Explore Your Dream Getaway with Paramount Holiday Loan
Finance your holidays with a Paramount holiday loan and make your dream getaway a reality.
What is a holiday loan?
A holiday loan is a personal loan that you can use to finance holidays, spreading the cost through monthly loan repayments.
Taking out a holiday loan
Planning a trip away? You could make your dream getaway a reality with a Paramount holiday loan.
You could get your loan funds on the same day if you apply online, are unconditionally accepted, and sign your loan documents before 5.45 pm Mon – Fri. Sometimes we need to contact you for more information, so it can take a little longer.
If you're thinking about using a loan to fund your holiday, make sure you've considered all your borrowing options.
Holiday loan borrowing terms
This is the length of time you can take a holiday loan over, depending on the amount you're borrowing.
Monthly Payment
£0
Take a break, with a loan repayment holiday
When you apply for a loan, based on your circumstances, we might give you the option to defer your first repayment.
- It's only available at the start of your loan term
- You can defer your first loan repayment for a three-month period
- If this option is available, we'll show the details of your repayment holiday at the quote stage of your application
How do holiday loans work?
Like other personal loans, when you choose a holiday loan, you’ll receive your money in a lump sum to pay for your holiday. You then pay this back over an agreed period of time. You’ll also pay interest on top of the amount you’ve chosen to borrow.
You can also personalize the amount you borrow to cover all costs. For example, if your big summer holiday will cost £10,000, you could opt to borrow a little more to cover the costs of add-ons such as airport transfers or excursions and day trips, which you wouldn’t be able to do with other holiday finance options.
Learn more about our holiday loans
Benefits
- Get a quote with no impact on your credit score
- Money in your account
- You can choose to repay your loan early
Features
- Check if you're likely to be approved
- Find out if a holiday loan is right for you
- Compare your borrowing options
Apply for a holiday loan
Important information: The rate you pay depends on your circumstances and loan amount and may differ from the Representative APR. We will never offer you a rate exceeding 29.9% p.a. (fixed), regardless of loan size. This means you're not guaranteed to get the rate you see in the calculator.
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