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Tesco Bank Personal Loan
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Clubcard Prices
Enter your Clubcard number when you apply and if you’re accepted you’ll get a better rate.
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Amounts available to borrow
from £3,000 to £35,000
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Loan terms
of 1 to 10 years.
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- Same day funds
You could get the money in your account in as little as 2 hours. This will vary depending on the outcome of your loan application.
- Same day funds
Fixed monthly payments on a date you choose Your monthly payments will be for the same amount each month. And you can choose a payment date that suits you.
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- Fixed monthly payments on a date you choose
Your monthly payments will be for the same amount each month. And you can choose a payment date that suits you.
- Fixed monthly payments on a date you choose
Make overpayments with no fees This could help you pay off your loan faster and save money overall.
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- Make overpayments with no fees
This could help you pay off your loan faster and save money overall.
- Make overpayments with no fees
Pay off your loan early Pay your loan off in one lump sum and you could save money on interest – a 2 month interest charge will be applied.
- Pay off your loan early
Pay your loan off in one lump sum and you could save money on interest – a 2 month interest charge will be applied.
This representative APR applies to loans of £7,500 – £25,000 over 1 to 5 years. We also offer loans between £3,000 – £35,000 and have terms available between 1 to 10 years.
The rate you’re offered may differ as that depends on the amount you apply for and our review of your circumstances. The maximum APR you could expect is 34.5% APR.
So what did you think about the first article after learning so many benefits and good things that you can actually find within it? You’re, probably. You’re interested in learning all the benefits that you can find in this credit so that you can apply for it.
But before that, you need to actually learn how you can apply for the credit and a few other things that you’re going to need along the way. Which is why down below we made a whole article dedicated to all of those questions that you might have. Let’s take a look.
What are the necessary requirements to apply the Tesco Bank Personal Loan
Finding their requirements when applying for a credit is an important space type of it, which is why down below we bring you a list of all the requirements needed for the Tesco Bank Personal Loan.
- Aged between 18 and 74. You must be aged under 75 at the end of your loan term
- Be in employment with no probationary period, or have a regular income e.g. pension
- You’ve lived in the UK for at least three years
- You have a UK personal current account
What are the necessary documents?
Having the necessary documents is very important when applying for credit. Down below, we’re going to take a look at all the necessary things that you can find.
- Proof of identity,
- Proof of income,
- Proof of residency.
What is the main profile for the Tesco Bank Personal Loan
The meat profile is a very important thing in a credit, then below will bring you the main ones that you can find here.
Buy a car
Buying a car is such an amazing thing. It gives you a feel of independence that nothing else does, because for the first time you can actually go wherever you want on your own without anyone on your back, which is pretty amazing.
Still, no matter how good it is, it is very expensive and most people can’t actually buy a car on their own, be it because they don’t have the financial means or just because they only have enough for their home and personal life. Which is why applying for this credit might help.
Renovation
And just like having a car is important, renovating your house to look just like what you need is actually. Important. You see, renovation is such a huge thing in the application process of a credit because it is one of the most used profiles that people have.
Most people that apply for this credit are actually going to use it to renovate some sort of thing in their home. Be it because their living room is really boring, or their room is not that cozy. Well, whatever it is, you name it and you can do it.
Debt consolidation
Everyone will always go through that, everyone will someday have it. Or you are already in the problem, which can be really complicated, really annoying and terrifying. But we are here to help you and support you from the beginning to the end. It is not the end of the world.
You see, debt consolidation is a thing. When you have too many debts separated from too many banks, it can become hard to take notion of all of them. Which is why if you apply for a credit, repay all of those debts with it, and consolidate your all debts into only one is actually going to help a lot.
Home improvement
Now, home improvements, how are they different from renovations? Well, renovations are more of aesthetic things on your home like furniture, paintings and things like that. Home improvement is for your comfort.
For an example, if your heat is broken in your home, you can make an improvement and buy a better one if you have a problem with your cold water. Then you can actually get it fixed. If you want to get some solar panels, that can happen to you.
Advice for everyone who wants to apply the loan
So is there anything that you actually think we could tell you about this credit? Well, it actually there is. We have one advice for you, and it is actually based on the amount that you can get. You see the minimum amount that you can get is £3000.
That may seem little compared to the £35,000, but believe us, it’s really big for a minimum amount. It is a huge amount and 3000 lbs is useful for so many things, which is why if you’re looking to buy something smaller, believe us, this is not the credit for you. So take a look and see if what you need is exactly the amount that you can get.
Let’s compare the pros and cons: is it really worth it?
Comparing pros and cons is such an important task, which is why we are here. As you can see, we have quite a few of negative things. For an example, the high minimum amount you can get or the fact that you have to repayment. It is only available for people who are over 21.
Outside of that, we can’t really see anything that might actually bother you, which is why we are here to compare you now to the benefits. As you can see, it has low. Rates. You can actually get a really nice amount, really nice repayment terms and a bunch of other things.
At the end of the day, we truly believe that this is a very worth credit and if we were you, we would probably apply for it since it is such a nice one.
Apply once and for all the Tesco Bank Personal Loan in the official website!
It’s time to apply for this credit after so much time, you must learn so many things now. If you are excited to apply for this one, and you want to do it, then you can click down below. When you click down below, you’re going to the official page of the application process, and you can apply it now.