Sainsbury's Bank: Shop around for best rates
www.moneynews.co.uk > Loans > Sainsbury's Bank: Shop around for best rates
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Money News |
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Sainsbury's Bank: Shop around for best rates
Tue 24th Jan 2006
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Britons could potentially be spending thousands of pounds in excess payments if they do not look for the lowest rates, according to the bank.
Steven Baillie, loans manager at Sainsbury's Bank, said: "Consolidating your debts with a more competitive loan could save you hundreds or thousands of pounds in interest so it’s important to shop around to find a competitive rate."
He went on to say that many people often assume that they can only get a loan from the building society or bank that they have a current account with, which is not the case.
Meanwhile, Sainsbury's Bank has also announced that it is offering loans from 6.1 per cent annual percentage rate (APR) for those who apply via the telephone.
Related News : Loans |
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Related News : Sainsbury |
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