Last chance to take up Sainsbury's 7.9% loan

Sainsbury's Finance reveals new personal loan rate

A new personal loan rate has been announced by Sainsbury's Finance for customers who borrow between £7,500 and £14,999.
Sainsbury's reminds loan customers of approaching deadline

Sainsbury's Finance has reminded customers who are on the lookout for personal loans that one of its special rates is ending soon.

Thursday, 21 January 2010 12:00

Sainsbury's has announced its 'best buy' loan rate of 7.9 per cent will only be available until next Tuesday.

The lender said borrowers had less than a week to take advantage of the typical rate, which is available to Sainsbury's shoppers with Nectar card applying for loans of between £7,500 and £15,000.

In addition, applicants will also benefit from double Nectar points on their shopping for two years.

Steven Baillie, head of loans at Sainsbury's, said: "Anybody considering a loan needs to move fast now to take advantage of this offer.

"All of our loans customers enjoy one of the most competitive rates available and those who shop at Sainsbury's will be rewarded further."

The Sainsbury's loan also comes with a tailored repayment period from one to seven years. Borrowers benefit from fixed repayments for the period of the loan and Sainsbury's promises and instant decision.

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