Sainsbury's Finance Loans has cut its rate for lending between £7,000 to £15,000 to 8.2% (typical APR), down by 7 percentage points from 8.9% for applications made online.  This is a limited offer, and Sainsbury's claims it is one of the lowest rates in the market.

Features of the loan include:

• A repayment period of between one and seven years 
• Fixed repayments for the whole period of the loan
• An instant personal loan decision
• The money in 24 hours
• No set-up fees

Steven Baillie, head of loans at Sainsbury's Finance, said: "We are committed to providing our customers with great products and are delighted to be able to offer this rate cut at a time when our customers are starting to think about the new year ahead."

Best-buy online loans

Source: Moneyfacts, for a loan of £7,500 over 60 months.

Find the best loan deal

---

Tag this article :