Applying for a Sainsbury's loan is very misleading and annoying especially as a Nectar card holder! You give and show a 4.8% APR as a Nectar card holder, and on completing the application it turns out this increases to 6.9%. WHY? This is scamming people once again into thinking you are getting a fair deal - not so!! Sainsbury's should make this very clear in the first instance, even if the applicant has an excellent credit rating already. Instead of wasting peoples time and totally insulting their intelligence. My loyalties will no longer be enhancing the £Millions profit Sainsbury's make year on year.
Reviewed on: 6th March 2023
