Sainsbury's extends 8.2% personal loans sale rate to all channels

Sainsbury's Finance has announced the extension of the special online personal loans rate to include telephone applications.

From 30th December 2008, all applications for Sainsbury's Finance Loans of £7,000 up to £15,000) will be cut to 8.2% APR typical from 8.9% APR typical. This is a limited offer and is one of the lowest rates in the market for balances of £7,000 and above.
In addition to one of the most competitive rates in the marketplace, customers taking out a Sainsbury's Finance Loan can have:

A personally tailored repayment period, from one to seven years
Fixed repayments for the whole period of the loan
An instant personal loan decision
The money in 24 hours
No set up fees

Steven Baillie, Head of Loans, Sainsbury's Finance said: "We are committed to providing our customers with great products and are delighted to be able to offer this rate cut at a time when our customers are planning for 2009."

For further information, visit sainsburys.co.uk