dad on vacation

Finance your vacation

If you’re looking for ways to fund your next vacation, this guide will help.

Going on a vacation can work wonders for refreshing your mind, body and soul, whether you go alone, with your partner or with your entire family. However, finding the money to pay for that vacation isn’t always easy. Vacation financing alternatives can help you get on your way.

You can find numerous lenders across the US that offer travel loans designed for people who wish to go on vacations. You can use the money from these loans for any travel-related expense.

What loans could you qualify for?

Answer two quick questions to get recommendations on which lenders may approve your loan application.

Question 1 of 2

What’s your credit score range?

Very good740 or higher
Good670 – 739
Fair581 – 669
Poor580 or lower
I don’t know

Question 2 of 2

How much do you want to borrow?

$1,000or less
$1,001 – $5,000Between
$5,001 – $35,000Between
$35,000 or more

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Prosper Personal Loan - Quiz

Prosper Personal Loans

You could borrow up to $35,000 for a variety of purposes, with rates starting from 5.99%.

  • Recommended Credit Score: 640 or higher
  • Minimum Loan Amount: $2,000
  • Maximum Loan Amount: $35,000
  • Loan Term: 3 or 5 years
  • Turnaround Time: 1-3 business days
  • Simple online application process
  • No prepayment penalties
    SoFi Personal Loan Fixed Rate (with Autopay) - Quiz

    SoFi Personal Loan Offer

    SoFi offer you the chance to borrow up to $100,000 with the choice between a fixed or variable interest rate.

    • Recommended Credit Range: Good to excellent
    • Min. Loan Amount: $5,000
    • Max. Loan Amount: $100,000
    • Loan Term: 3, 5, or 7 years
    • Unemployment protection
    • Confidential and secure online application
      OppLoans Installment Loans - Quiz

      OppLoans Installment Loans

      Get fast funding up to $5,000 at reasonable interest rates.

      • Min. Loan Amount: $1,000
      • Loan Term: 9 to 24 months
      • Turnaround Time: 1 business day
      • Must be 18+ years old
      • No security deposit needed
      • Confidential and secure
        LendUp Payday Loans - Quiz

        LendUp Payday Loans

        Apply for a payday loan conveniently online and borrow between $100 and $250.

        • Minimum loan amount: $100
        • Maximum loan amount: $250
        • Turnaround time: 1 business day
        • Loan term: 7–30 days
        • Good credit not required
        • Confidential and secure
          Lending Club Personal Loan - Quiz

          Lending Club Personal Loan

          Lending Club offers loans of up to $40,000 as alternative to bank loans. Rates from 5.99% to 35.89% APR based on your credit score.

          • Recommended Credit Score: 660 or higher
          • Min. Loan Amount: $1,000
          • Max. Loan Amount: $40,000
          • Loan Term: Flexible Terms
          • Turnaround Time: Varies
          • Total Costs: Depends on your credit score
          • Consolidate loans or pay off high interest debt
          • Confidential and secure online application
            NetCredit Personal Loan - Quiz

            NetCredit Personal Loan Offer

            You could borrow up to $10,000 and get an interest rate personalized to your credit score.

            • Recommended Credit Range: Fair or better
            • Min. Loan Amount: $1,000
            • Max. Loan Amount: $10,000
            • Loan Term: Varies upon State
            • Turnaround Time: 1 business day
            • Total Costs: Depends on your credit score.
            • Unemployment protection
            • Confidential and secure online application
              CashNetUSA Loan - Quiz

              CashNetUSA Loans

              You could borrow up to $2,250,depending on your state of residency, with a payday loan from CashNetUSA.

              • Min. Loan Amount: $300
              • Loan Term: Varies by state
              • Turnaround Time: Same day - conditions apply
              • Must be 18+
              • No security needed
              • Confidential and secure
                Upstart Personal Loans - Quiz

                Upstart Personal Loan Offer

                Consolidate your debt to pay it off faster. Apply to borrow up to $50,000 from Upstart Personal Loans.

                • Recommended Credit Score: 620 or higher
                • Min. Loan Amount: $1,000
                • Max. Loan Amount: $50,000
                • Loan Term: 3 or 5 years
                • Turnaround Time: 1-2 business days
                • Total Costs: Depends on your credit score.
                • No prepayment penalty
                • Confidential and secure online application

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                  Prosper Personal Loan

                  Prosper Personal Loans

                  You could borrow up to $35,000 for a variety of purposes, with rates starting from 5.99%.

                  • Recommended Credit Score: 640 or higher
                  • Minimum Loan Amount: $2,000
                  • Maximum Loan Amount: $35,000
                  • Loan Term: 3 or 5 years
                  • Turnaround Time: 1-3 business days
                  • Simple online application process
                  • No prepayment penalties

                    Personal loans you can apply for

                    Rates last updated June 25th, 2017
                    Unfortunately, none of the personal loan providers have a loan for that credit score. It you are urgent need of a small loan, you might want to check out a short term loan.
                    Table Image Minimum Credit Score Max. Loan Amount APR Requirements
                    Prosper Personal Loan Prosper Personal Loan 640 $35,000 From 5.99% (fixed) Must be 18+ years old, an American citizen or US permanent resident and have a 640+ credit score. Go to site More
                    Lending Club Personal Loan Lending Club Personal Loan 660 $40,000 From 5.99% (fixed) You must be over 18 years of age, a permanent resident of the US or an American citizen and have a steady source of income. Go to site More
                    SoFi Personal Loan Fixed Rate (with Autopay) SoFi Personal Loan Fixed Rate (with Autopay) Good to excellent credit $100,000 From 5.49% (fixed) You must be a U.S. citizen or permanent resident 18 years or older. Go to site More
                    Laurel Road Personal Loans Laurel Road Personal Loans Good to excellent credit $45,000 From 5.75% (fixed) Must be a US citizen or permanent resident with a valid I-551 card Go to site More
                    Upstart Personal Loans Upstart Personal Loans 620 $50,000 From 7.16% (fixed) Must be 18+ and a US citizen or permanent resident. Must have good to excellent credit. Go to site More
                    NetCredit Personal Loan NetCredit Personal Loan 550 $10,000 From 34% to 155% depending on your state of residence% (variable) Varies depending on your state of residence. Go to site More
                    OneMain Financial Personal Loans OneMain Financial Personal Loans 600 $25,000 From 12.99% (fixed) Eligibility for a loan is determined by your financial history, credit history, income and expenses, and whether or not you have ever filed for bankruptcy. More

                    Have we missed anything in the comparison table? Tell us

                    • If the provider quotes a different rate to the one above please let us know

                    Personal loan lender matching services

                    These matching services connect consumers with personal loan lenders. It is important to note that these services do not make credit decisions and they are not lenders, loan brokers or agents for any lender or loan broker. They can help link you up with a lender that might be able to help you access a loan.

                    Rates last updated June 25th, 2017
                    Unfortunately, none of the personal loan providers have a loan for that credit score. It you are urgent need of a small loan, you might want to check out a short term loan.
                    Table Image Minimum Credit Score Max. Loan Amount APR Requirements
                    LendingTree Personal Loan LendingTree Personal Loan Good to excellent credit $35,000 From 5.99% (fixed) You must be an American citizen or a permanent resident of the US. You must be at least 18 years of age and have a regular source of income. Go to site More
                    PersonalLoans.com PersonalLoans.com Varies by lender $35,000 From 5.99% (fixed) You must be employed, 18+ with a bank account. Go to site More
                    Zippyloan Personal Loans Zippyloan Personal Loans Varies by lender $15,000 From (variable) Good credit, a steady income and manageable debt. More
                    Trusted Loans — Personal Loan Trusted Loans — Personal Loan Varies by lender $10,000 From (fixed) 18+, have an open bank account, be employed or have regular income More
                    LoanStart.com Personal Loans LoanStart.com Personal Loans Varies by lender $35,000 From 4.84% (fixed) You must be a US citizen, at least 18 years old, have a valid social security number, be employed, and have a bank account in your name Go to site More

                    Have we missed anything in the comparison table? Tell us

                    • If the provider quotes a different rate to the one above please let us know

                    How do vacation loans work?

                    To qualify for any kind of vacation financing you’ll have to meet some basic eligibility criteria. While some lenders require applicants to have good creditworthiness, you can find vacation loans for bad credit as well. State regulations can have an effect on the kinds of travel loans you can get. For example, you cannot get payday loans in all states.

                    The kind of loan you choose and its duration will affect the maximum amount you can borrow. This also depends on the lender you work with, your credit score and your existing financial situation.

                    Options you have for a vacation loan

                    Your options for a holiday loan include:

                    • Personal loans. If you have good or excellent creditworthiness you can apply for a personal loan through a bank or a credit union. The annual percentage rate (APR) for these loans is usually competitive, and some offer flexibility when making repayments.
                    • Payday loans. You can apply for a payday loan if you have poor or bad creditworthiness, provided you can demonstrate an ability to repay the money you want to borrow. Payday loans tend to attract higher APRs compared to personal loans.
                    • Auto title loans. With an auto title loan you use your vehicle’s title to secure the loan. Since you’re providing collateral, you don’t have to have perfect creditworthiness. However, your credit score can have an impact on the APR you get.
                    • Credit cards. Some people use their credit cards for spending while traveling, especially overseas. Using vacation credit cards makes sense if you plan to use features such as access to airport lounges, complimentary insurance cover and frequent flyer rewards. Don’t forget that you may have to pay foreign currency conversion fees as well as ongoing annual fees. Using your credit card for cash advances can see you paying a considerably high APR.

                    Legs in the sun at beach

                    How you can compare your holiday finance options

                    When you’re looking for vacation financing, pay attention to these aspects:

                    • Interest rate. Whether you get a personal loan, a payday loan or an auto title loan you’ll have to pay interest. The APR can vary significantly even with the same kind of loans, so compare as many options as possible.
                    • Fees. A low interest rate might not help much if you end up paying a huge amount in fees. Before you accept any vacation loan’s contract find out how much you may have to pay for application fees, loan disbursement fees, late fees and NSF fees.
                    • Loan amount and term. A payday loan is typically a low-value short-term solution, whereas you can get higher amounts and longer terms through personal loans.
                    • Repayment flexibility. One reason why people seek vacation loans is to spread the costs over time. Making monthly payments for vacation loans is common. You can also find lenders that let you make weekly or fortnightly payments.
                    • Credit rating. Conventional lenders normally only accept applications from individuals who have good or excellent credit rating.

                    Is there anything you should avoid about vacation loans?

                    If you think you may have trouble repaying the loan on time you should avoid taking it in the first place. This is because not making timely repayments can have an adverse effect on your credit rating as well as your ability to borrow in the future.

                    Some people don’t go through the loan contract in detail, which can prove to be a costly mistake. This document gives you a clear picture of all associated fees and charges, telling you how much the loan may end up costing over time, so it’s worth spending time on.

                    Avoid overspending while on your vacation. If you spend more than you can afford on your credit card, the resulting debt will last long after the vacation is over.
                    Fast comparison of travel insurance cover with detailed reviews

                    Still have questions about vacation loans?

                    If you have all the required information close at hand you can complete an online application in a matter of minutes.

                    Yes, you can go wherever you want to (provided you have sufficient funds). Vacation loans aren’t linked to specific destinations.

                    This depends on the lender you’re working with, so you should check before applying.

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                    US Personal Loans Offers

                    Learn about our information service
                    Lending Club Personal Loan

                    Borrow up to $40,000 with rates from 5.99% to 35.89% APR based on your credit score.

                    Prosper Personal Loan

                    Borrow only what you need for debt consolidation, home improvements, special occasions and more — with APRs based on your credit score.

                    Upstart Personal Loans

                    This newer service looks beyond your credit score to match you with accredited investors for low-rate personal loans.

                    PersonalLoans.com

                    Get matched with providers from a large network of banks, peer-to-peer marketplaces and direct lenders.

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