Sainsburys personal loans offer some very competitive unsecured personal loan deals. A decade ago a supermarket would have been an unlikely choice when shopping for a personal loan thats no longer the case.

Unsecured loans between £7000 and £25000 are available through Sainsburys Bank. These personal loans are priced on a fixed rate of interest and have a competitively low typical APR - although it is worth remembering that typical means the rate only has to be offered to 66 of successful applicants according to the Financial Services Authority FSA.

You may apply for one of these cheap loans online or on the telephone in order to receive an instant decision. Borrowers of Sainsburys personal loans may also arrange an initial repayment holiday with which will last for the first three months.

On being accepted for a loan Sainsburys may also offer you a credit card.

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2009-03-03 09:38:51 © Moneyextra.com