Can I apply for a holiday loan with no credit check?
In Australia, it's uncommon to find legitimate lenders offering holiday loans with no credit check.
Australian lenders are required by law to conduct thorough assessments of a borrower’s financial situation, including their credit history, to ensure they can afford to repay the loan without undue financial hardship.
Lenders use credit checks to assess the risk of lending to an individual. This helps them determine the interest rate, loan amount, and terms that are appropriate based on the borrower's creditworthiness.
Who provides travel loans with poor score?
It can be challenging, as most lenders prioritize responsible lending practices, which include assessing borrowers' creditworthiness. However, there are some options you can explore if you have a poor credit score and are looking to finance a holiday.
Some non-bank lenders specialize in offering personal loans to individuals with less-than-perfect credit histories. These lenders may consider other factors alongside your credit score when assessing your application.
If you own assets such as a vehicle or property, you may qualify for a secured loan where the asset acts as collateral. Secured loans generally have lower interest rates compared to unsecured loans and may be more accessible despite a poor credit score.
Credit unions and mutual banks often have more flexible lending criteria compared to traditional banks. They may consider factors beyond just your credit score and offer personal loans that could be used for holiday expenses.
As an alternative, you can also take out a personal loan. Your possible expenses:
Personal loan calculations for 1 year (example)
| Amount, $ | Rate, % | Accrued %, $ |
| 5,000 | 8.55% | 232 |
| 5,000 | 15.55% | 421 |
| 5,000 | 22.55% | 611 |
| 10,000 | 9.05% | 490 |
| 10,000 | 15.05% | 815 |
| 10,000 | 23.05% | 1,249 |
| 15,000 | 9.55% | 776 |
| 15,000 | 16.55% | 1,345 |
| 15,000 | 22.35% | 1,816 |
| 20,000 | 10.05% | 1,089 |
| 20,000 | 17.05% | 1,847 |
| 20,000 | 24.05% | 2,605 |
You can also get more detailed calculations by using our financial calculators.
Can I find interest free travel loans in Australia?
Interest-free travel loans specifically tailored for holidays are not common in Australia. Typically, loans for travel or holidays are offered as personal loans, which accrue interest based on the loan amount and repayment terms. However, here are a few alternatives, like:
- Personal Loans with Low Interest Rates
- Credit Cards with Interest-Free Periods
- Travel-Specific Financing Plans
- Personal Savings or Budgeting
- Loyalty Programs or Travel Rewards
See the similar FAQ about Australian banks:
- CBA margin loan
- Commbank novated lease
- Commonwealth Bank solar rebate
- Drive online from Westpac Bank
- NAB business markets loans
Details of companies offering the financial services:
ANZ Bank
Head office’s address: 833 Collins Street
Contact center: 13-13-14
Phone: 61-3-9683-9999
Mail address: 833 Collins Street Docklands, Melbourne
Web-site: http://www.anz.com
Swift code: ANZBAU3M
Financial institution code: ANZ
Stock code: ANZ
ABN: 11 005 357 522
BSB: 015-891
Bendigo and Adelaide Bank
Head office’s address: The Bendigo Centre
Contact center: 1-300-361-911
Phone: 61-2-8023-5417
Mail address: The Bendigo Centre PO Box 480 Bendigo Vic 3552
Web-site: http://www.bendigobank.com.au/
Swift code: BENDAU3B
Stock code: BEN
ABN: 11 068 049 178
BSB: 633-300
Bendigo and Adelaide Bank
Head office’s address: The Bendigo Centre
Contact center: 1-300-361-911
Phone: 61-2-8023-5417
Mail address: The Bendigo Centre PO Box 480 Bendigo Vic 3552
Web-site: http://www.bendigobank.com.au/
Swift code: BENDAU3B
Stock code: BEN
ABN: 11 068 049 178
BSB: 633-300
Beyond Bank Australia
Head office’s address: 100 Waymouth St
Contact center: 13-25-85
Phone: 61-8-8205-8888
Mail address: GPO Box 1430 Adelaide SA 5001
Web-site: http://www.beyondbank.com.au
Swift code: CUSCAU2S
ABN: 15 087 651 143
BSB: 805022
CarLoans
Head office’s address: Australia
Contact center: 1300-889-669
Web-site: https://www.carloans.com.au/
Cash Converters
Head office’s address: 141 St Georges Tce
Web-site: https://www.cashconverters.com.au/
Cash Converters
Head office’s address: 141 St Georges Tce
Web-site: https://www.cashconverters.com.au/
Cash Train
Contact center: 1300-034-626, 1300-733-009
Web-site: https://www.cashtrain.com.au/loan-types/payday-loans
Champion Loans
Head office’s address: 65 Aerodrome Rd
Contact center: 07-54-52-7400
Web-site: https://www.championloans.com.au/
City Finance
Web-site: https://cityfinance.com.au/
CommBank
Head office’s address: 201 Sussex Street
Contact center: 13-22-21
Phone: 61-2-8055-4001
Mail address: Level 10, Tower One, Darling Park, 201 Sussex Street
Web-site: https://www.commbank.com.au/
Swift code: CTBAAU2S
Stock code: CBA
ABN: 48 123 123 124
Finance One
Head office’s address: 49 Dalrymple Road
Contact center: 611800346663
Web-site: https://financeone.com.au/
Fox Finance Group
Head office’s address: The Corporate Centre, 13
Web-site: https://www.foxfinancegroup.com.au/
Gateway Bank
Head office’s address: 68 York St
Contact center: 1300 302 474
Phone: +61 2 9307 4200
Mail address: GPO BOX 3176 SYDNEY NSW 2001
Web-site: https://www.gatewaybank.com.au/
Swift code: ASLLAU2CGTW
ABN: 47 087 650 093
BSB: 676-000
Greater Bank
Head office’s address: 103 Tudor Street
Contact center: 13 13 86
Phone: +612 4921 9111
Mail address: Greater Bank PO Box 173, Hamilton NSW 2303
Web-site: https://www.greater.com.au/
Swift code: ASLLAU2CGBS
ABN: 88 087 651 956
BSB: 637 000
Great Southern Bank (former CUA)
Head office’s address: Brisbane
Phone: 1300-705-750
Web-site: https://www.greatsouthernbank.com.au/
BSB: 814-282
HSBC Bank
Head office’s address: 00 Barangaroo Ave
Contact center: 1-300-555-727
Phone: 1-3-4313-7690
Mail address: Level 36 Tower 1 International Towers Sydney 100 Barangaroo Ave, Sydney, New South Wales, 2000
Web-site: http://www.hsbc.com.au
Financial institution code: HBA
ABN: 48 006 434 162
ING Bank
Head office’s address: 60 Margaret St
Contact center: 61-2-9028-4077
Mail address: 60 Margaret St, Sydney NSW 2000
Web-site: http://www.ingdirect.com.au/
Swift code: INGBAU2S
Financial institution code: ING
ABN: 24 000 893 292
BSB: 923-100
Latitude Financial Services
Head office’s address: 130 Lonsdale St
Contact center: 1-800-005-809
Phone: 61-287-478-178
Mail address: Level 18, 130 Lonsdale St, Melbourne, VIC 3000
Web-site: https://www.latitudefinancial.com.au/
Swift code: LATFAU3M
Financial institution code: LATF
Stock code: LFS
money3
Head office’s address: Australia
Contact center: 1300-014-870
Web-site: https://www.money3.com.au/personal-loans/any-credit-considered.php
MONEYME
Head office’s address: 3/131 Macquarie St
Contact center: +61 1300-669-059
Web-site: https://www.moneyme.com.au
Nimble
Head office’s address: 12-14 Marine Pde
Phone: 133-156
Web-site: https://nimble.com.au/
NOW Finance
Head office’s address: Australia
Contact center: 1300-275-669
Web-site: https://nowfinance.com.au
OurMoneyMarket (OMM)
Head office’s address: 104 Frome St
Contact center: 1300-990-115
Web-site: https://ourmoneymarket.com/
Plenti
Head office’s address: 14 Martin Pl
Contact center: +61-1300-768-710
Web-site: https://www.plenti.com.au/
Quickle
Contact center: (07) 5644-3555
Web-site: https://quickle.com.au/personal-loans/payday-loans/
Savvy
Head office’s address: 4 Clarke Street
Contact center: 1300-974-066
Mail address: Sydney, Suite 206, 4 Clarke Street,Crows Nest, NSW 2065
Web-site: https://www.savvy.com.au
SocietyOne
Head office’s address: Australia
Contact center: 1300-395-833
Mail address: [email protected]
Web-site: https://societyone.com.au/
Spotter
Head office’s address: Australia
Contact center: 1800-776-863
Web-site: https://spotterloans.com.au/bad-credit-loan/?cmp=adw_loantype&gclid=EAIaIQobChMI-oP16v-Z_wIVTQSLCh0vQQwgEAAYAyAAEgL39_D_BwE
St. George Bank
Head office’s address: 275 Kent Street
Contact center: 13-33-30
Phone: 61-2-9553-5333
Mail address: St.George Bank Locked Bag 1 Kogarah NSW 1485
Web-site: http://www.stgeorge.com.au/
Swift code: SGBLAU2S
Financial institution code: STG
Stock code: SGB
ABN: 33 007 457 141
BSB: 112-908
Swoosh Finance
Head office’s address: 7 Murrajong Rd
Web-site: https://www.swoosh.com.au/
Westpac Bank
Head office’s address: 275 Kent Street
Contact center: 13-20-32
Phone: 61-2-9155-7700
Mail address: 275 Kent Street, Sydney, NSW
Web-site: https://www.westpac.com.au/
Swift code: WPACAU2S
Financial institution code: WBC
Stock code: WBC
ABN: 33 007 457 141
BSB: 032-063