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Sainsbury Loans

gedebage
gedebage Posts: 222 Forumite
Part of the Furniture 100 Posts Combo Breaker
in Loans
Has anyone had experiance borrowing from Sainsburys? I am considering applying for a £25000 loan to clear my other loans, cards, etc. They offer 8.9% interest for terms up to 7 years, which would be good for me.

Comments

  • Apples2
    Apples2 Posts: 6,442 Forumite
    Everyones circumstances are different.

    It is impossible to compare someone elses success (or failure) with Sainsburys with your own chances.

    You would have to be a very high earner to be able to dump a £25K loan on top of your current debt.

    How do you stand with affordability??
    how much do you earn compared with how much you owe??
    any defaults, CCJ's etc??
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