Finance >> Personal Loans >> Halifax Personal Loans

Halifax Personal Loans

Halifax personal loan is for those who want to consolidate their credit balances into a single monthly repayment. Halifax has a calculator on their website which helps add the present borrowings and get a quote for instant personal loans.

Benefits of Halifax Personal Loans are:
  • APR of 7.9% it may vary from 7.9% to 13.9% according to circumstances
  • Loans amounts from £7,000 to £25,000
  • Repayment period from 2 to 7 years
  • Affordable monthly repayment
  • Repayment holiday available for the first three months of the loan. Interest is charged from the start of the loan
  • Protection for repayment available. This is called payment protection cover and helps in case of unemployment, illness, disability or care of a relative
  • Courier service can be opted to receive loan documents
  • Funds are transferred to bank account directly
  • Secure online application process
  • Halifax has options for smaller loans
Customers who already have a Halifax Mortgage can opt for further advance option and this repayment will be included in the regular monthly repayment of the mortgage. There is also option for borrowers to make lump sum partial repayments towards the unsecured loan outstanding. This option denies the benefit of statutory rebate of interest when the balance is paid off in full.

Additional Unsecured Loans are offered to Halifax customers based on their ability to repay and their financial status. Halifax allows up to four separate unsecured loans in a single person’s name.

Customer service numbers are open from Monday to Friday from 8 a.m. to 10 p.m. and on Saturdays from 8.30 a.m. to 6.00 p.m. and Sundays from 9.30 a.m. to 5.30 p.m.

Halifax is for those who want the best.