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Stellar borrowing from Sainsbury’s

Stellar borrowing from Sainsbury’s

Category: Loans
Date: 31/01/2014

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Sainsbury's Bank has amended loan rates on its Nectar Cardholder
range for new and existing customers.

The basics…

Customers looking to borrow between £5,000 and £7,499 will now be charged a market-leading rate of 5.7% APR, a reduction of 0.3%, for a Standard Nectar Cardholder Loan over a term of one to three years.

The finer details…

Example repayments: £5,000 over three years = £151.11.

This rate is only available to those who hold a Nectar card and apply online, and borrowers must remember that rates are representative and depend on an individual's credit rating.

Why we like it…

With this market-leading rate Sainsbury's Bank's personal loan has risen to the top of the Moneyfacts best buy charts.

The highest accolade of five Moneyfacts Stars has been awarded.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
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