It might be difficult to imagine from where you are now, but taking control of your existing borrowing can be simple. By bringing it all together in one place with a Personal Loan it could help you get on track to becoming debt-free as you’ll have:
If you refinance existing debts, you may pay a higher rate of interest or make repayments over a longer term with a debt consolidation loan. This means that you may pay more interest overall.
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.
How much do you still need to pay off from your current borrowing and what interest or charges are you paying?
If you have any current borrowing where you do not pay interest, such as a 0% credit card remember if you move this into a loan you will pay interest. Decide which of your debts you want to bring together and add them up to give you the total you plan to move to a new Personal Loan.
Pop your borrowing total into our Personal Loan calculator and select how long you’d like to repay it over to give you an idea of what your monthly repayments could be.
It’s easy to apply to get on the right track with your borrowing today. The decision whether to offer you a loan, the amount we’ll lend you and the interest rate will all be based on an assessment of your individual circumstances. 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. Check out how it works for existing and new customers:
It’s quick and easy to get started today. Tap ‘Apply Now’ to log-in and apply through the loans calculator.
Alternatively you can call us on 0345 604 7292 (Lines open 8am–10pm, 7 days a week) or visit your local branch. We’re here to help and give you guidance on debt consolidation and getting debt-free faster.
Apply to get on the right track with your borrowing today. Tap ‘Apply Now’ to apply online.
If you already have a Halifax credit card, mortgage or existing loan, you can also apply by calling us on 0330 123 0678 (Lines open 8am–10pm, 7 days a week).