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Tesco Personal Finance Loans
Key Facts - Tesco Personal Finance
Loan Amounts
£500 to £25,000
APR
7.90%
Payment Holiday
No
Early Repayment
1 months interest
About Tesco Personal Finance Loans

As well as being Britain’s largest retailer, Tesco also offers some pretty strong loan products.  See the factsheet on this page for the latest rates.

Tesco owns Tesco Personal Finance which is a joint venture between Tesco and the Royal Bank of Scotland.  Tesco personal finance offer typically very competitive personal loan rates, currently with a fixed APR of 7.90%.

A Tesco loan lets you borrow from as little as £500 up to a maximum of £25,000.  If you want to borrow more (or less) than this you’ll need to choose the “Compare” channel on this page.

A Tesco Loan can be used for just about anything; a new car, home improvements or debt consolidation are all popular. You can apply online whether you are a homeowner or a tenant although you will need an excellent credit history to qualify. Tesco also offer payment protection insurance.

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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS
ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBTS SECURED ON IT