Lowest rate ever for a loan Sainsbury loan at only 3.9 % for between £7500 and £15000
424°Expired

Lowest rate ever for a loan Sainsbury loan at only 3.9 % for between £7500 and £15000

41
Found 30th May 2014
Lowest rate for a loan. This is for 3 years or less or 4.0 % for above this. Great if you need money for new car or home improvements. If your rate does change. They will also price promise and beat any other loan that is like for like.

41 Comments

yes good rate i got a £15000 loan 3 years a go at 5% paid of now from sainsburys

blindmansden

yes good rate i got a £15000 loan 3 years a go at 5% paid of now from … yes good rate i got a £15000 loan 3 years a go at 5% paid of now from sainsburys



what?

Rates lower than most mortgages



Loan limit lower than most houses.

quidstretchy

what?



Yes! Good rate!
I got a £15000 loan 3 years ago from Sainsbury's at 5%. Paid off now.

this is from 4.2%. tried last week and they sent an agreement stating 8.9%. read small print... personal circumstances...

Get partner to take out loan..

Then put down as a deposit on a io mortgage for a 100k house.

Then rent out house for 600 a month. Earn 200 at no cost to self..

mikub

this is from 4.2%. tried last week and they sent an agreement stating … this is from 4.2%. tried last week and they sent an agreement stating 8.9%. read small print... personal circumstances...



Yep, it's Representative APR - so they only have to offer 51% of successful applicants that rate.

This is why I shop at Aldi. You shouldn't have to take out a loan to buy food.
#brokenbritain

Money, money, money Always sunny !! oops more cheap debt fueled into the economy !!!
http://i59.tinypic.com/2mw55hd.jpg[/img]

amsieg

Get partner to take out loan..Then put down as a deposit on a io mortgage … Get partner to take out loan..Then put down as a deposit on a io mortgage for a 100k house.Then rent out house for 600 a month. Earn 200 at no cost to self..



err, loan repayment on 10k over 5 years would be about 200 and the 90k mortgage about 500, so unless you are planning on ripping your partner off you you'll be putting money in until the rent you can command rises.

plus for 100k it will be in some grim northern hole. I doubt you'd get a 7% yield tbh.

cheap money ..I am sure this road looks familiar ..

But a good offer so hot from me

amsieg

Get partner to take out loan..Then put down as a deposit on a io mortgage … Get partner to take out loan..Then put down as a deposit on a io mortgage for a 100k house.Then rent out house for 600 a month. Earn 200 at no cost to self..



Please note, we do not lend for any of the following purposes:

Business purposes
Purchase or deposit for property

Plus you have to back the load on the mortgage...

the rate will change dependent on your personal circumstances, most people wont get 4.2%!!!!oO

amsieg

Get partner to take out loan..Then put down as a deposit on a io mortgage … Get partner to take out loan..Then put down as a deposit on a io mortgage for a 100k house.Then rent out house for 600 a month. Earn 200 at no cost to self..



If only it was that easy ...... for everyone (_;)

upset brown pant

err, loan repayment on 10k over 5 years would be about 200 and the 90k … err, loan repayment on 10k over 5 years would be about 200 and the 90k mortgage about 500, so unless you are planning on ripping your partner off you you'll be putting money in until the rent you can command rises.plus for 100k it will be in some grim northern hole. I doubt you'd get a 7% yield tbh.


Some grim northern hole - you are a ****.

I got a Sainsbury's loan a few weeks ago but didn't get their lowest rate, still I did way better than the rate my bank offered me which was 26% so I was very pleased.

Great rate if you can get it.

upset brown pant

err, loan repayment on 10k over 5 years would be about 200 and the 90k … err, loan repayment on 10k over 5 years would be about 200 and the 90k mortgage about 500, so unless you are planning on ripping your partner off you you'll be putting money in until the rent you can command rises.plus for 100k it will be in some grim northern hole. I doubt you'd get a 7% yield tbh.



Please don't breed.

Only a very small amount of people will get this rate you have to have a fantastic history, They advertise one thing you get the paper work and its another

If I was buying a car I would only go to a dealer that would offer 0% APR - there are still a few around that do this. Heat added tho if you can get this low rate for say home improvements etc - although even then I would try and do it by a 0% credit card

amsieg

Get partner to take out loan..Then put down as a deposit on a io mortgage … Get partner to take out loan..Then put down as a deposit on a io mortgage for a 100k house.Then rent out house for 600 a month. Earn 200 at no cost to self..



Eh, that's a long term disaster!?

How can getting into debt be considered a 'deal'?

funny thing is of you enter you have a nectar card the calculator comes out dearer than if you don't have one. 8500 over 60 months confused.

xp3200

Only a very small amount of people will get this rate you have to have a … Only a very small amount of people will get this rate you have to have a fantastic history, They advertise one thing you get the paper work and its another



51% get the rate, it's the law Guv

Banned

bet they will ask loads of proof

spurious

How can getting into debt be considered a 'deal'?



Because you're getting into less debt than you would elsewhere...

And while I dont share the almost religious obsession British people seem to have with owning your own home, the fact that the mjority of homeowners have had a mortgage at some point in their life shows getting into debt can be beneficial.

Gaz987654321

Please don't breed.



too late!

let's see all these sub 100k houses in prosperous, low crime, desirable parts of the country.

Debt isn't always necessarily bad. A mortgage is a debt that allows you to buy a house. A student loan is a debt that allows you to get a degree to improve your career prospects. You may have bought a house well under market value and anything you subsequently borrow for improvements will make you a profit.

Some very short sighted and ignorant people in this thread who have absolutely no idea what they are talking about.

amsieg

Get partner to take out loan..Then put down as a deposit on a io mortgage … Get partner to take out loan..Then put down as a deposit on a io mortgage for a 100k house.Then rent out house for 600 a month. Earn 200 at no cost to self..


Don't forget about the £300-400 tenant finders fee, plus optional 10% management fee from agency. Then there's the repairs, upkeep and building insurance. All about £1200 per year for my flat. So after making £200 per month profit I actually spend most of it on the property anyway

PierremontQuaker

If I was buying a car I would only go to a dealer that would offer 0% APR … If I was buying a car I would only go to a dealer that would offer 0% APR - there are still a few around that do this. Heat added tho if you can get this low rate for say home improvements etc - although even then I would try and do it by a 0% credit card



There's no such thing as a free lunch I'm afraid. Just because it's 0% APR doesn't mean that they haven't already added the interest on to the price of the car. Even if it's not immediately apparent, if you turn up at a dealer and offer them cash you would be able to 'get something knocked off the price'. It's not inconceivable to consider that as the interest you would have been paying.

The credit card is a fair way of doing it though, although I get the impression that 0% periods are getting shorter so you'll probably have to shift your balance every year. Not too much hassle as long as your credit history is good enough for the card companies to accept you. And of course, buying things on cards also gives you additional protection.

Mada06

Debt isn't always necessarily bad. A mortgage is a debt that allows you … Debt isn't always necessarily bad. A mortgage is a debt that allows you to buy a house. A student loan is a debt that allows you to get a degree to improve your career prospects. You may have bought a house well under market value and anything you subsequently borrow for improvements will make you a profit.Some very short sighted and ignorant people in this thread who have absolutely no idea what they are talking about.



Agreed, I consider myself 'free from debt' but still have a mortgage. OK, in the strictest sense of the word I do owe someone something, but the house value exceeds the mortgage (by a big margin), so I could easily clear everything without any issues. (well, apart from being homeless... and probably divorced...)

upset brown pant

too late!let's see all these sub 100k houses in prosperous, low crime, … too late!let's see all these sub 100k houses in prosperous, low crime, desirable parts of the country.



4 bed, 2 bath. Walking distance to the beach. Picturesque views. Low crime. All your for a little over £18 a day (based on 2 people taking out £15k over 60 months) HERE

Disclaimer. Can get a little cold (-20) in winter (bit like Scotland) and warm in summer (30) a bit like the south cost. If you love the out doors with biking, fishing, shooting and chopping wood. 1h15min to major shops, cinema.

You won't get £600 a month rent mind more like about $320-$350.

Excuse my ignorance but how does this work exactly? You apply, they send you the loan agreement with the rate that you're going to get, then what. Do you have to formally accept? Is it assumed that you accept that if you don't respond? Never had a standard loan before.

GAVINLEWISHUKD

4 bed, 2 bath. Walking distance to the beach. Picturesque views. Low … 4 bed, 2 bath. Walking distance to the beach. Picturesque views. Low crime. All your for a little over £18 a day (based on 2 people taking out £15k over 60 months) HEREDisclaimer. Can get a little cold (-20) in winter (bit like Scotland) and warm in summer (30) a bit like the south cost. If you love the out doors with biking, fishing, shooting and chopping wood. 1h15min to major shops, cinema.You won't get £600 a month rent mind more like about $320-$350.



When did Nova Scotia join the UK?

callum9999

When did Nova Scotia join the UK?



What?!? isn't it still part of the British Empire?? Good grief I must update my history books.

I bank with first direct. They do a 4.7% loan rate and i had 10K loan in my bank account within one minute of applying. The application proceedure was login to bank select loan amount sign online agreement take money.

rfc4spl1

Excuse my ignorance but how does this work exactly? You apply, they send … Excuse my ignorance but how does this work exactly? You apply, they send you the loan agreement with the rate that you're going to get, then what. Do you have to formally accept? Is it assumed that you accept that if you don't respond? Never had a standard loan before.



you apply, forms of agreement will be sent out with rate etc and you return it to them signed. they would only put in place when forms of agreement signed by you were returned. through the application it will have put a search on your credit file so it isnt just a quote.

upset brown pant

err, loan repayment on 10k over 5 years would be about 200 and the 90k … err, loan repayment on 10k over 5 years would be about 200 and the 90k mortgage about 500, so unless you are planning on ripping your partner off you you'll be putting money in until the rent you can command rises.plus for 100k it will be in some grim northern hole. I doubt you'd get a 7% yield tbh.



Poor kids upset and browned his pants.

When u apply for it do u need to provide proof in to what u are using it for eg recipiet for car ect x

Original Poster

xbecky07x

When u apply for it do u need to provide proof in to what u are using it … When u apply for it do u need to provide proof in to what u are using it for eg recipiet for car ect x

no

Blueandy99

51% get the rate, it's the law Guv



lol yeah im going to win the lottery tonight, There are plenty of other laws that are not upheld what makes you think this is any different.
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