Sainsbury's Bank Loans
Sainsbury's offers a very good loan interest rate of 6.1% on higher amounts, but with any loan over £5,000 attracting a rate of just 6.5%, there are not many lenders around that can match their offer.
Sainsbury's offers a three-month repayment holiday period at the start of the loan, allowing you to make sure that your personal finances are in order before you have to start paying the loan back.
There is the offer of having your cheque posted to you within 24 hours of acceptance of your loan application for a fee of £50. This is on a par with the other lenders that we have reviewed.
Sainsbury's has brought a new player into personal finance, and has the backing to stay around for a long time. This means that they are offering a good, solid product that is well worth your consideration.
Quick Summary of Sainsbury's Bank Loan Offering
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