Credit cards, loans, ISAs: how Tesco and Sainsbury's beat the banks

Another day, another market-leading deal is launched by a supermarket.

This time Tesco has slashed the rate charged on its larger personal loans, those of between £15,000 and £25,000. The supermarket giant now boasts a representative APR of just 6.9% for these loans, down from 7.2%.
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