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 apply to our loans:
- If the loan is to repay other debt (refinancing), the minimum age is 22 years old
- 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
