Book it now.
Pay for it after you land.Unsecured travel loans in Perth, arranged across a full panel of lenders.

A travel loan is a type of unsecured personal loan designed to give you access to the funds you need to cover all your travel expenses. From plane tickets and accommodation to other travel-related fees, it is one fixed loan over a fixed term rather than a revolving balance. The word that matters is unsecured: unlike a car or a caravan loan there is no asset behind it, so the lender is assessing you rather than anything you are buying.

Flexible loan amounts mean you can borrow up to $200,000 for your travel needs, though most travel loans we arrange are a long way under that. What you can borrow comes down to your income, your existing commitments and your credit history rather than to the trip itself. Our loan calculator is the quickest way to sanity check a figure before you speak to anybody, and there is a longer answer on how much you could borrow if you want the reasoning behind it.

Unsecured, and it has to be. A secured loan works by the lender registering an interest in something it could sell if the loan went wrong, and a holiday cannot be repossessed. That is why a travel loan is priced differently from a car loan and why the assessment rests entirely on your income and your credit conduct.

Generally you will need to be over 18, an Australian citizen or permanent resident, receiving a regular income you can evidence, and holding an active Australian bank account. Beyond that a lender is weighing your income against your existing commitments. A perfect credit score is not the test, and a thin file is not a decline. Our step-by-step guide to getting a personal loan walks through the whole process if you would rather read it first.

Photo identification, proof of income such as recent payslips or a Centrelink income statement, and around ninety days of bank transaction history. Self-employed applicants may be asked for BAS statements instead of, or as well as, tax returns. It is a short list, and having it ready is the difference between an answer this week and an answer next week.

Often within a day or two of the file being complete, and sometimes the same day. The part that takes time is almost never the lender - it is waiting on a document. If you are working to a final payment date, tell your broker the date at the start rather than at the end.

Getting your rate here will not affect your credit score. One application through us reaches the whole panel, so you avoid the multiple enquiries that come from applying to lenders one by one, and multiple enquiries in a short period are themselves something lenders look at.

Often, yes. Paid or unpaid defaults, a discharged bankruptcy or a thin file narrow the panel and move the rate rather than closing the door. The honest position is that it costs more, and your broker will tell you what it costs before you apply rather than after.

Yes. Some lenders will assess an ABN as young as twelve months on BAS and bank statements rather than on two full years of tax returns. On an unsecured loan the income is read harder than it would be on a secured one, simply because there is nothing else to look at, so clean statements do a great deal of work.

Some lenders count Centrelink and pension income and some will not, and any page telling you it is never a problem is not being straight with you. Where a lender does count it, it is assessed like any other income. Tell your broker what the income is made up of at the start and you will not spend an enquiry finding out.

Flights, accommodation, activities, transport, spending money and an emergency fund. In practice it also covers travel insurance, visas and vaccinations, airport parking and transfers at both ends. If it is part of the trip it can generally be part of the loan, which is the argument for one loan covering the whole thing rather than a loan for the bookings and a card for the rest.

Yes, and it is worth doing. The premium is a small part of the loan and it is the only thing protecting the deposits you have already committed. Buy the policy the day you pay the first deposit rather than the week you fly, because most policies only cover cancellation from the date they are issued.

Nothing changes. The repayments continue exactly as written, because the money was lent to you rather than to the holiday. If the airline fails, a border closes or somebody gets sick, it is the travel insurance that responds and not the loan. This is the single most important thing to understand before you borrow for a trip.

A loan gives you a fixed amount, a fixed term and a date the debt ends, all agreed before you go. A card gives you none of the three, which is how a two week holiday is still being paid for three years later. A card can make sense for the spending on the ground if it is cleared each month. For the flights and the accommodation, a fixed term is doing something a card cannot.

Before you pay the final balance, and ideally before you pay the deposit. The deposit is the moment you commit to the trip, and it is a much better time to find out what you can comfortably borrow than the week the balance falls due. On a cruise, work backwards from the final payment date in the contract.

Yes, and for travel it is the better order to do it in. A pre-approval is a lender's conditional yes on an amount, given before you have chosen a trip. It costs nothing, commits you to nothing, and most hold for somewhere between 30 and 90 days, which is long enough to cover a fare sale you would otherwise have to decide about on the spot.

Yes. On a joint application both incomes are assessed and so are both credit files, which helps where the second file is clean and does not where it is not. If you are both going, it is usually worth at least testing, and worth knowing the answer before the application goes in.

In most cases yes, and paying it out early reduces the interest you pay overall. Whether there is a cost for doing so depends on the lender and on the product, so it is a question worth asking before you sign rather than after, and one your broker will raise with you anyway.

Not necessarily. Plenty of travel loans settle with nothing down. Paying part of the trip from savings lowers what you borrow, shortens the term you need and can widen the number of lenders willing to look at the file, which matters most on a thin credit file or a rebuild. Both versions are worth modelling on the estimator above.