Sainsbury's announces summer loan offer

21 June 2005

Sainsbury's Bank has launched a special offer on its loans for the summer, cutting the rate for it's internet loans of £5,000 or more from 6.9 per cent APR to 6.5 per cent APR.

Customers will also be able to choose to defer payments for the first quarter.

Rachel Brereton, loans manager at Sainsbury's Bank, said: "Customers can benefit from convenience and a great rate on their loan by simply visiting our website.

"This is perfect for anyone who is looking to pay for a holiday, purchase a car or make some home improvements."

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