Personal Loans At 6.9% From Sainsbury’s Finance
Published: 8 March 2011 By MoneyHighStreet Staff Leave a Comment
Personal loans are now available from Sainsbury’s Finance for 6.9% APR representative for amounts between £7,500 and £14,999.
Sainsbury’s Finance has reduced its personal loan rate to a best buy 6.9% APR Representative for loans between £7,500 and £14,999.
The offer lasts until 29th March so those looking to take out an unsecured loan should contact Sainsbury’s Finance as soon as possible, although it will be important to have a very good credit history to meet the strict lending criteria of the supermarket bank.
The loan is available for Sainsbury’s shoppers applying with a Nectar card. Those seeking a loan can apply via Sainsbury’s Finance’s website and a number comparison sites such as moneysupermarket.com.
The representative loan rate of 6.9% makes Sainsbury’s one of the most competitive personal loan lenders. For example, Nationwide Building Society charges 7.3% and a similar loan from Tesco Bank will cost 7.4%.
Sainsbury’s shoppers taking advantage of the offer will be rewarded with double Nectar points on their shopping in store, online and in petrol filling stations for two years when taking out a loan from Sainsbury’s Finance.
