Tesco Personal Loans Reviews

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★★★☆☆
3.0 / 5
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Media Gallery for Tesco Personal Loans

Tesco Personal Loans
Tesco Personal Loans
Tesco Personal Loans
Tesco Personal Loans

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Latest Reviews

★★★★★

“So happy!!”

Written on: 10/09/2014 by NaomiSellars (1 review written)

I applied online, and got approved straight away. I was told my credit agreement would be with me in 5 days, which it only took 3 days. I read through, signed, and posted them back off the same night. My loan was in my account less than 48 hours after sending them back off. Brilliant rate, I thought it was too good to be true. Ignore the bad reviews, I would recommend to anyone. Now I can go buy my new car :-D… Read Full Review

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★★★★★

“Excellent”

Written on: 21/08/2014 by Emzie89 (1 review written)

Applied for a loan on Monday evening and paid for the courier service that arrived on Wednesday. Received my loan the next day. Excellent customer service. Would highly recommend… Read Full Review

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★★☆☆☆

“Good Apr but terrible customer service”

Written on: 20/08/2014 by BaronRussell (1 review written)

Applying online was the easiest part, paid extra for the courier service, the next available time was a monday morning (the same day the original papers arrived) after that £50 well wasted, the courier man said they would recieve it the next day and they will deposit in then, tuesday evening came and still no money so I ring up to see if they had recieved the paperwork ok. woman on the phone said they had and it will be in my account in the next few hours. Wednesday morning comes and still no… Read Full Review

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★★★★★

“Surprisingly Great Service”

Written on: 10/08/2014 by vyBullock495 (1 review written)

I was looking for a loan and saw the great rate advertised. Applied online and was approved in principle. I then received my documents 2 days later and all they requested was a months bank statement. I sent that back and the money was in my account two days later. A smooth hassle free service with a great rate… Read Full Review

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★★★★★

“what a brilliant service, dnt let bad reviews put u off ”

Written on: 17/06/2014

im 24 years old and decided to apply for a 10,000 loan over 5 years at a advertised rate of 4.5% . i was on comparethemarket and saw tescos great rate and thought id never qualify, however I applied on wed 11.06.14 received my agreement on sat 14.06.14.. I was fully approved and was offered the same advertised rate as online. I sent my agreement back and it was received today 17.06.14 ( I called as I felt anxious) they told me the money would be transferred within 48 hours and at 5pm today here… Read Full Review

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Senerade's Comment

Written on: 17/07/2014

Could you advise which credit agency Tesco used to do credit check. I'm awaiting final checks however was approved but can't find Tesco on any credit report which makes me think they have yet to carry out credit check.

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★☆☆☆☆

“Tesco Loans do not deserve any stars!”

Written on: 30/05/2014 by Connolly406 (1 review written)

I applied for Tesco Loans on 18th April and was duly accepted, I was delighted as the repayments were £44 less a month than a loan I wanted to repay for my lovely new car. I waited for my paperwork, it arrived very quickly considering the Easter break, I posted it back on 25th April and awaited my money. Feeling very happy with myself, as a working mum the loan was put to the back of my mind, I had done everything I'd been asked to do. By 10th May I paid as other large installment on my… Read Full Review

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★★★★★

“Fast Service!! Very happy”

Written on: 25/05/2014 by Tuckernp257 (1 review written)

I received my application on Thursday and sent it off the same night, the following afternoon it was paid in. Thank you Tesco Loans, what a great service you gave me and a great rate… Read Full Review

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Anaismia's Comment

Written on: 25/05/2014

Can I ask..... Did they notify you first? Or was it just automatically paid in? Thankyou.....

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★★★★★

“Gave us a chance”

Written on: 14/05/2014 by JamesG24 (1 review written)

Hi, my name is James and I'm 24 years old and in steady employment. My fiancé is a pub manager but earns cash in hand (still pays tax). Now we tried applying for a loan with our bank before and they declined us for whatever reason, it was to pay off overdrafts, credit cards and personal family loans, leaving some nice money left over for a few bits for the house (rented) and maybe a night out or two. Now as I said before our banked declined us and told us to do so much and come back in a… Read Full Review

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★☆☆☆☆

“Pharma687”

Written on: 06/05/2014 by Chavez261 (1 review written)

Hello! dcbfdda interesting dcbfdda site! I'm really like it! Very, very dcbfdda good!… Read Full Review

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★★☆☆☆

“APR is not as advertised”

Written on: 21/04/2014 by 333Ashworth (1 review written)

Applied for a £7,500 loan over 3 years at 4.5% APR. You go through the rigour of filling forms assuming you are applying for the product advertised. Apply, but to be accepted for a different product at 8.1% APR! I wanted 4.5%... not 8.1%! I could have gone elsewhere and had one less credit search against my name… Read Full Review

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★★★★★

“Quick easy and professional !”

Written on: 20/04/2014 by GlennAndersen (1 review written)

Applied for 25k - sorted within 1 week . Money was put in bank on a bank holiday ! Thanks Tesco… Read Full Review

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★★★★★

“Fantastic.Wow that was fast with no hassle.”

Written on: 31/03/2014 by MarkusOrr (1 review written)

I have applaied for 8500£ Tesco loan on Wednesday evening,got approved in principal.Recived letter on Friday,did send back signed agreement along with one month bank statement.Just looked today on Monday afternoon at account to see money already there.Fantastic service.Thx… Read Full Review

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Tonilee1991's Comment

Written on: 04/04/2014

Hi just wondered if you knew what they look for on statement were the same as you exactly they want a copy of statement and proof of I'd the down side is we never leave money in bank always take out and put into savers

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★★★★★

“Tesco Loan in the bank within 7 days at headline rate”

Written on: 21/03/2014 by Olliemoandbo (1 review written)

I applied on a Monday evening online, fully expecting a rejection as I have little credit history other than my current account. However I was fully 'approved' (not even the dreaded approved in principle!) they would send the documents out by courier for £50 or standard post for no charge- I was still sceptical so opted for postal delivery incase it was £50 and I didn't end up with the loan. The documents arrived on Friday which in a rural area wasn't bad, they asked me to sign and return… Read Full Review

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★★★★☆

“Got the loan I needed and I am happy”

Written on: 10/03/2014

I applied on the Tesco loan website 06/03/14 and I needed to borrow 7500 because I am moving home. I have recently purchased a house for the same price as I've just sold my house so I need that money to cover solicitor fees, estate agents fees and removals. Now when I did the online application I came across a bit that ask why I need the loan and I choose "setting up home" and then fully finished the application it checked my credit rating and I was approved outright. Which was their highest… Read Full Review

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★☆☆☆☆

“waste of space time and energy”

Written on: 01/03/2014 by frau (1 review written)

tried to get a secured consolidation loan,but was turned down because i have too many financial commitments already,this was the reason i applied for a loan in the first place,to cut my finances down to just 1 loan.this would have saved me at least 1200 pounds per month.now i got another loan application turned down on my credit report.altuogh i have no problem getting unsecured loans. makes no sense… Read Full Review

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★☆☆☆☆

“Do not trust headline APR , Misleading Advertising ”

Written on: 06/02/2014 by M.Choyce (1 review written)

After making an application online following the headline grabbing 4.8% APR Decision came back instantly with an APR hike of 6.7%. My Experian credit score is currently 999 out of 1000 in the green excellent bracket. I would love to know who does achieve there 4.8% APR This misleading advertising needs to be investigated as the search by Tesco Bank may impact on my excellent credit rating. DO NOT TRUST THIS ADVERTISING NOR TRUST THE PROVIDER… Read Full Review

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Wanchat's Response to M.Choyce's Review

Written on: 17/02/2014

I have the same problem. They sent me confirmation pack and agreement and once i have sent back they now turned back and said they cannot offer 4.8% and can only offer 8.5% because i use the manual enter my address instead of using the post code search..ridiculous!!!

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★☆☆☆☆

“I feel that Tesco is cheating its customers”

Written on: 31/01/2014

Applied for a loan advertised at APR 4.8% for £14K over 3 years, it was a joint application between me and my partner (both on good salaries) and after spending few days on filling all the information required for the application we got approved (within one minute from pressing proceed) but with an APR of 8.5%! I called Tesco to complain for wasting my time and they could not give me any information as to why we got APR 8.5%. Either me or my partner aren't what they would call "risky"… Read Full Review

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Dex97's Comment

Written on: 04/02/2014

I had a similar experience. The promis in the marketing hype isn't delivered so not only was it a waste of time but I think the application for loans (even if you don't proceed) effects your credit rating. I wouldn't recommend Tesco.

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★★☆☆☆

“need help ”

Written on: 19/01/2014

Applied for a 25k loan last wednesday and my decision was they had to make more checks and contact me within a few days and I still havent heard anything back yet can anybody advise me on how long it takes for them to contact… Read Full Review

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★☆☆☆☆

“ Big APR increase on approval”

Written on: 18/01/2014

Really don't like how you apply for a loan with a 4.8% APR rate and then they do a credit check against you, say you've been approved for something like 7.8% APR, I didn't apply for that so it should be either a yes or a no but instead they offer a rubbish rate that goes against your credit score, thanks for that… Read Full Review

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★☆☆☆☆

“Disrespectable adviser, ”

Written on: 01/01/2014

Very disrespectable advisor, never helped me once, never return call wen they advise too… Read Full Review

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