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Sainsbury's Loan Review

 

Not only can you now buy your groceries at Sainsbury's but now they offer personal finance products that are competitive when compared to other personal loan offers in the UK.

With a typical apr of just 6.1% the loan is comparable to other leading loan providers but there are many other points that should be taken into consideration.

You can also take advantage of a 3 month holiday repayment at the beginning of your loan repayment process. You can also have your chequ mailed to you within 24 hours of approval for a fee of £50.

Overall a decent loan offer from Sainsbury's and one that should be considered.

Typical 6.1% APR

 

 
   
 
Quick Summary Box
Loan Amounts and APR's

£1000 to £2,999 - 17.4% typical
£3,000 to £4,999 - 13.4% typical
£5,000 to - £5,999 - 6.5% typical
£6,000 to - £6,999 - 6.3% typical
£7,000 to - £25,000 - 6.1% typical

Loan Repayment Periods 1 to 7 years
Early Redemption Penalty N/A
Comments A good loan offer from Sainsbury's with a very competitive 6.1% typical apr for loan amounts that for £7,000 or more. There are cheaper loans available but they are only available to applicants with a perfect credit history.
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