Personal Loans with our better rate for Nectar members from Sainsbury's Money

A new car purchase, home renovation or home makeover? A personal Loan with Sainsbury's Money could help.

Representative 6.3% APR for Nectar members. This rate is available on loans between £7,500 and £19,999 on loans between 1-8 years. Other loan amounts are available at alternative rates. Our rates depend on your circumstance and loan amount may differ from representative APR. Credit subject to status and eligibility criteria. You must be 18 years or over and a UK resident. 

Ready to get the ball rolling? You can apply in minutes. 

What is a personal loan? 

A personal loan is a fixed amount of money you can borrow, which is paid back with interest in monthly instalments, over a set period. You can use a personal loan to pay for a variety of things, including home renovations, buying a car or making a large purchase. 

Personal loans work by allowing you to borrow a fixed amount of money, which you agree to pay back over a set timeframe - known as the term of the loan. 

Personal loans are also known as unsecured loans, which means that the loan isn't secure to an asset, such as your home. 

The total cost of a personal loan is calculated using an Annual Percentage Rate (APR), which accounts for the interest rate and any other additional charges.