Tesco Personal Finance Loans

...too. ------ Tesco Personal Finance is a relatively new company, offering a range of financial services from loans, to credit cards, and all manners of insurance. I worked in the loans division, taking potential customers through loan applications, answering questions, and also dealing with existing customers, whether it be changing their payment dates or paying off the remainder of their loan. First off, I have to say that the staff are very well ...
...can be picked up at Tesco supermarkets, filled in and sent off. All types of application are processed by the same people, so by sending the form you are prolonging the process. Also, a lot of the time, forms will have not been filled in correctly by the customer. You may well think "well I can fill in a form!", however, you'd be surprised. It's very easy to put in what you think they are asking you, when in fact, they need a different figure etc. ...

littlemissdrunk 06.10.2001 · Read full review
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Review of Tesco Personal Finance Loans

...loan until I was in Tesco and i happened to see one of their loan leaflets- it's quite distinctive and has a shopping trolley on the front. Anyway, the leaflet said it was even cheaoer to apply on line and ever one for getting on line and exlporing, I gave it a go. SIgning on to the Tesco websie is easy. Tesco.com will find you on the site. Click on "personal finance", and a full product range will come up, which includes insurance and loans. Click ...
...for a decision. Ususally Tesco will let you know in principle within a day or so and if anything else is needed, they will let you know very soon. The interest rates are very good, and the more you borrow, the lower they are. DOn't be tempted to borrow more than you need just to get the lower rate- check how much extra you'll be paying back on top of what you borrow. EXAMPLE of what you can save by going to TESCO. Borrowing £7500 over 5 years. ...

ginger59 01.10.2003 · Read full review
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Review of Tesco Personal Finance Loans

...As I already had a Tesco Visa card I decided to contact them and find out if they were prepared to offer us a loan. We contacted them by telephone on the number given on the back of the Visa card itself, 08456 040 409, and were given a menu to select options from. As there were only a couple of options it was easy to make the right choice. Our call was answered quickly and we were asked all the usual questions about income, reason for applying ...
...I telephoned Tesco again and asked if it was definitely them that had credited my bank account with this generous sum of money. They confirmed that it was and a letter of confirmation of the loan was en route to me as well as all my documents. The bills are all paid and now all I have to do is let Tesco take their payments from my bank account. So far this has gone very smoothly. The correct amount has been debited on the 7th of every month. The ...

bsky 16.05.2001 · Read full review
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Review of Tesco Personal Finance Loans

...loans, have a holiday etc, Tesco is definately one of the ones you should seriously consider. The APR they currently have is 9%, which is fixed for your chosen term, and you'll find that they are quite non-biased as to the purpose for which you need the funds. Their Customer service is excellent and you will get an agreement in principal there and then. They will then send you out the paperwork, within a few days, which you'll obviously need to ...
...them a recent payslip, three months recent bank statements and a utility bill, which they will forward straight back to you. The money then should be deposited into your nominated bank account within approximately 5-6 days. You can pick up a leaflet from any Tesco's store and the telephone number is on there. They will talk you through the application over the phone, but please note, as you'd expect, they will perform a credit check. Very recommended, ...

polishedpoo 07.06.2001 · Read full review
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Review of Tesco Personal Finance Loans

...decided to apply for a Tesco loan - and did it all over the internet. I basically filled in all my details (names, address, work info, etc) and pressed submit! It then gave you confirmation that an advisor will be in contact with a decision. I was very shocked that within an hour, I had a call from Tesco confirming my loan - initially. This is where the process slowed down. They wanted me to send them six months pay slips and bank statements. I sent ...
...it took a further week for them to confirm and accept. The money ws then transferred and my pay slips, etc sent back. I know this isn't very long, but compared to banks (offer loans on same day) the processing and time taken was quick long. Aloughth worth it for a low APR. I have a direct debit setup and on the 4th of each month (date can be easily changed) my monthly payment is automatically taken out. A year into my loan repayments and I have ...

Infernoid 16.04.2002 · Read full review
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Review of Tesco Personal Finance Loans

...a home improvement loan with Tesco Personal Finance. I gave all my details over the phone i.e incomings and outgoings and was given a yes in principle at a good rate after they had checked my credit file and credit score. Then the waiting started .... It took a week for the paperwork to arrive, I was expecting a first class service. I had to send in original payslips and three months bank statements along with the credit agreement. I paid for it ...
...The details say you then have to wait 48 hours for a final decision, unfortunately this doesn't include weekends "as the checking department don't work weekends". I have now been declined as I have apparantly got too many outgoings, despite honestly giving these details in my application. I am now awaiting the return of my paperwork which I am fully expecting to take yet another week, thus delaying any application I wish to make with another institution. ...

Kingsland 02.06.2001 · Read full review
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Review of Tesco Personal Finance Loans

...husband to take out the loan, he was supposed to be phoning to discuss our complaint. He was very indifferent and at times just rude! I am very disappointed with tesco as they put us through a lot of needless inconvieniance and stress. Needless to say we didn't apply! ...

nkyher 07.07.2008 · Read full review
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Review of Tesco Personal Finance Loans

...etc with them too.) Tesco came out on top without fail. The other three could offer my an APR of approximately 11.9% and Tesco came straight in at 9.6%. Now bearing in mind that I occasionally shop at Tesco, have bought online a couple of times etc against having a Mortgage, Savings account, Home Insurance, Previously had a home improvement loan and a Car Loan without any hassle at all they still couldn't offer me a better rate. I ask myself why ...
...great benefits!! Tesco worked on the loan application very quickly (most of the application was done over the internet and came readily printed which savd on the form filling lark) and within 2 weeks of sending wage and bank statements etc we were accepted. Thumbs up for Tescos - Give them a go if looking for a loan - oh and by the way each application goes into a draw for a holiday in Mexico!! That would top it all now wouldn't it. ...

sharondyer 15.05.2001 (14.05.2001) · Read full review
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Review of Tesco Personal Finance Loans

...led into the trap that tesco where there to help. After filling the maze of questions in on the internet i was accepted in principle,as with many people we all have credit cards and overdrafts which were indicated on the application and all the loan was for re-finance,i eventually had a reply from tesco's 1 week later saying my application was accepted in principle, i recieved credit aggrements and bank mandate and even the date of first repayment, ...
...part of the company yet tesco name is all over there letters,not only that they have a signed bank mandate which they say is destroyed and you cant have back. please note when you read the small print it appears the the money you borrow is not from tesco but from the bank of scotland (bearing in mind they offer loans at 7.3% as well and obviously tesco need to make a profit, so unless you borrow a large amount of money and have all the protection ...

redlarks 11.02.2003 · Read full review
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Review of Tesco Personal Finance Loans

Tesco Personal Finance is absolutely rubbish!! Stay away if you want any access to your money in so called bank. After opening an internet saver account 6 weeks after still no access to our money and customer service is non existent. Beware and be warned, good rates yes but no access. They open an account for you take your money then make it as difficult as possible to access it. Had our money for 6 weeks now ans still we cannot get it after writing to them, speaking to them, when you can get through that is. Stay away, be warned Tesco is useless at customer service in everything they do! ...

spikeyman 06.01.2009
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Review of Tesco Personal Finance Loans

APPLIED FOR TESCO LOAN, TWO MONTHS LATER NO LOAN, WAS CONSTANTLY RINGING THEM, THEY KEPT FOBBING ME OFF SAYING IT WILL BE EARLY NEXT WK BLA BLA BLA, IN THE END TOLD THEM TO STICK THERE LOAN AND I WENT WITH ANOTHER COMPANY. THEY PROVIDE A UNPROFESSIONAL,SLOW SERVICE. THEY NEED TO HIRE MORE STAFF OR CLOSE DOWN. WASTE OF TIME ...

GRANNAGH1 20.08.2008
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Review of Tesco Personal Finance Loans

...and advice, i was recommended Tesco loans, and apprehensively tried them, applied online, which was pretty straightforward and easy, was given a call by Tesco confirming my application was agreed in principle, 4 days later received a confirmation pack from them, i signed the forms and sent my most recent bank statement as requested. 3 days later, the money was in my account! Excellent quick service, very friendly helpful staff, and no problems ...

Reema786 15.09.2009 · Read full review
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Review of Tesco Personal Finance Loans

I applied for a personal loan online. In contrary to most reviews, the very next day I received a favourable decision in a document. Initially I opted for a longer duration and due to my visa status, TPF offered a better APR compared to their previous quote and reduced the repayment period, which I was quite comfortable with. They wanted to verify my passports to confirm my visa status and I sent them the documents by a next day delivery. Over all ...
...(indeed at a 7.4%) and documents returned within 4 days.. I'm delighted and definitely recommend. In my experience this was the shortest application cycle and their support team is quite prompt while responding. As long as you provide right documents, I'm sure you will have your decisions within two-three days max. ...

iplaysafe 01.07.2009 · Read full review
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Review of Tesco Personal Finance Loans