Told usually nonsense about what loan cost would be before going through credit checks. Came back to say happily give you loan but at £300 more. Seems like an utter scam try to get you to continue once credit check completed against your account. I have a perfect credit score, own my own house and a great salary and previous loans with Sainsbury bank were offered lower rate and repaid perfectly. I seriously doubt anyone gets offered the advertised rate and Sainsbury’s are playing on the fact that once they run a credit check they know the customer won’t like to run too many credit checks on the account or it negatively impacts them. They therefore make a poorer offer afterwards to make as much money from that customer as they can. Such bullyshit from Sainsbury’s
Reviewed on: 23rd July 2018
