Holiday Loans
Real life loans for real people
A wide-awake look at your dream holiday
Australians love to travel – we spend more on it than most countries in the world. Yet around 44% of working Australians have more than 3 weeks leave owing1. That’s a lot of holiday time.
When we do take a break, our top 3 overseas destinations are NZ, Indonesia and the USA2. But we don’t all fly offshore. Plenty of us like to take a break right at home. Whether it’s an interstate holiday, sitting on a sunny beach, exploring the Big Red Centre or an amble through some of the best vineyards anywhere, we love our country.
Sun, surf, snow, flying, climbing or cruising, we all have that dream holiday we want to take. Ready for yours? Pepper Money can help make it a reality
Here's where Pepper Money can help
With zero establishment fees and zero monthly fees.
Apply online from any device, from start to finish in 15-20 minutes.
Interest rates from 9.99% p.a. to 27.99% p.a.* (9.99% to 27.99% p.a. comparison rates**) based on your circumstances
Calculate your indicative interest rate and repayments
Which rate is best for my holiday?
| Interest Rate Type | Variable | Fixed |
| Interest Rate | Interest rates from 9.99% p.a.* (9.99% p.a. comparison rates**) | |
| Easy online application | Yes | |
| Loan Terms | 1 - 7 years | |
| Loan Amount | $5,000 - $50,000 | |
| Funds paid into your account | Next business day following approval | |
| Account statements | 6 monthly | |
| Flexible Repayments | Weekly / Fortnightly / Monthly | |
| Repayment Facilities | BPAY / Direct Debit / Direct Credit | |
| Monthly account keeping fees | $0 | |
| Break fee - if early repayments exceed an amount equal to three months' repayments or more | N/A | $150 |
| Early repayment fee - if you repay your loan in full prior to the end of the term | N/A | $300 |
Popular questions
With a Pepper Money unsecured holiday loan you can borrow up to $50,000 to go on that next trip.
We’ll pay funds into your nominated account on the next business day following approval. That means you’ll have the flexibility to pay for your trip any way you want.
We’ll pay funds into your nominated account on the next business day following approval. That means you’ll have the flexibility to pay your debts any way you want.
Pepper Money does consider applications that have defaults providing they pass our credit score and application lending criteria.
A credit score is generally provided by a credit reporting body and used to represent the creditworthiness of an applicant. Pepper will use credit scores to partly determine if you qualify for a loan, at what interest rate, and what credit limits. Many factors can impact your credit score including number of enquires, adverse credit listings and personal information held on your credit file.
For the full FAQs click here.
Start your journey
Ready to pack your bags and go exporing?
*Interest rates range from a minimum of 9.99% to a maximum of 27.99% p.a. Rates are correct as at 5 April 2019 and subject to change at any time. The actual interest rate applicable will depend on the individual borrower’s circumstances. Indicative interest rates provided are calculated based selected credit situation, loan purpose, amount and term, type of interest and payment frequency. All applications are subject to Pepper’s normal credit assessment and loan suitability criteria. Terms, conditions, fees and charges apply.
** All Comparison Rates are calculated based on an unsecured loan of $30,000 over a 5 year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Sources:
1 http://www.roymorgan.com/findings/6974-holidays-waiting-to-happen-australian-workers-134million-days-annual-leave-201609200934
2 https://www.finder.com.au/top-10-travel-destinations-for-australians
Help at hand
For more answers to your questions visit our Help Centre.