MSE News: Sainsbury's Bank launches cheapest-ever standard personal loan at just 2.8%

[Deleted User]

Paul_Spencer-White wrote: »

I applied for a Sainsburys loan at the rate of 2.8% but when my offer came through the rate was 5.2%!! What is that all about??

That is about 2.4% higher than the headline rate.

ozzy_man

Does anyone know how long you need to have been a nectar card holder for it to help you get a better rate? ie is it worth me getting one a few weeks in advance of applying for the loan?

thanks

jigbycid

yes, tried this .they offered me 7.1%!

jigbycid

supposed to apply to 51% of applicants!

jigbycid

Westminster wrote: »

Expect another flurry of posts complaining about not getting the headline rate .....

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surprise surprise! wonder why?