A holiday loan is a personal loan designed to cover the extra expenses that come with the holiday season, like gifts, travel, entertaining, and more. It provides funds when you need them most during the festive time of year.

Holiday loans can cover various holiday-related costs: gifts, travel, decorations, or even entertaining loved ones. Remember, it’s still a loan, so use it wisely.

At LSD Prestamo, holiday loan amounts typically range from RM1,000 to RM6,500, allowing you to borrow the funds you need for your specific holiday expenses. We recommend that you only borrow what you can repay. Create a budget and avoid overspending during the holidays.

Repayment terms are usually shorter than traditional personal loans, often ranging from 3 to 12 months. This helps ensure you repay the loan quickly after the holidays.

It’s best to apply at least a month or two before your holiday expenses start to ensure you have funds available when you need them most.

Absolutely! LSD Prestamo allows you to pay more than the minimum or pay your entire balance early without any prepayment penalties.

At LSD Prestamo, we work hard to make sure the cash is in your account as fast as possible. We’ll direct deposit the cash or using online transfer into your bank account within one (1) business day of your loan approval.

Your loan approval is provided within 1 business day of providing the required information (during business hours)*. The decision will arrive promptly – Usually, we send you a text message via WhatsApp.

No, as the funds are transferred directly into your account you will need a bank account to get a holiday loan.

As a responsible lender, LSD Prestamo does not offer no credit check loans. But because we service both people with bad credit and people with no credit history, this won’t impact most people’s chances of approval.