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Sainsbury’s Finance lights up loan market

Sainsbury’s Finance lights up loan market

Category: Loans

Updated: 14/12/2012
First Published: 08/02/2011

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 It is now over 6 months old so the content may be out of date.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 once again improved its personal loan offering for Nectar Card holders.

This time selected rates have been lowered by 0.1%, benefiting those looking to repay the loan over a shorter term on higher amounts.

The tiers which have changed are as follows:

£7.5K to £14,999 - 7.1% APR (-0.1%) for a term of one to three years; and

£15K to £25K - 8.2% APR (-0.1%) for a term of two to three years.

Although rates between £1K and £7,499 remain unchanged, the loan continues to be competitive across all tiers.

Still topping both the £5K and £10K best buy charts, this deal earns five out five Moneyfacts stars.

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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 Any products featured may be withdrawn by their provider or changed at any time.