Tesco Bank: Personal Loan

Provider:
Tesco Bank
Account:Personal Loan
Representative example:The representative APR is 4.10% so if you borrow £15,000 over 60 months at a rate of 4.10% p.a. (fixed) you will repay £277 per month and £16,616 in total.
Loan details
Rate tiers

£3,000 - £4,999 - 12.3%

£4,999 - £7,499 - 5.7%

£7,499 - £15,000 - 4.1%

£15,000 - £25,000 - 6.3%

Risk based pricing
Minimum / Maximum term 12 months to 120 months
Minimum / Maximum advance £3,000 to £25,000
Applicant information
Minimum age 18 years
Minimum income £10,000
Existing customers only

no

Geographical restrictions

Not in Republic of Ireland.

Applying for the loan
Arrangement fee charged no
Application options Internet Loan
Online decision
Postal Loan
Branch Loan
Telephone Loan
Application features Direct debit required
Joint application allowed
Debt consolidation allowed
Express delivery details

yes

Managing the loan
Early redemption charge

2 months

Deferred start

Optional deferred start.

Flexible rescheduling

yes