YouвЂ™re not only building a brighter financial future for yourself, youвЂ™ll be part of a like-minded community that is improving access to affordable credit for all when you take out an Oakam loan
Every day we help individuals because they achieve their cash objectives, build their credit profile and access better loan prices. In the exact same time, simply by using our mobile software to settle on time, Oakam clients are changing the financing industry, making credit more affordable and much more available for all.
Join our community of 150,000+ customers.
Great for all resources
Brand brand New customer? Start today with that loan from ВЈ100 to ВЈ750. Fast turnaround without any fees that are late
1421% APR representative (variable). Compare Oakam along with other loan providers right right here
*subject to terms
Apply with confidence
Fill our protected online application and get a determination in mins. Get accepted despite having advantages.
Begin your Oakam journey
Put your loan to focus. YouвЂ™re in your solution to a brighter future that is financial. Grow your credit score in the long run
Tailor your loan
Better pricing and larger loans. Borrow as much as ВЈ5,000 in the long run. Discover more
Join the 150,000+ customers that trust us
WeвЂ™re more than simply a cash loan provider: weвЂ™re for a objective to help make available credit a truth for many.
Install our mobile application
The Oakam app that is mobile permit you to use as well as assistance you handle your loan:
Reasons why you should join Oakam
Bad credit? We will pay attention
WeвЂ™ll tune in to your tale if you should be on benefits, have a bad credit rating or simply found its way to great britain. WeвЂ™ve caused it to be our mission to split down barriers that are financial enhance access for several.
No house visits – ever!
Cash is a personal matter and we keep it that method. Think about us as an option to doorstep loans. WeвЂ™ll never knock in your home and you will constantly achieve us online or higher the telephone.
No surprises that are hidden
At Oakam youвЂ™re constantly in control. You can easily select from regular or payment that is monthly. Our items are transparent and simple. We donвЂ™t charge late fees or penalise you for settling early.
Your bridge to a brighter future that is financial
You can unlock better rates, bigger amounts and longer terms as you pay back your Oakam loan. ItвЂ™s our means of working for you create your credit profile with time.
Earn rewards that are great OakamвЂ™s software
We the stand by position you whenever times are tough and reward our borrowers that are reliable. Begin earning points simply by getting our application, paying on some time referring friends.
Oakam provides simple and easy monetary solutions for individuals who battle to borrow from banks. You can expect responsible usage of credit and generally are specialized in serving our clients with respect.
Every time we help individuals while they achieve their money objectives, build their credit profile, and access better loan prices. During the time that is same through the use of our mobile application to settle on time, Oakam customers are changing the lending industry, making credit more affordable and much more available for everybody.
How can it work?
ItвЂ™s simple! You are able to use on our web site, or via our mobile application. The app may be downloaded through the Apple iStore for iPhone products, or regarding the Bing Enjoy shop for Android products. In case the application is authorized, the money could be delivered to your money regarding the day that is same. Many successful applicants get their loans within an hour or two of being authorized.*
*Subject to status. Regarding the form, we are going to ask you for the month-to-month earnings and spending in detail, so that you can concur that you really can afford the monthly repayments within the lifetime of the mortgage.
Does Oakam do a credit search?
Yes. But we try not to solely base our decision on your credit history. At Oakam we realize that life does not constantly get as planned. We comprehend you will probably have come across financial hardships in the past and also as a result, you’ve probably a bad credit rating. Unlike other loan providers though, Oakam will likely not immediately blacklist you have actually missed repayments. Your credit rating and affordability assessment help us comprehend your present situation whenever we assess the application for a financial loan.
Therefore, even if you’ve been declined by other loan providers in past times, we possibly may be in a position to help.
I’m a new comer to great britain. Can Oakam assist me with that loan?
Yes. We ask which you happen a resident in the united kingdom for at the least six months before you apply for a financial loan with us. All loans are at the mercy of affordability checks as well as your economic status. We welcome new clients each and every day and, because our application that is online process fully automatic, it is possible to apply if you want to, seven days per week. All our loans are susceptible to your monetary status.
Exactly what does APR suggest?
APR represents Apr.
The APR is a standard measure utilized across all credit services and products to aid customers compare the price of loans. Since the APR reflects the yearly price of fee for a financial loan, it isn’t constantly a simple measure to understand when comparing loans of various lengths.
The APR is, correctly, a comparison that is effective for similar products, and also to your APR, we constantly explain to you the sum total price of that loan additionally the individual instalments, for example. what you would repay in complete. We think these records offers you a fuller picture of the expense of our loans and may help you produce a decision that is informed certainly one of our loans would work for your needs.
I will be self-employed. Can we get a loan?
Yes, at the mercy of your economic status.
May I have application that is joint my partner?
No. We just provide to people so we usually do not accept applications that are joint.