Sainsburys competitive loan rate to end next week

Mon, 14 Nov 2011
 
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Borrowers on the lookout for personal loan deals are being encouraged to consider a special rate from Sainsbury's Finance before it comes to an end.

The UK lender is offering customers with a Nectar Card a reduced rate of 6.2 per cent AER representative on loans of between £7,500 and £15,000 until Monday 21st November.

This market-leading loan rate, which is only available online via the loans section of the Sainsbury's Finance website, also offers fixed repayments, tailored repayment periods of between one and five years and direct transfers into a bank account.

Steven Baillie, head of loans at Sainsbury's Finance, said: "We're pleased that we are able to offer such a competitive rate to our customers. Customers considering taking out a personal loan should do so now as they have just one week left."

Sainsbury's Finance offers a comprehensive range of financial services including loans, credit cards, savings and insurance. For more information, visit sainsburysbank.co.uk.