• Am I eligible for a Tesco Loan?

    To apply for a Tesco Bank Loan you need to meet the following criteria:

    • Aged between 18 and 74. You must be aged under 75 at the end of your loan term
    • Be in employment with no probationary period, or have a regular income e.g. pension
    • You've lived in the UK for at least three years
    • You have a UK personal current account

    Please note the following criteria which applies to our loans:

    • If the loan is to repay other debt (refinancing), the minimum age is 22 years old
    • For loans under £3,000 the maximum term is 3 years
    • For loans under £15,000 the maximum term is 5 years, except for loans for home improvements which is 10 years
    • For loans over £15,000 the maximum term is 10 years, except for refinancing which is 7 years
    • For a joint application, the main applicant's bank details must be the named account used for making repayments
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