If you are coming to the end of your mortgage, credit card or loan payment holiday, we will contact you before it ends, there is no need to call us. You can use our coronavirus support tool to find the right solution for your needs and confirm what you would like to do in a few simple steps.

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.

Find out how we can help

Can I apply?

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

Why choose Halifax?

Take a repayment holiday, if you need a break –

Subject to approval, you can ask for up to two repayment holidays a year. 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 –

If you find you have a little cash spare from time to time, we won’t charge you for paying more than the agreed monthly amount.

No paperwork, no fuss –

It’s quick and easy to apply online, with no paper forms to complete or 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

  • A personal loan is an arrangement to borrow money over a fixed term. The term is agreed for you to pay the loan back in fixed monthly amounts, at a fixed rate of interest. At Halifax we offer personal loan repayment terms of between one and seven years. We work out the terms of the loan agreement based on a number of factors, such as the amount you ask to borrow and your monthly income and outgoings.

    View an example of our Personal Loan agreement (PDF 212kb) for Halifax current account customers. 

    View an example of our Personal Loan agreement (PDF 208kb) for customers without a Halifax current account.

  • With a secured loan, the lender will ask for something such as your home as security, in case you can't pay the loan back. Personal loans are unsecured, so you're not asked to provide anything 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.

  • There are many ways you can use a personal loan, however there are exceptions (please see below for a list of these).

    We find that most customers borrow for things like home improvements, such as a new bathroom or kitchen, or a new car. You might need some extra cash to cover an unexpected emergency, like a broken boiler. You could even make your dream holiday a reality.

    In some cases a personal loan can also be a good idea if you're looking to consolidate your existing debts into one easy-to-manage monthly payment.


    We will not lend for:

    • speculative purchases, for example: 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 help support someone else. For example, you can't borrow to give a family member a property deposit.

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.