When you find that things aren’t going to plan, then a bit of financial flexibility can really help. So from now on we’d like to give you the opportunity to take some time out whenever you need to, with a one-month repayment holiday on your loan.
Once you’ve made the first monthly payment on your loan you can ask us for up to two one-month repayment holidays every year of your loan (though these can’t be taken in consecutive months). If you have a joint loan, either of you can arrange your repayment holiday.
You can request a repayment holiday at any time.
You will need to:
Repayment holidays aren’t intended to help solve money troubles, so if you are struggling to make your monthly repayments we have a range of options that may be able to help you. Give us a call and we’ll happily talk through the options with you.
Taking a repayment holiday will extend the length of your loan and we will continue to charge you interest on your outstanding loan balance. We will advise you of the additional interest that will apply when you call.
Call us on 0800 096 1282 (option 5) to make next month a repayment holiday.
Lines are open between 8am and 10pm, seven days a week.
Please call us at least a week before your next loan repayment is due for this to be applied to your next payment.
Don’t already have a loan?
Find out more on our Personal Loans. 
The number and frequency of repayment holidays you can take may be changed at any time without notice. Interest will be charged if you take a break from your repayment or defer your payments, so you will pay more interest overall. Repayment holidays are available if you meet certain conditions.
