Now You Can Travel and Cruise the World with a Secured Vacation Loan

As the old saying goes: “The only thing bad about a holiday is it is followed by a non-holiday.”

Your annual vacation is likely to be one of the highlights of your year. Recent research from a UK holiday company found that the average Brit spends over £350,000 on holidays over the course of their lifetime. The average holiday spend including the vacation itself and all food, drink and spending comes in at a cool £2,981.41.

Treating yourself to the holiday of a lifetime is a huge pleasure. Whether it’s for your honeymoon, birthday or wedding anniversary, a round the world cruise or trip to a far corner of the globe is on many people’s wish list. However, funding such a vacation can be tough. That’s why a secured vacation loan could well be the answer.

How Does a Secured Vacation Loan Work?

A homeowner loan is a personal loan secured on your property. Similar to a mortgage, you borrow a sum of money based on the equity in your home and pay back this sum on a monthly basis over a term of your choosing.

The amount of the loan and the interest rate is typically determined by:

• The amount of equity that you have in your property
• The amount that you wish to borrow
• Your income and outgoings
• Your credit rating

Secured homeowner loans allow you to borrow against the value of your property. You can then use these funds for most purposes, including using the money for the holiday of a lifetime.

Finance Your Honeymoon or Cruise with a Secured Vacation Loan

For many people, their honeymoon is the opportunity to go on a long, luxurious vacation. However, the cost of honeymoons has risen over recent years. In 2008, a Daily Mail survey found that a honeymoon is the second highest cost that couples incur in their wedding. The average cost of a honeymoon has reached £3,220 as newlyweds travel to ever more exotic destinations on their post-wedding vacation.

A honeymoon can be a significant additional expense on an already costly wedding. So, why not consider using a secured vacation loan to fund the cost of your travel? A secured vacation loan allows you to use the equity in your home to pay for this dream vacation. You can enjoy a memorable holiday or cruise with your spouse by making just one affordable, monthly loan repayment.

A Secured Vacation Loan Is Perfect if You Are Self-Employed or Have Poor Credit

In a difficult financial climate, lenders are ever increasingly choosy about who they lend to. The underwriting criteria for loans is ever stricter, meaning many self-employed people and those with less than perfect credit can often be knocked back for a loan.

A secured vacation loan could therefore be the answer. If you are one of the UK’s four million self-employed or you have experienced credit problems in the past, there are still lenders who will consider your loan application. Many companies offer adverse credit secured loans which help you borrow the cash for your dream vacation whilst helping you rebuild your credit rating.

A secured vacation loan can also be arranged on a ‘self certification’ basis meaning you do not have to prove your self-employed income to be agreed for the loan.

Whatever your circumstances, a secured vacation loan can help you raise the money, wherever you want to travel to. Whether you are heading to Malta or the Maldives, you can enjoy the vacation of a lifetime.

To use your home to raise money at a competitive APR, please fill this homeowner loan form.