Sainsbury’s Loan Alternative
When considering taking out a personal loan from companies such as Sainsbury’s Bank, it makes sense to do some research before you settle on the right provider for you. Different companies offer different benefits when you take out a loan with them.
Simple Personal Loans, for example, doesn’t charge any fees and can send your application to a panel of lenders that are waiting to approve your loan. It pays to weigh up your options and we’re going to show you why.
How much can I borrow from Sainsburys Bank?
If you’re unsure about the amount you can afford to apply for, have a look at our loan calculator. You may want to use it to help work out how much you’ll repay in total. At Sainsburys Bank, you’re able to borrow from £1,000 to £40,000. Whereas at Simple Personal Loans, we can offer you loans from £1,000 to £35,000.
If this is the first time you’ve decided to take out a loan, you might also find our loans glossary helpful. Remember if you do choose to apply, the APR which you may be offered may vary because it will be based on your circumstances and credit history.
Why choose a loan from Simple Personal Loans?
Choosing a personal loan from Simple Personal Loans may be a better option for you. But we’ll give you some reasons to solidify why choosing a loan from us could benefit you.
- A wide range of loan amounts. We offer loan amounts from £1,000 to £35,000. So if you need £1,000 for a holiday or require £35,000 to fund a wedding, we’ll be able to help.
- Flexible repayment terms. You’re able to choose the option to repay your loan from within 1-6 years. However, longer repayment terms mean higher interest rates. But don’t let this put you off. Borrow responsibly and accordingly to how you can best manage your finances.
- Fixed monthly repayments. This is best to suit your budget so you can know how much and how often you’ll be repaying your loan.
Comparing Simple Personal Loans and Sainsbury’s Bank in a quick-glance table. See who could be the better option for you.
*With Sainsburys Bank, they charge a fee of £25 for late repayments. Whereas, at Simple Personal Loans we do not charge any hidden fees.
Applying For A Loan
If you feel like Simple Personal loans are the best choice for you and have all the information you need. Hit the apply button and start your personal loans journey. Our panel of lenders is happy to help you get the loan you need.