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Sainsburys Bank: Personal Loan reviews

Name: Personal Loan
Rating: 3.3 (69 reviews)

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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

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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.

Sainsburys Bank Personal Loan reviews (69)

Review of the Sainsburys Bank, Personal Loan:

Easy application and helpful customer service

I applied for a Sainsbury's loan and the process was very easy - they were readily available to speak to me on the phone and organise everything. I applied for the loan and was able to receive the money within a matter of days. Reviewed on: 29th April 2020

Easy

Low apr and was accepted fairly quickly Reviewed on: 24th June 2017

Low interest rate and easy to set up

Great company with fabulous staff. Loan took no time at all to be processed and the staff were very helpful Should I be looking for a loan again I would definitely use Sainsburys bank Reviewed on: 6th June 2017

Great service

Quick and reliable. Easy to talk too. Great service Reviewed on: 1st June 2017

sneaky percentage rates

after the initial quote online and via an email (including a small diaclaimer about the rate may change) when my paperwork came through to sign the apr had increased from 3% to 12% which a lot of people may not even notice. i put it straight to the shredder and got bettter quotes from elsewhere Reviewed on: 30th May 2017

Sainsbury bank good (not fast)

I've had a car loan from Sainsburys before and they were very reasonable. Applied again but in the holding message they said that the final loan offer may be more than that advertised and there was An undue delay in the final offer. As I was in a hurry I got a loan from Zopa who were more on the ball and were able to offer a loan before a response from Sainsburys which came a few days later. In the event the APR from Zopa was a little higher than the rate offered by Sainsburys but speed was more important on that occasion. Reviewed on: 30th May 2017

poor customer service

I was seeking a car finance loan. Applied online @ 2.9% APR. It said it would take 3-5days. After a week I hadn't heard anything so I called them. I was told yes I was approved but @ 6.7%. I asked why I was being offered a much higher rate than that I applied for as I have an excellent credit score. I was told she didn't know nor could she find out. When I queried this I was asked bluntly did I want her to send the paperwork or not. This left me with a bad taste about the whole thing. Clearly customer service is a low priority. In addition I was told on receipt of the completed paperwork it would be another 5 working days before the money would be transferred to me, meaning the whole process was taking over 3 weeks. This I can only assume is because I took the incentive to call them rather that wait for however long they would have taken. I choose not to go ahead with taking a loan from Sainsburys bank due to a poor experience in the application process and was granted a loan elsewhere at 3.2% and was in receipt of the money in 24hours from time of application. Reviewed on: 30th May 2017

Quick and easy online application

It really did take only a few minutes to complete the online application. The paperwork came through quickly for signing. The money was in my bank a week after the online application. No problem. Reviewed on: 30th April 2017

Excellent finance company

Easy application and very happy with them. Excellent interest rates as well. Very happy with them Reviewed on: 29th April 2017

Quick and Easy Loan Application

The process was very straight forward and they got an acceptance within minutes Reviewed on: 4th April 2017

No problems

Good customer service, fast decisions and everything sorted quickly at a good rate. Reviewed on: 4th April 2017

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