Not only can you get your weekly shopping at Sainsbury's you can also get a personal loan that competes well with all the usual financial suppliers.
Sainsbury's Personal Loan - APR Amounts
Loan Amounts and APR |
£1,000 to £2,999 |
17.4% |
£3,000 to £4,999 |
13.4% |
£5,000 to £7,499 |
7.9% |
£7,000 to £25,000 |
6.5% |
More Sainsbury's Loan Details
Minimum Income |
N/A |
Minimum Age |
18 |
Arrangement Fee |
None |
Early Repayment Penalty |
2 months interest |
Repayment Periods |
1 to 7 years |
Repayment Holidays |
No |
With all the financial clout that supermarkets posses it seems obvious that eventually they would move into other profitable markets, as Sainsbury's and Tesco have already done.
The Sainsbury's personal loan is a competitive offer, with typical apr of 6.5% for all loan amounts over £7,000 depending on your financial circumstances. Even for loan amounts between £5,000 and £6,999 the rates are still competitive. It is only at amounts below £5,000 that you should be able to find a better deal elsewhere without too much trouble.
To find out more visit the Sainsbury's website today.
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