Sainsbury's Finance Launched New Personal Loan at 6,1%

British bank Sainsbury's Finance recently announced the launch of a new personal loan available at as low as 6.1% APR.

The interest rate this low is available for the bank’s customers applying for a loan via the bank’s website with a Nectar card or for those applying for a loan via special aggregator websites.

Customer can apply for a loan of between 7,500 pounds and 14,999 pounds. All customers who take out this loan will receive a bonus from Sainsbury's Finance : a 100 pounds gift card and double points on their Nectar card.

Commenting on the launch , Steve Baillie of the Sainsbury's Finance, said: “ "We continually offer competitive rates for our customers and reward them for their custom, so the new rate is great news for Sainsbury's shoppers.  Also, Shopper Reward Loan's benefits can make a real difference to the total repayment.”

More loans and mortgages from Sainsbury's Finance are available on the lender’s official website.