Fancy a break? Holidaying in the UK or going abroad, a family holiday or a short break, create magic moments this year and Save as you Borrow with a Holiday Loan from FAIRshare!
With fair, manageable repayments and no surprises, a choice of repayment options to suit you budget and Save as you Borrow, our new Holiday Loan helps spread the cost of your holiday and save for next year at the same time. And, if affordable, your Holiday Loan can run alongside most of our other loans (Terms & Conditions apply).
If you already have a Handi-Loan or Handi-Loan Plus you are unfortunately NOT eligible for the Holiday Loan.
Apply online now for a quick decision. Processing time will vary depending on demand, but we aim to have made a decision within 24 hours of receiving all supporting paperwork. Funds will not be released until the first Standing Order repayment is received into your FAIRshare account.
If the loan application is successful, non-members will need to join FAIRshare, and we can do this online – we will email a special link to you, for completion including paying your £5 membership fee and £1 initial deposit. You will need a debit or credit card to do this. Funds will not be released until you’ve completed the account opening process and your first Standing Order repayment is received into your FAIRshare account.
The Holiday Loan has convenient fixed repayments, with no surprises, to help you budget easily. Select weekly, fortnightly, 4 weekly or monthly repayment options to suit your budget.
Borrowing £750 over 52 weeks will cost £17.18 a week + £2.07 a week savings – £19.25 including savings. Total amount repayable is £893.51 which includes interest at 42.6% APR (3% per month). Comparable Rate of Interest for true cost of borrowing 19.2%. Total savings £107.64 after 52 weeks.
Borrowing £1850 over 12 months will cost £180.38 a month + £20 a month savings – £200.38 including savings. Total amount repayable is £2164.54 which includes interest at 34.5% APR (2.5% per month). Comparable Rate of Interest for true cost of borrowing 17.1%. Total savings £240 after 12 months.
Try our loan calculator for a guide on your loan repayments.
Your weekly or monthly repayment includes a minimum saving amount – with a £750 holiday loan, for example, after a year you will have repaid the loan AND saved £107 for next year too!