Write a review

Sainsburys Bank: Personal Loan reviews

Name: Personal Loan
Rating: 3.3 (69 reviews)

View other Sainsburys Bank products

3.38

Based on 69 reviews, last reviewed 25th May 2024

No new 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

45%

14%

33%

Latest highest rating:

5

Excellent customer service and they give me excellen... Excellent customer service and they give me excellent rates for personal loan Reviewed on: 25th May 2024

Latest lowest rating:

1

Taking the proverbial 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 hold... Read more Reviewed on: 6th March 2023

Read all reviews Write a review

About this product

Sainsburys Bank personal loan reviews on Smart Money People are honest reviews. If you're trying to determine whether this is the right personal loan for you, reading our Sainsburys Bank personal loan reviews can help you to find out what other people have to say. Smart Money People launched in October 2014 to help people like you to find the best personal loans. If you have used a Sainsburys Bank personal loan, we'd love you to write a quick review too.

Review Sainsburys Bank: Personal Loan now

Help others make smarter decisions by sharing your own experience.

Write a review

Sainsburys Bank Personal Loan reviews (69)

Everything is fine until the settlement

It's like talking to a wall. The system should be automatic. I asked if I should cancel the direct debit. They said there is no need. They will close my account. Today I paid an extra £250 that I need to recover. I will let it there, and wait and see how many months it takes them to return the £250. In a digital age, where things can be sorted automatically, they make it all more difficult. Easy to start a loan, hard to close one. I know some people might think I am fussy, but most companies don't know how to automatise the customer flow, they still rely on traditional ways. Shame, as everything went well until the end. Reviewed on: 2nd August 2022

Quick Great service

Sainsburys bank offers great personal loan rates with quick responses and great online and call services. Reviewed on: 19th July 2022

Worse company ever

Terrible company! Impossible to get on hold of anyone, tried to renegotiate my loan. Waste of time. Greedy company. Reviewed on: 7th July 2022

asking for £400 more than outstanding balance when I am clearing 5 year loan in 1 year!

I was told when it comes to settlement, the settlement figure includes 58 days of interest on original balance! and in reality now they are saying it's on top of outstanding balance which already contains the interest FOR NEXT 4+ YEARS how is this even fair and how are these cowboys getting away with it??? Never using these cowboys taking advantage of genuine and vulnerable people Reviewed on: 26th April 2022

Never had a problem

Did us a loan a few years ago. Was easy to manage Reviewed on: 28th March 2022

Got my money in one hour time

I would def. recommend Sainsbury loan because they don't scam you and give you a reasonable APR after filling the form. When I applied it showed 3% and after submitting it came to 7% which is acceptable. I got the loan in less than one hours time thanks for them using DocuSign and all paper work was done asap. I applied the same loan on AA finance and it showed me 3% and later offered me 21% and the post would come in 5-7 days. Reviewed on: 24th December 2021

safe Loan

Great service for this loan and they helped me a lot when i paid it off early and low interest rate. Reviewed on: 3rd September 2021

Loan settlement

They want more money than I owe to settle a loan early. I'm sure you used to get a rebate. Terrible, will never deal with again. Reviewed on: 29th April 2021

Average

App never works. Decent interest rates. Reviewed on: 17th February 2021

Great company

Good company, great rates and quick responses. Reviewed on: 11th July 2020

Do you have a different Sainsburys Bank product?

Share your experiences with products to help others make smarter financial decisions and learn more about different products available. Write a review

Are you a business? Get insights, reply to reviews, invite customers and understand their needs

There's still more to see!

Sainsburys Bank has a range of products available. Check the ratings of each product to find the right one for you. View all products

Join Smart Money People

Keep up to date on ratings of your favourite businesses. Find out about our awards and write new reviews with ease

Create an account

News, guides and insight from our team

View resource hub