Personal loans from £1,000 to £25,000
If you're an existing Halifax customer and need a flexible way to borrow money, then a personal loan could be the answer.
Our Repayment Promise lets you see the most you'll pay each month when borrowing over 5 years on a range of loans.
- 6.8% APR available on loans from £6,000 to £15,000
- Overpay as much as you want, when you want
- Fixed loan repayments over 1 to 7 years
- Quick, easy and secure application
- Instant money for most current account customers registered for Online Banking.
Don't have a current account or looking for a joint loan? Apply now.
Make the most of your money
A Halifax Personal Loan can be a great way of putting your plans into action and you can soon get things moving with a quick decision on your application.
So whatever you're looking to do, whether you're making a start on tidying up your finances, buying a new car, planning that dream wedding, or making some home improvements, we're sure a Halifax loan could help you.
We're now helping you plan better with our Repayment Promise for a range of personal loans.
Repayment Promise
Whatever your plans, a Halifax loan could help you make them happen. For a range of popular loan amounts, we are now guaranteeing the maximum amount you'll pay each month when borrowing over five years. We're the only bank to guarantee maximum monthly repayments - get your quote today to find out how much less you'll pay.
We are guaranteeing the maximum monthly repayments for the following amounts and terms:
| Borrow over 5 years... | And pay each month |
|---|---|
| £3,000 | £89 |
| £6,000 | £159 |
| £7,500 | £199 |
| £10,000 | £259 |
| £12,000 | £299 |
| £15,000 | £389 |
Ready to apply for your loan?
Don't have a current account or looking for a joint loan? Apply now.
This offer includes refinancing an existing loan and excludes buy now, pay later loans.
Important information
| Key information for our Halifax Unsecured Personal Loan | |||||
| Interest charging information | The interest rate is fixed and guaranteed for the life of the loan. | ||||
| Repayment information | Payment is by direct debit. The payments are monthly until the loan is repaid. | ||||
| Repayment period | You can choose to repay your loan over 1 to 7 years. | ||||
| Amount of loan available | Loans are available to existing customers from £1,000 to £25,000. | ||||
| Arrangement fee | There is no arrangement fee. | ||||
| Default fees | We may charge you for our other losses or reasonable costs as a result of you breaking the agreement, including the costs of finding, notifying or contacting you and enforcing the agreement. | ||||
| Early settlement |
You can repay your loan in full or part at any time during the repayment period and we'll reduce the charge for credit you've agreed to pay us. When we work out the amount needed to repay your existing loan, we’ll include up to 58 days interest for closing it early. |
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Ready to apply for your loan?
Don't have a current account or looking for a joint loan? Apply now.
All loans are subject to regulations and conditions. The legal information relating to these regulations and conditions can be viewed from here. We advise you to read this information fully before applying for a loan. Loans are provided by Halifax. Halifax is a division of Bank of Scotland plc. Registered in Scotland number SC327000. Registered Office: The Mound, Edinburgh, EH1 1YZ.
Written quotations are available on request. All lending is subject to appraisal by the Bank of the applicant's financial status. To apply, you must be at least 18 years old and a UK resident (excluding the Channel Islands and the Isle of Man). APR details are correct at time of publication. Certain purposes of loan may be excluded or have limited repayment periods; please ring 08458 50 37 08 for details.
We charge interest for the complete duration of the loan including the period between the start of your loan and your first monthly repayment. If you are in breach of your Halifax loan agreement we may take any money you owe us from any other accounts you have with us which have a credit balance, including a joint account providing the conditions allow and there are sufficient funds.
Products and offers are subject to conditions and can be withdrawn without notice. The rate you are offered will depend on credit assessment procedures, your personal circumstances and other related factors.
Other information
Alternative products may be available by visiting our branches or by telephone. You may now make calls using a textphone on 0800 096 0374.
Information is available in large print, audio and Braille on request. Please call for details.
If you apply by any other method, the rate and other details of the loans available may differ from those shown.
Telephone calls may be recorded for security purposes and monitored under our quality control procedures.
Lending Criteria
Please make sure you meet the criteria below before you apply for a Halifax Personal Loan:
To apply for a loan you must:
- Be an existing Halifax customer with at least one of the following Halifax accounts - current account (excluding Easycash), mortgage, savings, credit card or loan
- Be over 18 years old
- Be in paid employment
- Not be in full time education
- Have a bank/building society account
- Have a permanent UK address
- Not have been declined for credit in the last month
- Not have a history of bad credit such as arrears, county court judgements (CCJs), default or bankruptcy
You will also need handy:
- Your address details including your post code for the past 3 years. And if this is a joint application your partner's address details, if different
- Your bank/building society details
- Your annual income and monthly outgoings such as rent or mortgage payments
- Your employer's name and address
Ready to apply for your loan?
Don't have a current account or looking for a joint loan? Apply now.
Loans FAQs
How quickly can I get the money?
For most customers who have a Halifax bank account and are registered for Online Banking we can put the money into your account the instant you are approved.
For customers who don't use Online Banking or are applying for an additional loan online, funds can be transferred to a Halifax or Bank of Scotland account within 48 hours from when signed loan documents are received before 2pm. Documents received after 2pm could take up to 72 hours.
For customers that don't have a Halifax or Bank of Scotland bank account, funds can be transferred to another bank account within five days from receipt of signed loan documentation.
How quickly do I get the decision?
In most cases we offer instant decisions, although there may be occasions when we require further information before we can complete your application.
What does “Representative APR” mean?
The Representative Annual Percentage Rate (APR) is the rate that at least 51% of our customers get when applying for a loan on this web site. Actual rates may vary depending on personal circumstances and we'll let you know your personal loan rate during the application process.
Can I repay my loan early?
You can repay any amount off your loan at any time during the repayment period and we'll recalculate your balance and term.
Please note that while we don't charge for partial repayments, if you pay off your loan in full before the end of your term, when we work out the amount needed we may include up to 58 days interest for closing it early.
Ready to apply for your loan?
Don't have a current account or looking for a joint loan? Apply now.
