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Sainsbury’s Finance cuts loan rates

Sainsbury’s Finance cuts loan rates

Category: Loans

Updated: 14/12/2012
First Published: 30/08/2011

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 It is now over 6 months old so the content may be out of date.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 Finance has made further rate reductions to its Standard Nectar Cardholder loan between the £7,500 and £14,999 tiers.

The new rates are: £7.5K to £14999 - 6.2% APR (-0.4%) for a term of one to three years; and £7.5K to £14999 - 6.3% APR (-0.4%) for a term of four to five years.

Although there have been aggressive reductions by other institutions across these loan amounts, this loan stands firmly as the most competitive and continues to offer some of the lowest rates available.

Four out of five Moneyfacts stars have been awarded.

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