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Tesco Bank: Loan reviews

Name: Loan
Rating: 3.38 (76 reviews)

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2.90

Based on 76 reviews, last reviewed 6th Jan 2025

100% decrease in 5 star reviews

in the past 90 days

200% increase in 1 star reviews

in the past 90 days

49%

11%

36%

Latest highest rating:

4

Tesco Loan I took out a loan with Tesco bank. The interest rate was decent but it was very easy to take out the loan. Their website was very intuitive and easy t... Read more Reviewed on: 4th October 2024

Latest lowest rating:

1

Waste of time / dodged a bullet Waste of time got accepted for a joint loan sent off the requested documents same day few days later been told all looks good checked with her supervi... Read more Reviewed on: 6th January 2025

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About this product

Tesco 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 Tesco 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 Tesco Bank personal loan, we'd love you to write a quick review too.

Tesco Bank Loan reviews (76)

Review of the Tesco Bank, Loan:

Waste of time / dodged a bullet

Waste of time got accepted for a joint loan sent off the requested documents same day few days later been told all looks good checked with her supervisor with a “fine comb” been accepted and money should be there 24-48 hrs then they ask to call again to send more documents, we sent what was requested the same day we call few days later everything’s all good keep an eye out on a massage that payments processed, nothing, few days later we call and they apologise for the delay at this point they’ve taken so long my application expired and they had to start a new one at this point we have missed all of the Christmas deals for the home improvements we wanted to make, luckily my bank Barclays offered me a loan it took me 2 minutes to apply and the money went into my account instantly barclays offered me an extra £5000 to pay back the exact same amount over the loan period as tesco and better yet it’s only 7 not 10 years, dodged a bullet here got way more cash for a way better deal and it was instant, anyway 0/10 for the service and headaches caused by tesco bank will never use again and will never recommend Reviewed on: 6th January 2025

easy application process

easy to use website quick and efficient processing of application Reviewed on: 8th January 2019

Never gave me an answer!!

I applied to tesco bank over 3 weeks ago online, my credit rating is good so thought there would be no problem, 3 weeks later and a phone call which i was on hold for 11 mins i have found out its be declined! Im looking ino it through experian, but the point is no letter or phone call or email. Very bad customer service Reviewed on: 9th August 2018

Trustworthy

I have a loan with them as well as savings, and find them very easy to use, great online access making it easy to keep track of balances Reviewed on: 9th February 2018

Stunning

10000 pound un 4 days 2% interest best loan anywhere Reviewed on: 7th January 2018

Excellent service

Easy to use. Quick for response. Good rates. Reviewed on: 7th January 2018

Loan

Easy and affordable. Effortless application and a fair repayment plan Reviewed on: 29th June 2017

review

quick and no sneaky advertised Representative rate different from the rate on offer. unlike the Nationwide Reviewed on: 22nd June 2017

Super

For long term loan this is the best option. Try them to find out how good they are. Reviewed on: 19th June 2017

Credit

Friendly and helpful team who are willing to help you through all staged Reviewed on: 8th June 2017

Good bank with good customer service

Got a Loan through Tesco Bank. Did it all online and it was really easy. Had to speak with them a couple of times on the phone and both times the advisor was friendly and got the issue resolved on my first call. Reviewed on: 31st May 2017

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