Tesco Bank Personal Loan
For a simple and easy understanding of Tesco bank personal loans, let’s assume you need £15,000 personal loan. And you apply with Tesco bank for Personal Loan for a period of 5 years. You need to pay £269.26 on monthly basis for 60 months, together with interest (which is 3% example base) and principal amount. However rate of interest charged on loan may be higher; it depends on your individual financial circumstances and credit history. Rate of interest charge will vary depending on your loan period and amount. Which rate of interest would be charged on your loan amount will be calculated before the start of contract (Explained Below). This Means you would know, the rate of interest charged on your loan amount before the start of the contract