Get started with a Personal Loan from the Halifax

Whether you're tidying up your finances, making home improvements or need money in an emergency for that broken boiler, our Personal Loan could be the answer.

You can apply if:

  • you're aged 18 or over
  • you're not in full time education
  • you're a UK resident (excluding the Channel Islands and the Isle of Man)
  • you’re in paid employment or have a regular income.
  • you've not been declined for credit in the last month or have a history of bad credit
  • you’re a new or existing Halifax customer. You are able to apply for a Halifax loan even if you don’t bank with us.

What you need to know.

  • No charge if you make additional payments
  • If you make an early settlement we will charge you up to 58 days’ interest
  • Make fixed monthly repayments by direct debit until your loan is repaid
  • You can manage your Personal Loan online, in branch or by phone
  • You have the option to apply for up to two repayment holidays a year, subject to approval
  • Repayment holidays are available if you meet certain conditions. Interest will be charged if you take a repayment holiday, so you'll pay more interest overall and your original term will be extended.

Personal Loan calculator

Our Personal Loan calculator will help you gain a better understanding of how much you could borrow and how much your repayments might be. Whilst this calculator will give an indication of monthly payments and APR, you can find out your personalised rate by applying. If you hold a Halifax current account, in most cases we’ll tell you how much you can borrow and if you’re likely to be approved when you get your quote. This won’t affect your credit score.

The rate you're offered may differ from the illustrative APR shown – and will be based on your personal circumstances, the loan amount and the repayment term.

Remember that to be eligible for an Personal Loan greater than £25,000, you must have held a Halifax current account for at least 1 month.

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. The maximum APR you could be offered is 29.9% APR.

 

The representative APR is the rate that at least 51% of people are expected to receive when taking out a loan within the stated amount and term range.

£
Lower amount
28.9%
19.9%
9.9%
3.5%
5.8%
6.8%

Loan amount illustrative APR

Higher amount
months
Less months
1yr
2yr
3yr
4yr
5yr
More months

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. The maximum APR you could be offered is 29.9% APR.

 

The representative APR is the rate that at least 51% of people are expected to receive when taking out a loan within the stated amount and term range.

Monthly Repayments

£0.0

Total repayable

£0.0

Illustrative

0%
APR

Apply for a Personal Loan

Applying for our Personal Loan is easy and you could get a decision in minutes.

  • 1 to 7 years available when you apply
  • Fixed monthly repayments
  • No charge for additional payments
  • Quick, easy and secure.

Apply now

If you hold a Halifax current account, in most cases we’ll tell you how much you can borrow and if you’re likely to be approved when you get your quote. This won’t affect your credit score.

Apply now

You can apply below by selecting the correct option based on whether or not you have a Halifax current account.

I have a Halifax Current Account

  • You can apply for up to £50,000
  • It takes about 1 minute to get your quote in Online Banking
  • Get your quote with no credit searches
  • If you’re approved, you could have the money in your Halifax current account in minutes.

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

Continue to application

I don’t have a Halifax Current Account

  • You can apply for up to £25,000
  • It takes about 10 minutes to apply online and get a decision
  • If you’re approved, you should have the money in your chosen account within 5 working days.

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

Continue to application

If our Personal Loan isn't right for you consider our other borrowing options.

Other ways to apply

In branch

Your local branch will be happy to help you apply for our Personal Loan. We'll usually be able to give you an answer and transfer the money into your account the same day.

Find your nearest branch

Over the phone

If you hold a Halifax Current Account, call us on 0345 604 7292.

If you have a credit card, mortgage or existing loan with us, call us on 0330 123 0678.

Lines are open 8am–10pm seven days a week.

Looking to apply for a joint loan?

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.

Download the statement of responsibilities (PDF).

Loans are provided by Halifax. Halifax is a division of Bank of Scotland plc. Registered in Scotland No. SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ.