Sainsbury loan

Omonile

I am a newbie here and would be grateful if someone could help me about Sainsbury loan timeline. I applied for a loan last week,letter of agreement received on Tuesday and was returned same day. though interest on application has been massively jerked up from the advertised rate i am worried about the delay.i have a fair credit score. thanks

[Deleted User]

The made up credit score won't affect timelines.

Sainsbury's aren't the fastest at sending funds but they should give you an update if you call

Omonile

thanks.will call them.

Craig1981

i had a loan with them last year - application online - deferred for callback (as i used wrong bank details!) - approved over the phone, paperwork sent out, returned, and was a few days before the funds were in the account

the APR went up due to your individual circumstances - the advertised rate is given to 51% of applicants. you, as i was and many others, fell into the 49% based on our circumstances