A leisure loan is intended to be used for all kinds of leisure activities. This may include a loan for a bicycle, a valuation computer or a musical instrument. The amounts for leisure loans are from 2000 to USD 15,000. First-time lenders are offered to borrow a maximum of USD 5000. The money is paid out immediately.

Optimize your free time with a new gadget and apply for a free loan from Hold-On Finance today!

 

How do I apply for a leisure loan?

To apply for a recreational loan, you must first meet our criteria. The criteria are:

• You must be at least 18 years of age
• You must have a Swedish social security number, mobile phone number, and account number
• You must have an email address

If you meet our criteria, there is nothing to stop you from applying for a leisure loan. Here’s how:

As a new customer, you must first register. Former customers can apply directly from the profile page.

When you create your profile for the first time, you must be able to prove that you are you. There are two ways to identify yourself. Either with BankID and Instantor, or with a manual process.

After identifying yourself, we will ask for your approval to do a credit check. Credit control is mandatory and gives us the information we need to decide on your application for a leisure loan.

Sometimes the applicant’s finances do not meet the requirements for the amount applied for. Then we can completely deny the applicant a leisure loan, but we can also offer a loan at a lower amount.

With all the information collected, we start immediately with your application for a mortgage loan. You do not have to wait long before you get a message from us saying whether you can borrow or not.

With a loan proposal from us in front of you on the screen, you just need to click “accept” to confirm the loan. The money for your leisure loan is paid out directly, regardless of day or time of day. It is exceptionally smooth.

 

What can I use for a leisure loan?

Hold-On Finance offers leisure loans of amounts between USD 2000 – 15,000. This means that you can take a moped loan of USD 15,000 or borrow for a cheaper video game such as Nintendo Switch.

A leisure loan helps the borrower to be able to start his leisure activity right away. Here is an example of when a leisure loan comes in handy:

Mila has burnt his last slant on a new and delicious leather jacket. A few days later, there will be a sale on a pair of cross-country skis that Mila has long been using. The next paycheck is two weeks away and by that time the skis may be gone. Dare she wait?

Instead of risking being left without cross-country skiing, Mila turns to Hold-On Finance and applies for a 4k leisure loan. presents new tempting offers.

She also knows that she can afford to repay the leisure loan as soon as the salary arrives. Mila is granted the free loan from Hold-On Finance and can buy the cross country skis. When she receives her salary, she immediately pays back her debt and feels satisfied having received a pair of cross-country skis at a wreck. She also noted that it was smart not to wait. The cross-country skis were sold out long before her pay came. Well that ends well.

 

Can I take a leisure loan and use the money for something completely different?

The answer to that question is yes. You can take out a leisure loan and use the money to buy, for example, something job-related. As a lender, Hold-On Finance doesn’t care what to spend your money on. You can use the leisure loan as a bicycle loan or as a renovation loan. The only thing that is interesting to us is if you can repay the loan. We don’t even ask what you intend to do with the money you borrow from us. Smooth huh ?!

 

Responsible lender

For both you and us, we want to make sure that you can pay back your leisure loan. We do not want you to end up in a financially difficult situation. Therefore, we sometimes deny loan applications, or suggest a lower amount.

 

Repayment of recreational loans

You pay back your leisure loan easily on your profile page. On the profile page you also get a good overview of past payments and future invoices if you have them.

When you apply for a recreational loan, you decide when the loan should be repaid. Hold-On Finance offers short-term loans and you can choose to repay after a minimum of 7 and a maximum of 30 days.

If I cannot repay on an agreed date?

We know that unexpected events can occur. Events that prevent you from repaying the entire leisure loan on an agreed date. At such times, you can postpone the repayment period. If you do, you will instead pay a minimum amount first and then the full amount.