TAKING control of your money is a great thing to do at any time of the year. But as 2012 begins, many people will want to take a fresh look at their finances and tackle things like outstanding debts.
For some, this might mean thinking about a consolidation loan to pay off these debts, leaving you with just one monthly repayment.
The first step though is to write down all your debts, outgoings and income, both large and small, to get a clear picture of what you owe. You can use this to look at how much you pay out in interest each month and decide which of these debts you need to cover with the loan.
If you're an existing Halifax customer, you could borrow between £1,000 and £25,000 to do just that. Your repayments will stay fixed for the life of the loan, so it should be easy to plan into your monthly budget and as the loan can be repaid over a term of between 1 and 7 years, you can spread the cost of what you owe and make your debt more manageable. Just remember that this means it will take you longer to repay the debt and you could end up repaying more in the long-term.
Applying for a personal loan with us is easy, as long as you are an existing customer aged 18 years or over with a permanent UK address and in full time, paid employment. If you apply online, the process should take about five minutes and our loans calculator tool can help give you an idea of what the monthly repayments could be. Halifax loan repayments will stay the same for the life of the loan too, so they'll be easier to work into your monthly budget.
Whatever your plans, a Halifax personal loan could help, so why not visit our website or give us a call today and see if we can help you kick start your New Year the right way?
* It is important to remember when considering debt consolidation or refinancing that your potential loan could generate a rate higher than you are currently paying. You may be asked to pay a settlement fee on your existing borrowing and you may pay extra interest over the period of any extended term.
