You can apply for a loan if

  • you’re aged 18 or over and live in the UK (excluding the Channel Islands and the Isle of Man)
  • you’re in paid employment or have a regular income
  • you’re not a full–time student
  • you haven’t had a request for credit declined in the past month
  • you don’t have a history of bad credit, such as bankruptcy or CCJs
  • you are not applying for any of these reasonsWe will not lend for: Speculative purchases - for example, gambling, Investments and share purchases, any Illegal purposes, Business related purposes, Purchase or lease of land or property - either full or part purchase (including deposit) and Timeshares or holiday clubs

Lending and rate are subject to our assessment of your circumstances.


Learn more about loan eligibility.

Why choose Halifax?

  • 3.5% APR Representative on loans between £7,500 and £25,000 over 1 to 5 years.
    Other loan amounts and terms are available at different rates.
  • Take a repayment holiday
    You can ask for up to two repayment holidays a year, subject to approval. Interest will still be charged for the months that you don’t make any payments, so you'll pay more interest overall and your original term will be extended.
  • No charge for making extra payments
    We won’t charge you for paying more than the agreed monthly amount, if you find you have some spare cash.
  • It's quick and easy to apply online, with no paper forms to sign.
  • A bank you can trust
    We’ve been taking care of our customers for over 160 years, so you know you’re in safe hands.

Apply for a Personal Loan

It’s quick and easy to apply for a loan, even if you don’t bank with us.

I bank with Halifax I don't bank with Halifax

Representative example

You could borrow £10,000 over 48 months with 48 monthly repayments of £223.32. Total amount repayable will be £10,719.36. Representative 3.5% APR, Annual interest rate (fixed) 3.45%.

This representative APR applies to loans of £7,500 to £25,000 over 1 to 5 years. Other terms and loan amounts are available at different rates. If you qualify for a loan we’ll tell you the rate that applies when you get your personalised quote. The maximum APR you could be offered is 29.9% APR.

Coronavirus (COVID-19) support

We’re with you during this crisis. If your income has been affected by coronavirus, we’re here to support you.

  • A personal loan is an amount of money you borrow over a set period of time. You pay the loan back in fixed monthly payments, with a fixed interest rate. At Halifax you can take out a loan over between one and seven years. We work out the details of your loan, such as the interest, based on several factors. These include the amount you ask to borrow and your monthly income and outgoings. 

  • You can use a personal loan for all sorts of things. For example, you could use it to buy a car, make home improvements or consolidate other debts. It can be for just about anything, but there are some restrictions. We can’t lend you money for:

    • Speculative purchases, e.g. gambling, investments and share purchases
    • Any illegal purposes
    • Business related purposes
    • Purchase/Lease of land or property, either full or part purchase (including deposit)
    • Timeshares/Holiday Clubs

    These limits apply whether you want to borrow money for yourself or to support someone else. For example, you can't borrow to give a family member a house deposit.

  • Yes, all of our personal loans are unsecured. This means we don’t ask for anything, such as your home, as security. Rates for unsecured personal loans are worked out on the amount of the loan, the length of the loan, and credit scores.

  • APR stands for annual percentage rate. You'll see it as a percentage.

    It’s not just about the interest you’ll pay. APR factors in both interest and any fees that are automatically charged to your account. This gives you a good idea of the overall cost and is useful if you’re comparing loans or credit cards.

    Representative example

    You could borrow £10,000 over 48 months with 48 monthly repayments of £223.32. Total amount repayable will be £10,719.36. Representative 3.5% APR, Annual interest rate (fixed) 3.45%.

    This representative APR applies to loans of £7,500 to £25,000 over 1 to 5 years. Other terms and loan amounts are available at different rates. If you qualify for a loan we’ll tell you the rate that applies when you get your personalised quote. The maximum APR you could be offered is 29.9% APR.

  • When you apply for a loan, we’ll tell you how much your repayments will be. This is a fixed amount that you will pay back each month until the loan is paid off. It also includes any interest charged. We’ll start taking the payments by Direct Debt the month after you apply – you can choose a date that suits you and change it if you need to.

    You can make extra payments with no charge if you want to. However, if you pay the loan off early, we may charge you up to 58 days’ interest.

    If you miss a repayment, you will be charged £25. If you continue to miss repayments, you may be charged further.

  • If you have a Halifax bank account

    If you’re approved, you could have the money in your Halifax account in minutes.

    If you don’t have a Halifax bank account

    If you’re approved for a loan you should have the money in your account within 24 hours. Sometimes it may take a bit longer - but no more than 5 working days.

  • Taking out a personal loan is a commitment, so it’s important to make sure it’s right for you. Depending on what you want to borrow money for, other borrowing options might be more suitable, such as a credit card or overdraft. It’s important to work out the full cost of each option by looking at any interest and fees that will be charged.

    Learn more about the different borrowing options available.

Making sure you get a fair deal

We want you to find a product that's right for your circumstances, which is why we adhere to the Standards of Lending Practice, which are monitored and enforced by the Lending Standards Board

To find out more you can read the statement of responsibilities, which details what's expected of us, the lender and you the borrower.

Halifax is a division of Bank of Scotland plc. Registered in Scotland No. SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ. Bank of Scotland plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 169628.