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.

Buying a car

A Halifax personal loan could be a great alternative to car finance. Giving you the choice for your next new or used car whether you are considering an electric vehicle or wanting to own your car outright. You can also over pay as much as you want, when you want.

Car loans Buying a car

Debt consolidation

Tidying up your finances with a debt consolidation loan could save you money.

Debt consolidation Debt consolidation

Home improvements

New kitchen, an extension, or turning that attic into a study? Loans from £1,000 to £50,000 with fixed repayments to suit your budget could help you get your next project off the ground.

Home improvement loans Home improvement loans

Getting married

If you’re planning your big day then a personal loan could help take the stress out of budgeting. Help pay for things such as the venue, catering, photographer or wedding dress.

Wedding loans Wedding loans

Going on holiday

Help pay for that well-earned break with a Halifax personal loan. Cover the costs of flights, hotels, and entertainment without having to pay for everything up front.

Holiday loans Holiday loans

Energy efficient improvements

If you're ready to make energy-saving improvements to your home, you might be thinking about borrowing a little extra to pay for them.

Energy efficient improvements Energy efficient improvements

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.