Holiday loan options in just minutes.

If you’re after a getaway but don’t have the spare cash at hand, an unsecured personal loan allows you to travel without money on your mind. You can break the larger expense of your dream holiday into smaller monthly repayments. You can choose your loan term to suit you, and shop around to find a competitive interest rate. Our panel of lenders will even let you repay your personal loan ahead of the agreed schedule, however they may charge some early repayment fees.

Better still, once you’re approved for your holiday loan with one of our lenders, the personal loan funds should hit your account within a few days, meaning you can travel with confidence.

Yes. As there is no collateral provided for the lender to recoup in the instance that you do not repay the loan, all travel loans are an unsecured personal loan. Compared to secured loans, a personal loan generally has a higher interest rate to account for the risk taken on by the lender.

A travel loan (or holiday loan) is a personal loan in which the disbursed funds are used to finance holiday expenses, such as flights or accommodation. A travel loan allows you to break down a larger expense into smaller monthly repayments under one fixed interest rate, over a loan term that suits you. When comparing holiday loans, it’s important to consider if you’re after a fixed or variable rate loan.

A holiday loan can be used to cover just about anything! When it comes to personal loans, there are generally few conditions on what the funds can be used for - they could cover anything from flights and accommodation, to a sunset cruise in the Bahamas. So get spending!

Yes! An unsecured loan means there are very few conditions on how the money is used. A holiday loan, then, can be used to cover any travel expenses, no matter where you’re going or for how long. This means holiday loans can cover a trip to New York or Aruba for jet setting newlyweds.

At Driva, we understand that everyone's travel costs, plans and personal circumstances are different. This is why we offer flexible holiday loan terms to suit a wide range of needs. You can choose from a variety of durations: whether it's a shorter term like 1 or 2 years to pay off a quick getaway or an extended term of 3, 4, 5, or even up to 7 years for those bigger, dream vacations. This flexibility allows you to manage your monthly repayments in a way that aligns with your financial situation and travel goals.

The interest rate for a holiday loan through Driva is tailored to each individual. It largely depends on your personal financial situation, credit history, and the specific lender you're matched with. While we strive to offer competitive rates, the exact figure can vary.

It's always a good idea to get your personalised rates, which allows you to see the rates you might be eligible for without any impact on your credit score, also with no hidden fees and charges. Remember, a better financial profile generally means a more favorable rate.

Taking a loan to finance your travels is a personal decision and depends on your financial circumstances and priorities. A holiday loan can enable you to take that dream trip now and pay for it in manageable monthly installments. This is especially handy if you come across a limited-time travel deal or if there's a special occasion that can't wait.

However, it's essential to ensure that you can comfortably meet the repayment terms and that the loan won't strain your finances. Before committing your loan application, it's advisable to assess your monthly budget, consider the interest rates and potential fees (including early repayment fee and exit fees), and determine if the trip is worth the long-term commitment.

With Driva, you have flexibility in loan amounts to borrow anywhere from $2,000 to a substantial $70,000 for your holiday loan. The amount you can borrow is dependent on multiple factors like your credit score, monthly income, existing financial commitments, and the lender's evaluation of your repayment capability.

While we provide a broad range, it's essential to borrow only what you need and ensure you're comfortable with the repayments. Whether you're planning a short local trip or a grand international tour with flights, accommodation and transport catered for, Driva is here so you can have peace of mind with spending money on your venture and to support your travel aspirations.

Yes, many people opt for holiday loans to finance their vacations. The reasons are diverse. Some may come across a last-minute travel deal they don't want to miss; others might want to celebrate a special occasion like an anniversary or milestone birthday in style. 

Additionally, holiday loans provide the convenience of breaking down a significant travel expense into manageable monthly installments, allowing travelers to experience their dream vacation without waiting years to save up. However, it's always vital for borrowers to ensure that they have a clear plan for repayments to enjoy their holidays without financial stress upon return. 

Speak to a Driva lending specialist from our friendly team today on how we can assist you to determine the right loan for your needs and get you the best deal. From unsecured personal loans to a secured loan option we have a wide range of products that can tailor to just about any credit profile (including options for those with bad credit) to fulfill your travel dreams.