Effortless application for the loan
You’re not only building a brighter financial future for yourself, you’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 we support people as they achieve their money goals, build their credit profile and access better loan rates day. During the time that is same through the use of our cellular software to settle on time, Oakam clients are changing the lending business, making credit more affordable and more available for all.
Join our neighborhood of 150,000+ consumers.
Brand brand brand New buyer? Start these days with that loan from ?100 to ?800. Fast recovery without any late charges
279% fixed interest that is annual (1427% APR representative)pare Oakam along with other loan providers right here.
Current clients can borrow as much as ?5,000 and graduate to a yearly interest rate of 49% (variable) with this Big loan that is plus.
- Access less expensive prices in the long run and boost your credit score
- Rapidly graduate to prices less than numerous charge cards
- Borrow as much as ?5,000 while you grow your credit profile
- No setup fees. No late or very early payment costs
at the mercy of terms
Apply with full confidence
Fill our safe web application and get a choice in mins. No setup charges, no belated charges with no very early payment charges.
Begin your Oakam trip
Place your loan to work alongside the Oakam application, increase your credit score with time and create your method to a better monetary future.
Tailor your loan
Accessibility lower prices and bigger quantities as you repay your loan. Borrow as much as ?5,000 as time passes. Discover more
Get in on the 150,000+ customers that trust us
We’re more than simply a money-lender: we’re on a goal to produce available credit a truth for several.
Install our cellular software
The Oakam app that is mobile enable you to use along with assistance you handle your loan:
- Submit an application for a loan
- Look at your outstanding stability
- Visit your repayment that is next time
- Evaluation your payment routine
Reasons to join Oakam
Bad credit? We will tune in
We’ll hear your tale if you should be on benefits, possess credit that is bad or perhaps arrived in the united kingdom. We’ve caused it to be our goal to split down barriers that are financial enhance accessibility for several.
No residence visits – previously!
Cash is a matter that is private we ensure that is stays this way. Think about us as an option to doorstep loans. We’ll never ever hit on the home and you will constantly achieve us using the internet or over the device.
No surprises that are hidden
At Oakam you’re constantly in charge. Our products are transparent and simple. We don’t charge fees that are late there’s no cost connected with repaying early.
Your connection to a better economic future
While you pay off your Oakam loan, you are able to unlock reduced rates, larger quantities and longer terms. It’s our method of assisting you to grow your credit profile in the long run.
Handle your loan using the Oakam application
Access your loan and payment routine by getting our application, thereby applying for tops ups and loans that are new the near future.
Oakam provides easy and easy monetary solutions for those who find it hard to borrow from financial institutions. We provide accountable use of credit and are also focused on offering our clients with value.
Every we support people as they achieve their money goals, build their credit profile, and access better loan rates day. During the time that is same by utilizing our cellular software to settle on time, Oakam consumers are changing the financing industry, making credit more affordable and much more accessible for everybody.
So how exactly does it work?
It’s simple! It is possible to use on our web site, or via our cellular application. The software may be downloaded through the Apple iStore for iPhone devices, or regarding the Bing Enjoy shop for Android os products. If the application is authorized, the bucks could be delivered to your money regarding the day that is same. Many candidates that are successful their particular financial financial loans within an hour or two to be authorized.*
*Subject to condition. From the form, we’re going to ask you to answer for the income that is monthly and in information, to be able to concur that you really can afford the month-to-month repayments within the lifetime of the mortgage.
Does Oakam execute a credit search?
Yes. But we try not to solely base our decision on your credit score. At Oakam we realize that life doesn’t go as planned always. We realize 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 instantly blacklist you have actually missed repayments. Your credit score 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 financing?
Yes. We ask which you have now been a citizen in the united kingdom for at the very least six months before you apply for a financial loan with us. All financial financial financial loans tend to be at the mercy of cost inspections as well as your monetary standing. We welcome new clients each day and, because our web application procedure is totally computerized, you are able to use once you want to, seven days per week. Our financial loans tend to be at the mercy of your economic standing.
So what does APR suggest?
APR represents Annual Percentage Rate.
The APR is just a standard measure utilized across all credit items to aid consumers compare the expense of loans. Since the APR reflects the yearly price of fee for a financial loan, it isn’t constantly a easy measure to comprehend when comparing financial loans of various lengths.
The APR is, correctly, a comparison that is effective for similar items, and also to your APR, we constantly explain to you the full total price of that loan together with specific instalments, in other words. what you should pay off in complete. We believe these records provides a fuller image of the expense of your financial loans and should help you create a well-informed choice whether certainly one of our financial loans would work for your needs.
I will be self-employed. Can I get that loan?
Indeed, at the mercy of your monetary condition.
Can I possess application that is joint my companion?
No. We just provide to people therefore we don’t take shared programs.