Sainsbury's offers reduced rate loans

Wednesday, 12 January 2011 07:34

A reduced rate of 7.4 per cent APR Typical has been introduced by Sainsbury's Loans for customers applying to borrow between £7,500 and £14,999.

Sainbury's shoppers with a Nectar card can take advantage of the offer, which includes the extra benefit of double Nectar points on all shopping and fuel at the supermarket for two years.

This means a customer who spends £50 a week in store could receive the equivalent to £52 worth of extra Nectar points each year.

Customers can choose to repay from one to five years and there is the option of no repayments for the first three months.

Use the myfinances.co.uk comparison site to find the best deal on loans and credit cards.

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