Sainsburys bank? Started by: Charlotte Pugh

Hey don’t know if this is much help to you at all. But I don’t think I will get accepted for finance even though I have a couple of direct debits in my name e.g. phone bill and I also pay my car on finance but for some reason when I did my credit score it wasn’t the best.
Basically, Ive got a credit card with barclays that has 20 months of no interest on it (bearing in mind you can get even better deals than the 20 months) and what I plan to do is pay the £25o0 deposit with this card and then pay £250 a month through their finance for ten months as I should get accepted for this one. The only way this working for me is my surgery isn’t going to be till march and by then I will have paid all or a good amount of the £2500 off my card and will just have ten monthly payments to make.
Just an idea to look into credit cards with no interest as you could pay some of the balance using this and then finance a small amount of money- which you are more likely to be accepted on if it isn’t a large amount of money you are lending xx

I went with Sainsburys bank Hun – such a good interest rate xx

I borrowed £3,900 🙂 id deffo say do that over MYA finance as their interest rate is so high compared to sainsburys and you’ll end up paying back more x

Ahhh, I did the one that was free interest? X

Hi Hun,

I tried getting finance with mya and was declined even tho I have a good credit rating but I have finance on my car!

My boyfriend also got declined with mya and he also has a good credit rating and earns over £50,000 a year so don’t no why he got declined lol so I went with a loan from a bank and tbh I’m glad I got declined because instead of paying over a £1000 back in interest in now only paying £400 interest back!!

Id deffo borrow a bit more – I wished i had as everything else is expensive. Yeah you get an online decision then they send you the paperwork in the post then you send it back and the loan is in your bank within about 2 days. So a week maybe all in all? Xx

@xcharlottex You could always put that amount on a 0% interest credit card swell I suppose and with doing that you can pay as much or as a little you wanted monthly. Meaning if you had more money one month you can pay more off.

I did my credit rating score with noodle and they recommend cards you will get accepted for with 0% interest rates. Worth looking into, to see more options xx

Hey hun,
I got a loan through Sainsbury’s 🙂 much lower APR than more other places. My PC said outright to look elsewhere because MYA’s interest was so high. I borrowed £5000 and am paying back £148 a month over 3 years, so will be paying an exta £330ish in interest xx

@jessy6067 I don’t think so.. I didn’t expect to be accepted as I don’t have an amazing salary and already had a credit card and various outgoings (phone bill, gym etc) but they accepted me without any questions xx

@xcharlottex Let me know how you get on with sainsburys as I might be applying to them also soon! Thanks for making me aware of them xx