Christmas is that season of good cheer that we all look forward to year after year. And mind you, it ain’t cheap. Thinking of giving your pals Juicy Couture bracelets, going for a tropical holiday or just staying at home for a home and hearth Xmas; it all needs money. Will you be able to meet all your expenses through your monthly salary, notwithstanding your bonus?

Most probably the answer will be an emphatic “No”. To help you through this festive season, lenders are offering you a carnival of cheap Christmas loans. You can either opt for either a secured or an unsecured loan. While tenants can enjoy the fruits of an unsecured loan, homeowners have the option of going in for secured, as well as unsecured loans.

Many people make the stupid mistake of covering up the festive costs by using credit cards or overdraft facility. But, the rocketing interest rates make their repayment into a huge sum. Christmas loans are a better way to get instant cash to tide away your financial blues. They may be available at interest rates as low as 7.9 percent APR (annual percentage rate). Christmas loans are generally concentrated into fixed payment for every month during the loan term. Low APRs automatically translates into low monthly payments.