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Loans

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 three years
  • For loans under £15,000 the maximum term is five 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 seven years
  • For a joint application, the main applicant's bank details must be the named account used for making repayments
Comments
Loan £9500

@Tesco1212 you can find full details on our Loans product in the following link http://www.tescobank.com/loans/ I hope this information helps.

Hi! Do I call from the subscription or application filling for the 30 days?

Hi @Andras1985! Can you elaborate on what you mean please? Are you looking for an update on your application? 

Ive just applied for a loan and got a reference number but dont know if i was accepted for the loan? 


@Amanda_C wrote:

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

 

  • You're in full time employment with no probationary period or you've been self employed for over two years 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 three years

 

  • For loans under £15,000 the maximum term is five 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 seven years

 

  • For a joint application, the main applicant's bank details must be the named account used for making repayments

 


 

Hi @Lillian073, we wouldn’t be able to confirm the outcome of your application via this channel. However, if you give us a call on 0345 600 6016 we can confirm this for you. Lines are open Mon - Fri: 8am - 10pm and Sat - Sun: 9am - 5pm.

Hi,
Can I apply for tesco bank loan if I do not have account in tesco bank. If so when I ring the number to discuss loans , it asks me for my bank account number. Should I use my bank account number or is there other way of contacting tesco bank to discuss loan.

Regards, Edgars

Hi @doublefacy, if you can call us on 0345 600 6016 you should get straight through to speak to an advisor. Lines are open Mon - Fri: 8am - 10pm
Sat - Sun: 9am - 5pm - Ross

🤔

Hi I applied for a loan after repaying one off with you.

 

I've had no email confirmation, apart from a survey feedback one to do. Can you help? Don' know if it's accepted or Not,if further info is needed or anything.

Thanks