ASDA Little Loan
Full product details for the ASDA Little Loan, including loan details, application criteria, rates, suitability, fee & charges, example costs, facilities, restrictions and incentives.
This product is no longer available...
ASDA no longer provide any loans.
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ASDA Little Loan Features & Benefits
| Loan Type | Unsecured | |
| Minimum Loan | £3,000 | The minimum advance is £3000. |
| Maximum Loan | £7,499 | The maximum advance is £7499. |
| Minimum Loan Term | 1 year | The minimum loan term is 12 months. |
| Maximum Loan Term | 5 years | The maximum loan term is 60 months. |
| Headline Representative APR | 12.9% | 12.9 |
| Headline Representative Loan Amount | £3,000 to £7,499 | |
| Early Repayment Charge | 2 months | You will be charged up to 2 months worth of interest should you choose to settle your ASDA loan early. |
| Deferred Start | 3 months | |
| Debt Consolidation | yes | The loan can be used to consolidate debts. |
| Express Delivery | yes | |
| Credit Rating | good | Most suited to individuals who have an average income and a recent credit history free from credit defaults, arrears, CCJs or missed payments. The majority of applicants can be described as having a good credit rating. |
| Existing Customers Only | no | Loan available to all |
| Minimum Age | 24 years | The minimum age is 24 years. |
| Minimum Income | £0 | Minimum income of £0 pa required. |
| Geographical Restrictions | yes | Loans are available in the UK (excluding the Channel Islands and the Isle of Man). |
| Guarantor Required | no | |
| Credit Rating | good | Most suited to individuals who have an average income and a recent credit history free from credit defaults, arrears, CCJs or missed payments. The majority of applicants can be described as having a good credit rating. |
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