Education Loan Company
Tesco Finance
In 1919, Jack Cohen founded Tesco in London’s East End. He sold his surplus groceries from his stall and he made a £1 profit on his first day of business! Ten years later Jack opened his first Tesco store in Edgware, North London, and, as they say, the rest is history!
Tesco’s now have over 2,500 stores (supermarkets, hypermarkets and convenience stores) in UK, Ireland and Europe ad well as Asia. And, like many of its rivals, offers so much more than groceries! It sells everything from contact lenses to DVDs: clothing to flowers; music to electrical goods; and, personal finance!
The Tesco personal finance range includes mortgages, insurance (car, home, car breakdown, pet, life and travel insurance), credit cards, savings (including instant access savings) travel money, premium bonds and loans.
Benefits of a Tesco personal loan include:
- a two month repayment holiday at the start of your loan;
- borrowing from £3,000 up to £25,000;
- applications can be made online or over the ‘phone, or pick up a leaflet in-store,
- no set up fees
- joint applications available
- you can transfer balances from other cards and loans too
- fixed interest rates so your repayments will never change
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