Tesco have recently
launched their own brand of personal finance products which
includes the Tesco personal loan. With a
huge financial backing we will now look to see whether the
Tesco loan is a cheap as some of the grocery produce available
from the supermarket chain.
With a Tesco personal loan you can apply
for loan up to a maximum of £25,000. The minimum loan
amount available from Tesco is £3,000.
The typical apr of the Tesco loan is 6.7%,
you will be eligible for this rate if you make a loan application
over £7,500. There are 3 different tiers of Tesco loans
that all vary very slighly depending on your repayment period.
We have listed rough guides below of the apr that you may
be charged, but these are only a guide, the rate that you
may be offered depends on your personal circumstances also.
We would recommend that you use Tesco
loan calculator, this link will open in a new window.
Input your data here to find out what is the typical apr for
your loan amount.
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