Sainsbury's Personal Loan (Semi-Exclusive) Features & Benefits
(currently displaying summary information only)| Feature / Benefit | Summary | Details | Rating out of 5 | ||
|---|---|---|---|---|---|
| Application Criteria: | |||||
| 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...expand | ||
| Guarantor Required | | no | no | ||
| Existing Customers Only | | no | Loan available to all | ||
| Minimum Age | | 18 years | The minimum age is 18 years. | ||
| Minimum Income | | £0 | Minimum income of £0 pa required. | ||
| Rates: | |||||
| Headline Rate APR | | 8.1% | 8.1 |  | |
| Suitability: | |||||
| Loan Type | | Unsecured | Unsecured | ||
| Minimum Loan | | £1,000 | The minimum advance is £1000 | | |
| Maximum Loan | | £25,000 | The maximum advance is £25000 |  | |
| Minimum Loan Term | | 1 year | The minimum loan term is 12 months. | ||
| Maximum Loan Term | | 7 years | The maximum loan term is 84months. |  | |
| Online Decision | | yes | An on-line decision is available for internet applications. | ||
| Joint Application | | yes | Joint applications are available. | ||
| Debt Consolidation | | yes | Debt consolidation loans are available. | ||
| Fee & Charges: | |||||
| Early Repayment Charge | | 1 month | The early redemption charge is equivalent of 1 month interest. | ||
| Facilities: | |||||
| Deferred Start | | 2 months | 2 months | ||
| Express Delivery | | yes | If you choose the optional courier service to receive your loan agreements, up to £49 will be payable one month before your first repayment | ||
