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Holiday Loans in the UK | Check Eligibility

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  • Borrow £1,000 to £8,000
  • Repay over 12 to 60 months
  • Check eligibility with no impact on your credit score
Check my eligibility nowThis won't affect your credit score

Representative example: Amount of credit £2,000 for 24 months. Interest rate: 41.2% pa (fixed). 24 scheduled monthly payments of £123.64. Total amount payable: £2,967.43. Representative 49.9% APR.

Can you use a personal loan for holiday costs?

Yes, a personal loan can be used to help cover holiday costs if the repayments are affordable for you. People often look at holiday loans when they want a clear budget for flights, accommodation, transfers, insurance or other planned travel expenses without relying on several different forms of credit.

At 118 118 Money, you can check your eligibility before you apply, so you can see whether you are likely to be accepted with no impact on your credit score. If accepted, you could borrow from £1,000 to £8,000 and repay over 12 to 60 months.

Check whether a holiday loan could be right for you
Use the eligibility checker to see whether you are likely to be accepted before you apply.
Check my eligibilityThis won't affect your credit score
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Why people look for holiday loans

Holiday costs can build quickly. A loan is usually about bringing those costs into one clear repayment plan so you can budget with more confidence.

Spread the cost of bigger bills. A holiday often brings several large expenses at once, from flights, accommodation and travel extras to insurance and transfers. A loan can help you turn those costs into fixed monthly repayments.

Know your repayment plan upfront. With one fixed repayment schedule, it can be easier to budget than putting everything on cards or juggling several payment dates.

Check before you apply. Use the eligibility checker to see whether you are likely to be accepted before you apply, with no impact on your credit score.

Borrow for planned events, not last-minute panic. Holiday finance works best when you know what you need, what it will cost and how the repayments fit into your budget after the trip.

Designed for less-than-perfect credit. 118 118 Money is built for people whose credit profile may not fit the criteria used by mainstream lenders.

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3 simple steps to check for a holiday loan

  • Check your eligibility with no impact to your credit score
  • Review your offer, set up your Direct Debit and sign
  • Receive funds in 15 minutes*
Check my eligibilityThis won't affect your credit score. *This can vary from 15 minutes to 2 hours depending on your bank.
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What to consider before applying

Before taking out a holiday loan, start with the total amount you really need. It can help to separate essential booked costs from optional extras so you do not borrow more than necessary.

Next, look at the total amount repayable rather than focusing only on the monthly figure. A lower monthly payment may feel easier in the short term, but stretching borrowing over longer can mean paying more overall.

It is also worth thinking about your budget after the holiday. If you have other major spending planned soon after, make sure the repayments still feel manageable. A holiday loan should support your plans, not add pressure once the trip is over.

Before you apply, include the full cost of the trip in your budget: flights, accommodation, insurance, transfers, luggage, activities and spending money. If the total feels uncomfortable, borrowing less or waiting longer may be the better answer.

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Holiday Loan FAQs

It can be possible. If accepted, a personal loan could help cover holiday-related costs such as flights, accommodation, transfers, insurance or other planned travel expenses.

No. Checking your eligibility lets you see whether you are likely to be accepted before you apply and it will not affect your credit score.

If accepted, you could borrow from £1,000 to £8,000 and repay over 12 to 60 months, depending on your circumstances.

A loan should only be used if the repayments are affordable. Compare the total amount repayable, think about your wider budget after the holiday, and remember that borrowing over a longer term can cost more overall.

Once your loan is approved and completed, funds can arrive in as little as 15 minutes, although this can vary from 15 minutes to 2 hours depending on your bank.

See whether you are likely to be accepted before you apply

Use the eligibility checker to look for a holiday loan that fits your budget. It will not affect your credit score.

Check my eligibility
118 118 money helpers illustration
118 118 money helpers illustration

Credit is subject to status, affordability and credit checks. Credit is only available to UK residents aged 18 and over. Terms and conditions apply.