Apply with full confidence
Fill our protected web application and get a determination in minutes. No setup costs, no belated costs with no repayment that is early.
Begin your Oakam trip
Place your loan to do business with the Oakam software, increase your credit history as time passes and grow your solution to a better future that is financial.
Tailor your loan
Access lower prices and larger quantities as you repay your loan. Borrow as much as ?5,000 as time passes. Get more info
Get in on the 150,000+ customers that trust us
We’re more than simply a money-lender: we’re for an objective to produce obtainable credit a truth for many.
Install our cellular application
The Oakam app that is mobile permit you to use along with assistance you handle your loan:
- Make an application for a loan
- Look at your outstanding stability
- Visit your repayment that is next time
- Assessment your repayment schedule
Reasons why you should join Oakam
Bad credit? We are going to tune in
We’ll tune in to your tale if you should be on advantages, possess credit that is bad or perhaps found its way to the united kingdom. We’ve caused it to be our goal to split down barriers that are financial boost accessibility for several.
No house visits – previously!
Money is a personal matter and we ensure that is stays in that way. Think about us as an option to doorstep financial financial loans. We’ll never ever hit on your own home and you will constantly achieve us using the internet or higher the telephone.
No surprises that are hidden
At Oakam you’re constantly in charge. Our items are quick and clear. We don’t charge late costs and there’s no cost connected with repaying early.
Your connection to a better monetary future
While you pay off your Oakam loan, you are able to unlock reduced prices, larger quantities and longer terms. It’s our method of assisting you to create your credit profile with time.
Handle your loan with all the Oakam software
Access your loan and payment routine by getting our software, thereby applying for tops ups and loans that are new the long run.
Oakam provides direct and easy monetary services for individuals who battle to borrow from financial institutions. We provide responsible usage of credit and generally are aimed at offering our clients with value.
Every time we help men and women because they achieve their cash objectives, build their credit profile, and access much better loan rates. During the time that is same through the use of our cellular software to settle on time, Oakam consumers are changing the financing business, making credit less costly and much more obtainable for everybody.
How can it work?
It’s simple! You’ll use on our site, or via our cellular application. The software may be downloaded through the Apple iStore for iPhone products, or from the Bing Enjoy shop for Android os products. When your application is authorized, the bucks may be provided for your money in the exact same time. Many candidates that are successful their particular financial financial loans within an hour or two to be authorized.*
Susceptible to condition. Regarding the application, we are going to ask you for your monthly earnings and spending in information, to be able to concur that you can afford the month-to-month repayments within the lifetime of the mortgage.
Does Oakam do a credit search?
Yes. But we usually do not solely base our decision on your credit rating. At Oakam we realize that life does not constantly get as prepared. We comprehend you may have a poor credit history that you may have run into financial difficulties in the past and as a consequence. Unlike various other loan providers though, Oakam will likely not immediately blacklist you have actually missed repayments. Your credit rating and affordability assessment assist us comprehend your situation that is current when assess the job for a financial loan.
Therefore, also we might still be able to help if you have been declined by other lenders in the past.
I will be not used to great britain. Can Oakam assist me with that loan?
Yes. We ask which you have already been a citizen in the united kingdom for at the very least a few months before you apply for a financial loan with us. All financial financial financial loans tend to be at the mercy of cost inspections along pop over here with your economic standing. We welcome new clients each and every day and, because our application that is online process totally automatic, you can easily apply if you want to, seven days per week. Our loans tend to be at the mercy of your monetary condition.
So what does APR imply?
APR represents Apr.
The APR is just a standard measure made use of across all credit services and products to assist customers compare the price of financial loans. Since the APR reflects the yearly price of cost for a financial loan, it is really not constantly a measure that is easy realize when you compare loans various lengths.
The APR is, properly, a efficient contrast device for comparable items, but additionally into the APR, we constantly explain to you the full total price of financing in addition to specific instalments, in other words. what you will really pay off in complete. We think these records provides you with a fuller image of the expenses of your financial financial loans and may help you produce a informed decision whether certainly one of our financial financial loans would work for you personally.
I will be self-employed. Can I have that loan?