Vacation loans
A vacation loan is a personal installment loan used to cover travel costs: flights, hotels, cruises, tour packages, and the cash for the trip itself. Compared with putting the trip on a credit card and revolving the balance, a personal loan with a fixed APR and defined payoff date often costs less over time and avoids the surprise of double-digit minimum-payment interest.
Why apply here.
- 01Cover flights, hotels, cruises, and on-trip spending
- 02Loan amounts from $500 to $25,000
- 03Fixed APRs typically 9.99% to 29.99%
- 04Predictable monthly payment instead of revolving card balance
- 05Defined payoff date so the trip doesn't follow you for years
About this loan.
Is borrowing for a vacation a smart move?+
Honestly, only if the budget is small enough that you can repay it within 12 to 24 months at a reasonable APR. If repaying the trip will stretch four years at high interest, the math gets ugly. A loan-payment calculator can show you the total cost before you commit.
Should I use travel rewards cards instead?+
If you can pay the balance in full each month, a rewards card is hard to beat. If you'll carry a balance, a personal loan with a single-digit APR is usually cheaper than a card's 20%+ APR.
Can I get a vacation loan with bad credit?+
Lenders in our network consider FICO scores below 600 for personal loans, including for travel. APRs at the lower end of credit will be at the upper end of the range, so consider whether the trip cost still works at that rate.
How long does it take to get the money?+
Funds are typically in your checking account the next business day after you accept and e-sign. You then use the funds to book flights, hotels, and any other travel costs directly.