Why Get a Holiday Loan?

beautiful nz scenery made possible with holiday loans

With the travel deals all around New Zealand going wild at the moment, it’s the perfect opportunity to snap up a holiday at bargain prices. However, many families struggle to save up for a much-needed break post-COVID lock-down. Alternate Finance is here to help with our holiday loans at competitive interest rates.

What Is A Holiday Loan?

A holiday loan is a loan that gives you that bit of extra money you need to get away on your ideal holiday. While you may have been working hard all year and had many stresses to deal with, it can sometimes be tough to fork out for a holiday all in one go. The cost of accommodation, flights, and activities all add up.

If you have a holiday loan to cover the cost of your holiday, you can get away from it all without the financial headache of wondering whether you can afford to do everything you had planned.

A holiday loan is a perfect complement to your savings for the perfect stress-free getaway.

Why Get A Holiday Loan?

Unforeseen Expenses

When you go away on holiday, undoubtedly there will be unforeseen expenses that pop up from time to time. Whether it’s your car breaking down, extra activities you spot along the way, or something else, the unexpected can completely throw off your budget.

Having a bit of extra money for these expenses can let you travel without freaking out over every little extra cost that comes up.

One Loan, One Payment

The great thing about taking out a loan for your holiday is that you won’t need to whip out your credit cards to pay for things. Instead, you will have one loan with just one payment. When you stick with one loan rather than multiple, you’ll often find that it’s easier to pay off.

Memories Without Stress

The reason you’re going away on holiday is likely to be that you’re taking a well-deserved break. Why ruin it with all the financial stress of worrying about the cost of eating out, accommodation, and more? You’ll only relax fully when you’re not worrying about whether you have enough money to cover everything.

How to Keep Holiday Costs Down

The reality is that even with a loan, it’s best if you can keep the cost of your holiday down. A holiday budget planner can help with this, as can the below tips.


As mentioned earlier, there are plenty of deals to be had at the moment post COVID lockdown, when travelling locally around New Zealand. We recommend keeping an eye out for these. If you find great cheap accommodation, for example, snap it up quickly. Accommodation can be one of the largest costs of any holiday and this will make a huge difference in how far your money stretches.


Our advice for you about food is to cook your meals a reasonable amount while you’re away. Sure, you’ll want to splurge on some meals out to treat yourself. But there’s no reason why you have to eat breakfast, lunch, and dinner out every single day you’re away. This adds up, especially if you’ve got the kids with you.


There are plenty of deals on websites out there that offer large discounts on activities across New Zealand. By using a site like bookme.co.nz, you can save huge amounts of money on activities. Plus, if you rent a car you may find that you spend less on getting around from place to place. Work out how many taxis or Ubers you would need and compare this against the cost of hiring a car. It often works out cheaper to rent a car.

How to Apply for A Holiday Loan

Applying for your holiday loan is easy – deciding where to go may not be! Applying is as easy as 1, 2, 3.

1. Calculate

Use our loan calculator to determine how long it will take you to pay off your holiday loan. Simply enter how much you want to borrow and how much you can regularly afford to repay.

2. Apply

Apply online for your loan by filling out our quick and easy form.

3. Result

One of our friendly staff will be in touch with you to discuss your loan application. We make a decision based on whether we think you can realistically afford to repay the loan in the given timeframe.

Why Borrow from Us?

At Alternate Finance, we care about our customers. We never loan you more than we think you will be able to repay. Here’s why else you should borrow from us:

Competitive Interest Rates

Why pay more in interest than you need to? Check out our Loan Rates & Fees page to see what you could pay in fees.

Borrowing Made Easy

Borrowing money has never been as easy as it is with our online application form. It takes less than 10 minutes to fill out and then you can expect to hear from one of our team as soon as they have reviewed your application.

We See Past Your Credit Rating

Sick of hearing ‘no’ because of your below-average credit rating? Stop worrying about your rating when you come to us. We are far more interested in your security and can approve based on this and your income.

Contact Alternate Finance today to discuss your holiday plans and how we can help you make them happen!


Subscribe to our Blog

Related Posts

Latest Posts