Loans for Debt Consolidation.

Get your borrowing on the right track

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:

  • 3.5% APR representative for loans of £7,500 to £25,000 over 1 to 5 years
  • One fixed monthly payment
  • One firm date for when your borrowing will be paid off
  • One fixed interest rate.

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.

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.

Get started

Halifax Location Finder

1. Check your finances

  • Have a look at your regular outgoings versus what’s coming in. This is key to making your debt easier to manage, as you’ll see what you can afford to pay back each month.
  • Make changes. To start, which direct debits/standing orders do you need? Are you paying for anything you don’t need like a magazine subscription or gym membership?
  • Check all your accounts. Do you have any money you can use to pay off some of your existing borrowing? Interest you pay on a loan is usually higher than interest you earn on savings.

2. Add up your borrowing

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.

Halifax Location Finder

3. Move forward with a 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.

Loan Calculator

Apply to get on the right track

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. Check out how it works for existing and new customers: 


I have a Halifax Current Account

  • You can apply for between £1,000 and £50,000
  • Choose to make your monthly repayments over 1 to 7 years
  • Get your quote with no credit searches
  • It takes about 1 minute to get your personalised quote in Online Banking
  • If you’re approved, you could have the money in your Halifax current account in minutes. You can then pay off your existing debts.

It’s quick and easy to get started today. Tap ‘Apply Now’ to log-in and apply through the loans calculator.

Apply Now

Alternatively you can call us on 0800 068 2377 (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.


I don’t have a Halifax Current Account

  • You can apply for between £1,000 and £25,000
  • Choose to make your monthly repayments over 1 to 7 years.
  • 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. You can then pay off your existing debts.

Apply to get on the right track with your borrowing today. Tap ‘Apply Now’ to apply online.

Apply Now

If you already have a Halifax credit card, mortgage or existing loan, you can also apply by calling us on 0800 056 7268 (Lines open 8am–10pm, 7 days a week).


Lending and rate are subject to status. Available to UK residents aged 18+.

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.