments as quickly as a single business day, you’ll have your loan as soon as you need it. You can pre-pay for an entire resort stay, or just book everyone’s flights.
  • Fixed Repayment Period: Budgeting is easy with a loan because you’ll have a fixed monthly payment for a set period. There’s usually no pre-payment penalty for paying your loan off sooner than expected, either.
  • Greater Spending Limit: A loan can give you a bigger budget than savings alone could. Take the trip of a lifetime and bring the whole family along for the experience.
  • Build Credit: A loan can be an excellent tool to boost your credit score with a track record of on-time payments. Decisions to open any new credit account should be made carefully and strategically.

Cons:

  • Multi-Year Repayment Terms: Depending on the exact length of the loan, you could still spend years paying off a vacation that lasted only a week or two. Be mindful of your budget and how much debt you’re willing to take on.
  • Taking On Debt: A vacation loan is ultimately taking on debt for a luxury. It’s up to you to decide how wise that decision is, given your financial situation.
  • Higher Costs: A loan comes with interest rates and fees, which means that you will ultimately pay more for the experience than if you had saved money and paid for the trip out of pocket.

Alternatives To A Vacation Loan

  • Savings: The time-honored tradition of saving your pennies for a trip is still a viable method of funding your vacation. The biggest advantage is not having to incur any debt for your trip. However, depending on the destination and your budget, saving up could take a while.
  • Credit Cards: A common method for paying for vacations is to use travel-specific credit cards, which often offer benefits and perks for travel-related purchases. However, you’ll still be taking on debt to finance your vacation and rewards credit card APRs can be quite high.
  • Credit Card Rewards: A way to both save some money and make the most of your existing travel cards — if you have rewards, use them! However, keep in mind that you’ll likely have restrictions around how you can use these rewards, so you’ll need to keep an open mind and be flexible about planning your vacation.

Exploring Loan Options For Your Vacation Has Never Been Easier!

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