Holiday Loans

Our Commitment to Responsible Lending

There is a reason why our customers keep coming back to Wonder Loans, and that is because we treat our customers the way we would want to be treated. We are a trustworthy and responsible online lending company.

We’re here to help

We don’t want to provide you with a loan that you can’t afford to pay back. What good would that do anyone? There is a reason we ask about your financial information such as your monthly income and monthly expenses; we do not ask because we are nosy. We want to make sure that we actively help you with our easy holiday loans to make your financial life better.

We provide loans with no catches

Many of the larger banks make their money by profiting off the misfortune of others. There are all sorts of additional fees that are mentioned in the fine print. Unlike traditional banks, we make everything crystal clear before we provide you with holiday loans. You do not need your reading glasses with Wonder Loans because we keep everything open and transparent. You do not have to worry about any sneaky hidden fees.

We build Trusting Relationships

We place an emphasis on building a responsible and trusting relationship with our customers. Unlike some other lenders, we don’t encourage you to borrow silly amounts just to gain your custom. We make sure that we come up with an amount that you can comfortably repay.

Your Privacy is Important

Our team at Wonder Loans takes your privacy very seriously. Your privacy matters to us and you can be reassured that your personal information will be kept in the strictest of confidence.

We offer Short Term Solutions not Long Term Problems

We have a no-go roll over policy on our loans. Our company mission and our values go against profiting from extra fees and charges. Wonder Loans is about borrowing a small amount, for a short time with our holiday loans, so you can move on with your life and if you need us again in the future, we will be here to help out.

Responsible Borrowing

Borrowing money shouldn’t be taken lightly. When you’re approved for a loan with Wonder Loans, it becomes a two-way street and you will need to make sure that you keep your end of the deal. Our aim is to welcome you as a lifetime customer and make it as easy for you as possible to get the funds you need for your holiday plans. Wonder Loans always recommends that our borrowers carefully contemplate their decision and only apply for a loan if they are able to pay the loan back in full at the agreed-upon time.

How to Apply for a Holiday Loan

1. Apply Online In Minutes
   Our loan application process is fast, efficient and clear. Use any connected device to apply online.

2. Get Approved & Confirm Your Loan Online
   If you meet our lending criteria, we will notify you via email/SMS to digitally sign your contract online. We verify the assessment information you send us in a very secure manner, without tons of paperwork.

3. Get Your Funds Same Day
   If approved before 5pm, we will deposit funds into your account same day. All approved loans are paid as soon as they are approved.

Apply for a holiday loan today and let us help you plan your next getaway.

Example of a Holiday Loan (Small Amount Credit Contract)

You need a loan of $1,000 for your holiday travel expenses. You apply online and you choose your loan amount and your repayment term. You choose to pay it back in 10 payments of $132 per week.

$132 x 10 Repayments per week = $1,320 Total Amount Repaid

Loan Payment Details

Item	Amount/Details
Adjusted Credit Amount	$1,000.00 (the amount that you receive)
Establishment Fee	$200.00 (set by NCCP at 20% of the loan amount)
Monthly Permitted Fee	$40.00 per month
Amount of Credit of the Loan	$1,240.00
Nominal Percentage Rate (Interest) per annum	0% as defined by NCCP
Comparison Rate	201.9447% as defined by NCCP
Total Amount of Interest Payable	NIL
Total Number of Repayments	10
Repayment Amount	10 repayments of $132.00
Total Amount Repaid	$1,320.00

These examples assume that repayments are made on time as per the original loan contract terms. For more information on our fees see our Costs Page.

Note: NCCP refers to the National Consumer Credit Protection Act 2009, which regulates consumer credit and lending practices in Australia.