What can a personal loan be used for?

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, a Halifax loan could help you.

Other reasons to borrow

These are only some of the reasons to borrow from us. You can borrow for a wide range of reasons from weddings to buying a boat – a loan from the Halifax could help you. However, there are a small number of reasons we cannot offer a loan for.

What can’t you get a loan for?

While you can use a Halifax personal loan to pay for most borrowing needs, there are some things you can’t get a loan for. These include:

Speculative purchases, e.g. gambling, investments and share purchases
Any illegal activity or purchases
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 take out a loan and give it to someone as a deposit for a house.

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.