Halifax Personal Loan

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A few weeks ago I was in a rather precarious situation- I wanted to buy a new faux fur coat, and I didn’t have the money (of course). I had the financial means to buy the coat in three or four weeks, but I definitely did not want to wait that long. For a person like me (an impulsive buyer), the difference between a purchase and a forgotten attempt is a matter of days.

I found Halifax personal loans online and I was intrigued by their lending rates- up to £13,000, with interest rates as low as 6.4%. Given that I only needed £4,000, I decided to apply. The application process is short and done entirely online. At no point did I need to pick up the phone to call anyone.

Customer Service and Approval

The application took me eight minutes to fill out, and once I sent it through their secure servers, I was confident that I would be approved. My income is high enough that I could obtain just about any kind of loan that I wanted, though I am notorious for spending more than I should when I venture out to a mall or fancy restaurant.

I received a response back in roughly eight hours letting me know that my application had been received and was being processed. The person seemed friendly and polite, and I even got the impression that they enjoyed their job. Perhaps it was just this particular customer service agent, but the positive energy that I received from her gave me a very good impression of Halifax.

I was approved a few hours after that, and within 24 hours I had received a wire transfer for £3,750 to my bank account. I have already paid this loan off, and I was happy to see that there were no hidden charges or cancellation fees, though I did have to speak with someone regarding the loan closure process.

Conclusion

Online lending is becoming quite popular due to its convenience and anonyminity. Anyone can apply at any time and know within a day whether or not their application was approved, and the stellar customer service will politely inform you whether you have been approved or not.

The interest rate that I received (6.4%) was a reflection of my credit rating, though I’ve heard from a few other people that have used Halifax that their lending rates are quite competitive. For a second tier lender, this is very impressive and a mark of pride for Halifax I’m sure.

If you need a personal loan fast, Halifax personal loans are a good option.