A simples guide

Compare ASDA Loans

When you’re searching for a loan, you might think the solution lies with a bank and not think to consider your local supermarkets. You might want to reconsider, because ASDA can help with a range of loans that might work for some people in certain circumstances.

With so many loans on the market right now, making the right choice can prove to be quite difficult. So, if you’re looking for a loan then use our comparison service to compare the deals available with our help.

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ASDA’s approach to loans

ASDA have partnered with other lenders to produce a product called Affordable Loans. These loans are principally aimed at customers with either no credit rating, or a low credit rating.

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Is it easy to apply?

ASDA’s online system is designed to give you an answer online and to put you in touch with a trusted partner. The whole process should take just 5 minutes.

What are ASDA’s interest rates?

As ASDA’s Affordable Loan solutions are provided by other third parties, they vary from area to area and by person to person, depending on individual circumstances and requirements.

Alternative loans

If you have no credit history or a poor credit score, finding credit can be difficult. Affordable loans could help you borrow money and, provided you meet the repayments on time, help you improve or build your credit score.

As the interest rate on these loans can be high, you might want to look for a loan which charges much less in the first instance. Even if you are unable to access regular credit, you should still shop around to make sure you are getting the best rate available.

Essentially, before you commit to any long-term financial product you should do your research. Use our loan comparison service and compare the personal loans we offer.

All ASDA loan details are based on information provided on money.asda.com/personal-loans/. Information correct as of the 9 November 2016.

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