Money for a Holiday

Get the money you need for a holiday by securing funds through Savvy, with approval up to $5,000 and instant outcomes.

Written by 
Savvy Editorial Team
Savvy's content writing team are professionals with a wide and diverse range of industry experience and topic knowledge. We write across a broad spectrum of finance-related topics to provide our readers with informative resources to help them learn more about a certain area or enable them to decide on which product is best for their needs with careful comparison. Meet the team behind the operation here. Visit our authors page to meet Savvy's expert writing team, committed to delivering informative and engaging content to help you make informed financial decisions.
Our authors
, updated on December 11th, 2023       

Fact checked

At Savvy, we are committed to providing accurate information. Our content undergoes a rigorous process of fact-checking before it is published. Learn more about our editorial policy.

$2100
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$500
$50,000


Paid in 60 mins if approved*
Written by 
Savvy Editorial Team
Savvy's content writing team are professionals with a wide and diverse range of industry experience and topic knowledge. We write across a broad spectrum of finance-related topics to provide our readers with informative resources to help them learn more about a certain area or enable them to decide on which product is best for their needs with careful comparison. Meet the team behind the operation here. Visit our authors page to meet Savvy's expert writing team, committed to delivering informative and engaging content to help you make informed financial decisions.
Our authors
, updated on December 11th, 2023       

Fact checked

At Savvy, we are committed to providing accurate information. Our content undergoes a rigorous process of fact-checking before it is published. Learn more about our editorial policy.

Dreaming of a well-deserved holiday but don’t quite have the money for it? You can make it a reality with a fast cash loan through Savvy. We understand the importance of taking a break, so you can apply for funds through us and turn your dream trip into unforgettable memories. Start planning your escape by applying for up to $5,000 today and receive an instant outcome!

How can I access money for a holiday?

You can secure a quick and easy small loan to provide you with money for your holiday plans or other lifestyle expenses, which can be done through Savvy. Designed for rapid application, approval, and fund transfer, these loans are ideal for urgent needs or unexpected situations.

Savvy simplifies the application process for a money-for-holiday loan, ensuring a user-friendly experience. Follow these straightforward steps to apply for a speedy holiday loan:

  1. Complete our application form, providing details about yourself, including credit score, income, employment, and more.
  2. Submit your application and swiftly receive an instant, automated outcome from our network of lenders.
  3. If conditionally approved, your application undergoes assessment by your designated lender, potentially requiring additional documentation.
  4. Upon the lender's satisfaction, you'll receive formal approval and loan documents outlining terms, fees, repayment schedule, and other relevant details.
  5. After signing and returning the documents, your funds will be promptly transferred to your nominated account.

How much money can I borrow for a holiday loan through Savvy?

Planning a holiday and need financial support? Savvy offers a flexible borrowing range for holiday loans, allowing you to secure any amount between $2,050 and $5,000, contingent upon meeting the necessary lender eligibility criteria. This adaptable spectrum accommodates various financial needs for your trip, enabling you to choose an amount tailored to your specific requirements.

Keep in mind that the amount you can borrow is determined by your unique financial situation, ensuring a personalised approach based on individual circumstances. Factors like credit score, income, existing liabilities, savings, and other relevant financial considerations impact your borrowing capacity. Additionally, your income must come from one or more jobs with stable pay and hours and/or eligible Centrelink payments.

How long will it take to receive my money for my holiday?

Securing small loan funds for your holiday is a convenient and timely process, with the potential for formal approval and fund release on the same day, possibly within one hour of application. It's essential to note that approval is contingent on your application satisfying all necessary lender criteria and successfully passing required assessments. The speed of your application's approval may be influenced by several factors:

  • The complexity of your application, including aspects such as defaults and the stability of your income.
  • Your lender's processing time, affecting the overall duration of the assessment.
  • The timing of your application submission, especially if it falls outside regular business hours, necessitating waiting until your lender resumes formal assessment.

Why apply for a small loan with Savvy?

Frequently asked questions about money for a holiday

Can I obtain money for a holiday with bad credit?

Yes – you can obtain money for a holiday even with bad credit, provided you pass all the required eligibility checks with your lender. Lenders providing funds for holiday expenses tend to be more flexible and consider various factors beyond just credit history. This increases the chances of securing the funds you need for your holiday plans.

Can I pay off my holiday loan ahead of schedule?

Yes – you can pay off your holiday loan ahead of schedule. Lenders offering holiday loans understand the benefit of early repayment for borrowers. Clearing your holiday loan early can save you valuable money on monthly fees, as loans of this type don't carry penalties for early settlement.

Can I apply the funds from my loan for uses other than holiday-related expenses?

Yes – you have the freedom to allocate the funds from your loan for various purposes, not limited to holiday-related expenses. If you have leftover funds, you may wish to use them for other financial needs, from bills to lending a hand with your solar installation. However, keep in mind that certain restrictions apply, such as the funds not being used for activities like gambling or paying off other small loans.

How much will my holiday loan cost?

The primary costs for your holiday loan include the establishment fee (capped at $400) and monthly fees (capped at 48% of your loan’s total value per year). The actual amount you pay will hinge on:

  • The size of your loan
  • The loan term you choose (between 16 days and two years)
  • Your selected repayment frequency (weekly, fortnightly or monthly)
  • Consideration of extra repayments
  • Possible conditional fees, like late repayment or dishonour fees

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Disclaimer:

The information on this website is of general nature and does not take into consideration your objectives, financial situation or needs.

For loans between $2,050 and $5,000, the APR is between 21.24% (minimum) and 48% (maximum) per annum. Comparison rate of 65.4962%. Minimum term is 16 days and maximum term is 24 months. The cost of the loan is a $400 establishment fee and monthly interest charged on the amount borrowed. For example, a loan of $3,000 over 3 months with an APR of 48%, (comparison rate of 65.4962%), will have an establishment fee of $400, monthly repayments of $1,225.20. Total repayments of $3,675.60 and total interest payment of $275.60.

Warning: A comparison rate indicates the true cost of a loan. Comparison rates are true only for the examples provided and may not include all fees and charges. Different terms, fees or loan amounts might result in a different comparison rate.