Enjoy Your Dream Holiday with a Hassle-free Holiday Loan
Getting itchy feet? Planning a big break or your next foreign adventure? A holiday loan could turn your fantasies into a reality; allowing you to spread out the cost so that it’s easier to keep on top of your finances.
Taking time out for rest and rejuvenation is so important - but unfortunately it often doesn’t come for free. With a holiday loan, you can avoid the stress of paying for a relaxing holiday all in one go, making the whole process more manageable.
What is a Holiday Loan - and How Does it Work?
It’s been predicted that in 2023 UK households will spend more than £2000 on holidays , which is a substantial sum to hand over all at once. A holiday loan is a type of personal loan that can help ease the financial burden. It could be that you don’t have the money to hand and the holiday you’re hoping to book requires an upfront payment, or perhaps you’re planning a long time in advance and would rather pay for your trip in instalments.
Much like any personal loan, the first thing to work out is how much you need to borrow. The great news is this is not set in stone: you could decide to use a loan to cover the whole trip (flights, transport, accommodation, sight-seeing, any other activities) or simply a portion of it. It’s also useful because it removes the potential for repayments to different lenders - for example, if you paid for your flights on one credit card, and your hotel on another, you’d have two sets of interest (and repayments) to think about. With a holiday loan, you simply have one repayment schedule to keep up with, and there are lots of options to choose from when it comes to how much you want to pay each month, and how long for.
Once you’ve decided how much you’d like to borrow, it’s time to find the best deal. Cherry Godfrey offer some of the most competitive rates on the market and will work with you to find a loan that suits your circumstances, repayment timeline and requirements. You’ll receive the funds quickly and, after that point, you simply need to keep up with the agreed repayment terms.
Advantages of a Holiday Loan
There are a number of benefits to taking out a personal loan for a holiday:
● You can take out up to £30,000 unsecured - enough to pay for the trip of a lifetime.
● There’s no need to put your dream holiday off if you don’t have time the save - the funds are available immediately.
● You can set the terms that work best for you: whether you’d like to pay the loan off quickly or spread the cost out over a number of years. With Cherry Godfrey, you can even change your final repayment date during the term at no further charge.
● As an additional bonus, keeping up with the repayment schedule will boost your credit score.
The team at Cherry Godfrey will ensure the process is quick and easy. Simply complete an application form online or request a callback and one of our expert advisers will help you get started. Once you’ve completed your application, you’ll hear from us in 24 hours or less with a decision (provided no additional information is required) - and the funds will be in your account within three days!
