Sainsbury's Loans Review

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2.1 stars
Average rating for this product is: 2.1 out of 5

From 0 ratings and 6 reviews

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duuncan's Review of Sainsbury's Loans

12th May 2004

Overall Rating

2.5 stars
  • Value for money
    2.5 stars
Good Points

good rates


Bad Points

expensive insurance


General Comments

Sainsburys Bank Personal Loans: Requirement for GOLD insurance can creep onto the form without you requesting it. This can push the costs up hugely, so a 6% loan can end up costing nearer to 20%
Check the forms closely.
They argue like mad when you try to exctricate yourself. Eventually folded, though

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NameCredit RatingAPRTypical APRMin Loan AmountMax Loan AmountHome Owner  
Alliance & LeicesterGood7.80%7.80%£7,500.00£14,950.00No
Nationwide LoansBad7.60%7.60%£7,500.00£14,999.00No
Sainsbury's LoansGood7.90%7.90%£7,500.00£15,000.00No