Sainsbury's Bank Loan

Compare Sainsbury's Bank loans

If you’re looking for the right loan for you, you might have wondered if a Sainsbury’s Bank loan is the answer. You can use the comparison tables below to look at a range of different loans from various lenders.

ProviderLoan AmountCredit HistoryRates FromTerm 
£1,000 to £25,000Good Credit Only3.00%

APR
Representative

(£7,500-£25,000)

1 to 7 YearsGet Quotes >
  • Fixed monthly repayments, for the duration of your loan
  • Simple online application and instant decision in most cases
  • No arrangement or set up fee
  • Make additional payments or pay off your loan early with no charges
  • Must have been a UK resident for at least 3 years
  • Must be over 21 and no older than 70 when the loan term ends
  • Must be employed with a salary of £12,000 or over (if you are self-employed, you must have been employed for a minimum of 2 years)
  • Must have a UK based bank or building society account that can pay direct debits

Representative Example: The Representative APR is 3.0%. Based on an assumed loan amount of £7,500 over 60 months at an interest rate of 3.0% p.a. (fixed). Monthly repayment £134.63 & total repayable £8077.80.

£1,000 to £20,000Good Credit Only3.04%

APR
Representative

(£7,500-£20,000)

1 to 5 YearsGet Quotes >
  • PERSONAL LOAN DEAL (unsecured)
  • One fixed monthly repayment: Know what you’re paying and when you’re paying it
  • Instant Online Decision
  • Must be aged 21
  • No CCJs or IVA in the last 6 years
  • Must have an annual income of over £6,000
  • Permanently resident in England, Wales, Scotland or Northern Ireland
  • Provided by Santander UK Plc

Representative Example: The Representative APR is 3.04%. Loan amount of £10,000 with a monthly repayment of £179.68 over a loan term of 60 months at a rate of interest per annum (fixed) of 3.04%. This is equivalent to 3.04% APR Representative. Total amount repayable is £10,780.80.

£2,500 to £15,000Good Credit Only3.2%

APR
Representative

(£7,500-£15,000)

2 years to 5 yearsGet Quotes >
  • 10 minute online quote, instant decision
  • Money can be with you within 48 hours
  • No arrangement, over payment or early repayment fees
  • Must be aged 21 or over
  • UK Resident with a UK bank account

Representative Example:  The Representative APR is 3.2%, so if you borrow £7,500 over 3 years at a rate of 3.03% p.a. (fixed) plus an arrangement fee of £30, you will repay £218.94 for 36 months and £7,881.84 in total.

£1,000 to £20,000Good Credit Only3.44%

APR
Representative

(£7,500-£15,000)

1 to 5 YearsGet Quotes >
  • Fixed Interest Loan Rate
  • Instant Online Decision
  • Must be aged 21
  • No CCJs or IVA in the last 6 years
  • Permanently resident in England, Wales, Scotland or Northern Ireland

Representative Example: The Representative APR is 3.4%. Based on an assumed loan amount of £10,000 over 60 months at an interest rate of 3.4% p.a. (fixed). Monthly repayment £181.41 & total repayable £10,884.60.

£1,000 to £25,000All Credit Histories Considered14.9%

APR
Representative

1 to 5 YearsGet Quotes >

Representative example: The Representative APR is 14.9% (variable).The Representative APR is If you borrow £90,000 over 4 years at a representative 14.9% APR and an annual interest rate of 14.9% (fixed) you would pay £245.80 per month. Total charge for credit will be £2,798.51. Total amount repayable is £11,789.51.

£1,000 to £5,000Fair & Poor Credit59.9%

APR
Representative

1 to 3 YearsGet Quotes >
  • Know if you'll be accepted before you apply
  • Applying won't affect your credit score
  • No fees charged
  • Borrow more later, if you're eligible
  • Must be aged 18
  • Must be UK resident

Representative Example: The Representative APR is 59.9% (fixed). If you borrow £2,000 over 2 years at a rate of 59.9 p.a (fixed), you will repay £131.05 per month & £3,145.20 in total.

£1,000 to £20,000All Credit Histories Considered99.90%

APR
Representative

1 to 2 YearsGet Quotes >
  • Interest Rates from 35.9% - 99.9%, depending on the information you provide in your application
  • Fixed monthly repayments
  • Instant Online Decision
  • Must be aged 18
  • Must be UK resident

Representative Example: The Representative APR is 99.9% (fixed) - Based on an assumed loan amount of £1,500 over 24 months at an interest rate of 71.3% p.a. (fixed) you would pay £118.88 a month and £2,853.12 in total.

Sainsbury’s Bank loan features:

 

  • Borrow from £1,000 to £35,000
  • Repayment turns up to 60 months
  • Option of 2 month repayment holiday at start of loan
  • Price Promise - if you're offered a better rate on a like-for-like loan elsewhere, they claim they will beat it

 

To be eligible for a Sainsbury’s Bank loan you must:

 

  • Be aged between 18 and 80 years old and less than 83 when the loan is repaid
  • Have a permanent UK address
  • Have a household gross annual income of over £7,500
  • Not have a history of County Court Judgments or bankruptcy
  • Not be intending to use the loan for: Business purposes, purchase or deposit for a property, investment or gambling.

 

It’s important to remember that although the maximum amount this loan permits to be borrowed is £35,000 that does not necessarily guarantee you will be able to borrow it. How much the lender will be willing to loan you will be dependent on your credit score and other individual financial circumstances.

 

Sainsbury’s Bank loan calculator

 

If you are interested in taking out a Sainsbury’s personal loan, you could use the Sainsbury’s Bank loan calculator to get an impression of what your repayments might be. You just need to enter how much you want to borrow and how long you want the repayment period to last and the Sainsbury’s Bank loan calculator can generate an estimate for you using the lender’s Representative Annual Percentage Rate for a loan of that size. If you do decide to apply for a loan however you may be offered a different APR which will change what you are required to repay, both in total and in instalments. This is because lenders may tailor the APR they are willing to offer a borrower following an assessment of their credit score and other financial circumstances.

 

Before you apply for a loan

 

Shopping around to try and compare the market is a good idea before you take out a loan to try and find one that is appropriate to your specific requirements, as there is a diverse range of products on the market from various lenders. You can use the comparison table above to see different loans from lenders.

 

There are other types of borrowing than personal and home owner loans such as authorised overdrafts and credit cards you might wish to consider.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.