Sainsbury's Finance Announces New Personal Loan Rate of 6.3% APR Representative on Loans Between £7.5k and £14,999

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New rate available for limited time only – ends 23rd September. UK's Best Personal Loan provider 2011, Moneyfacts

Sainsbury’s Finance has reduced its best buy personal loan rate further to a best buy 6.3% APR Representative for loans between £7,500 and £14,999 until 23rd September.

Available to Sainsbury's shoppers applying with a Nectar card via Sainsbury's Finance's website and a number of aggregator sites.

Steven Baillie, Head of Loans at Sainsbury’s Finance said: “We're committed to offering our customers competitive rates so the new rate is great news for Sainsbury's shoppers whether they're taking a loan for a new car, home improvements or a simply bringing outstanding debts under control."

(Please see attached image labelled "APR Loan Compare")

In addition to one of the most competitive rates in the marketplace, customers taking out a Sainsbury’s Finance Loan benefit from:

    No set up fees
    A personally tailored repayment period, from 1 to 7 years
    Fixed repayments for the whole period of the loan
    An instant decision
    Money transferred directly into your bank account

For further information on Sainsbury’s Finance Loans, call 0800 169 8502, log onto http://www.sainsburysfinance.co.uk or pick up a leaflet in your Sainsbury’s supermarket.

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For further information, please contact:

Tom Wilson
Citigate Dewe Rogerson
020 7282 2842

Notes to editors:

Sainsbury’s Finance:

To view our latest press releases and product information, please visit the Sainsbury's Finance online media centre at http://www.sainsburysfinance.co.uk/media.

Sainsbury’s was the first major British supermarket to open a bank, commencing trading in February 1997. Benefiting from a fantastic, trusted brand that enables us to combine the shopping experience with personal finance, Sainsbury’s Finance provides a range of quality products including insurances, credit cards, savings and loans. Our proposition is to make shopping more rewarding by offering customers great products at fair prices, while consistently rewarding shoppers for their loyalty and being easy to do business with at all times. Our products consistently top Best Buy tables and regularly win awards for quality, price and service.

Sainsbury’s Finance recent awards include Best Overall Online Provider, Best Online Pet Insurance Provider, Best Online Personal Loan Provider and Best Direct Home Insurance Provider at the Your Money Awards 2011.

Sainsbury's Finance is a joint venture between J.Sainsbury plc and Lloyds Banking Group.
For further information and general Sainsbury’s Finance enquiries customers can call the freephone number on 0500 40 50 60 or visit http://www.sainsburysfinance.co.uk

Notes to editors/webmasters

If using this article on a website, please link to http://www.sainsburysfinance.co.uk/borrowing/bor_loans_skip.shtml using the following hyperlink text at the bottom of the article "Sainsbury's Loans"

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Tom Wilson
Sainsbury's Finance
020 7282 2842
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