Need a little extra cash to book that trip, extend a holiday, or cover last-minute travel costs? A holiday loan from Swoosh makes funding a short getaway simple, with a quick online application and clear, responsible lending.
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What is a holiday loan?
A holiday loan (sometimes called a travel loan) is a type of personal loan you use to pay for travel costs — flights, accommodation, tours, travel insurance, or topping up spending money while you’re away. At Swoosh, we offer an easy online solution designed for Kiwis who want a straightforward way with transparent rates and fees to finance a holiday without a complicated application process.
How much can you get for a holiday loan?
Swoosh offers holiday loans between $2,100 and $5,000. This gives you the flexibility to borrow an amount that suits your travel plans — whether you’re organising a getaway, upgrading parts of your trip, or simply needing a little extra support while you’re away.
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Can you apply for a holiday loan online?
Yes, our loans are 100% online and accessible wherever you are in the world. If you’re already on holiday and need a top-up, applying with Swoosh is quick and simple. Complete the steps below and we’ll get onto your application right away:
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Complete our online loan application in just minutes.
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We review your bad credit loan instantly.
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Electronically sign the contract and the money will be deposited directly into your bank account the same day!*
Our easy repayments will be automatically debited from your account for the next 12 months, meaning you can get on with the important things in life. Just another reason Swoosh is here to help in a pinch.
*For contracts returned at or after 4pm (NZDT), funds will be transferred overnight.
How to get approved for a holiday loan?
Getting approved for a Holiday Loan with Swoosh is simple — we keep things fast, fair, and hassle-free. If you meet our basic eligibility criteria and can comfortably manage repayments, you’re already well on your way.
We look at your current financial situation, not just your credit past, so more Kiwis get a fair shot at funding their getaway. To help your application move even faster, here are a few quick tips:
- Provide clear, accurate details about your income and employment.
- Use your active everyday bank account so we can verify your finances quickly.
- Sign your contract as soon as it arrives (before 4pm NZDT for same-day funding).
- Be upfront about any other commitments — it helps us assess affordability faster.
With a straightforward online process and quick turnaround, getting approved for your holiday loan could be the easiest part of planning your trip.
What credit score do you need for a holiday loan?
Every lender has different criteria. At Swoosh, we focus on your current financial situation and your ability to comfortably manage repayments. This means people who are worried about their past credit history can still be considered as long as they meet our eligibility criteria.
Can I get a holiday loan with bad credit?
Yes. We don’t think past credit problems should automatically rule you out. Swoosh evaluates your present finances and affordability. As long as you meet our simple eligibility criteria, you can apply:
- Be at least 18 years old
- New Zealand permanent resident
- At least 3 months of regular income*
- Own a vehicle registered in your name**
*Minimum of $350 per week
**Vehicle will be used as security for the loan
Check eligibility
Rates and fees
Swoosh Finance is all about simple, easy finance. That’s why we’re upfront about our rates and fees. You know what you are dealing with before you make any decisions.
Interest is calculated daily, based on the outstanding balance, and is applied monthly to your account. Our small bad credit loans have fixed interest rates, so you know exactly how much you’ll be paying for the entire loan term.
If a scheduled payment is returned unpaid, we may issue a $40.00 debit dishonour fee. This fee is not subject to interest, though you’ll continue to pay the usual interest charges as described.
| Loan amount | $2,100 – $5,000 |
| Fees: |
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| Annual Interest | 48% |
| Term length | 12 Months |
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Debit dishonour fee (if a scheduled payment is returned unpaid) | $40 debit dishonour fee may be issued if a scheduled payment is missed or returned unpaid |
| Repayment options | Weekly, fortnightly or monthly (based on your paydays) |
Keep in mind that you may incur additional fees each time you miss a payment. As a result, this may also affect the length of your loan.
Holiday loans FAQs
Yes, a personal loan for a holiday (aka holiday loan or travel loan) is a common option. Make sure you check eligibility and total cost before you borrow.
Every lender has their own process, but borrowing with Swoosh is designed to be fast, easy, and 100% online. Here’s how it works:
- Complete our quick online application
- We review your details right away
- Sign electronically and receive your funds once approved!
It really depends on your destination, trip length, and travel style. For some travellers, $5,000 may cover everything comfortably; for others, it might only cover part of the trip.
The best approach is to research your holiday and put together a simple budget — including flights, accommodation, food, transport, activities, and any spending money — to get a clear idea of what you’ll need. This will help you plan confidently and avoid any unexpected costs along the way.
Taking and repaying a loan responsibly can help your credit profile. Missing repayments or defaulting can harm your score. We encourage borrowers to only take loans they can afford.
If you need funds quickly, Swoosh makes it simple. Our loans are 100% online, so you can apply anywhere, anytime — whether you’re at home, at work, or even travelling.
Our application process is designed to be fast and smooth, helping you get the cash you need as quickly as possible. Once approved, simply sign your contract electronically. If this is done before 4pm NZDT, your funds can be deposited the same day.* Otherwise, they’ll transfer overnight.
*Same-day funding applies to contracts completed and returned before 4pm NZDT. For full terms, fees and lending criteria, please see Swoosh’s lending disclosures and terms and conditions on our website.
