When it comes to dreaming, we can all get a little carried away; a house expansion, that trip you’ve been thinking about for ages… Why not finally get it going? The Halifax Personal Loan can help you with that.

For over 160 years, Halifax has been more than a helping hand in times of need (and joy, too!). Take a look at some highlights of the Personal Loan service we selected below:

Personal loans can be used for a variety of purposes, such as consolidating debt, covering unexpected expenses, or traveling. It is a flexible service, making it suitable for different financial needs.

Another interesting aspect is fixed interest rates. These make your monthly payments stay the same for the whole loan period. This helps you plan and manage your budget more easily.

Getting a personal loan from Halifax provides an opportunity to put your plans into action. You can finally purchase that nice car you’ve been thinking about or consolidate multiple debts into one.

House renovations, wedding proposals, you name it! Borrow the value you need and arrange the repayments for as long as you wish or need.

Also, your credit history won’t be harmed by your requesting a personal loan from Halifax. Once you get pre-approved after applying online, you can check your personalized rates within minutes without affecting your score.

Getting a personal loan is worth thinking deeply through. It is a long-term commitment, even though you could be turning highly-desired plans into actions.

To help you weigh the pros and cons, take a look at the lists we put together below:

Where it falls short:

You can apply for your loan once you fit a few criteria items. For starters, you have to be over 18 years old, be employed, or simply have a regular income.

Also, you cannot be a full-time student or live in Channel Island and Isle of Man. Another impediment would be having been denied credit in the past month.

Another important requirement is not having a history of bad credit. For example, your application won’t be approved in case you’ve been bankrupt or gotten CCJs.

There are a few more detailed requirements that may keep you from applying. For these, it is worth taking a look at the Halifax official website.

Halifax provides a bureaucracy-free application process. With no paperwork to sign, your application path is online and quick! Just check the requirements and follow through.

To do so, you can go to Halifax’s website. There you can find a space to choose between Halifax customers and non-costumers. Select the right option for you and follow the indicated steps!

It is always important to evaluate possibilities. Nowadays, we have multiple alternatives in the market, and some of them are more than satisfactory!

Due to this, we provide some quick analysis below, with another great banking service. Zopa Bank is fairly newer than Halifax but it can sure be taken into consideration.

Take a look at the chart below to find out more:

Maybe Zopa’s Personal Loan caught your eye, with its low rates and quick online simulation. Why not take a look at our full review?

Find out more about Zopa’s Personal Loan features and requirements in the review we prepared for you!