Loans

Can I settle my loan early?
Yes, you can settle your loan at any time during the loan term. Visit our page on early settlements to find out more about...
Can I increase my existing Tesco Bank loan?
If you already have a Tesco Bank Loan you can apply to borrow more once you have made 8 consecutive monthly payments on...
How long will it take to get my loan?
If you apply online, we try to give an instant decision to confirm if you are accepted, whether we need further information...
Can I change my payment date on my loan?
Providing you are the account holder, you can change your payment date by calling our Customer Service Team on 0345 600...
Can I sign my loan agreement digitally?
Yes. If you are applying online for a loan in your name only, and we are able to make you an offer without requiring any...
What happens when I apply for a Tesco Bank loan?
When you apply for a loan, a credit reference agency search will be carried out and a credit score will be calculated based...
Can I make additional payments to my loan?
Yes, you can do this at any time during the loan term and with no fees.

Take a look at our handy overpayment...
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
...
Can I change my Direct Debit?
Yes, you can amend your Direct Debit. However we are unable to make a change to your Direct Debit details in the period...
Is there a fee if I settle my loan early?
Yes, you may be charged up to two months interest if you decide to settle your loan early, though you may also be due an...