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 we support people as they achieve their money goals, build their credit profile and access better loan rates day. In the exact same time, simply by using our mobile app to settle on time, Oakam clients are changing the financing industry, making credit less costly and much more available for everybody.
Join our community of 150,000+ clients.
Great for all resources
brand New consumer? Begin with a loan from ВЈ100 to ВЈ750 today. Fast turnaround with no fees that are late
1421% APR representative (variable). Compare Oakam along with other lenders here
*subject to terms
Apply with full confidence
Fill our secure online application and get a choice in minutes. Get accepted despite having benefits.
Begin your Oakam journey
Place your loan to function. YouвЂ™re on your journey to a brighter financial future. Create your credit history as time passes
Tailor your loan
Better pricing and bigger loans. Borrow as much as ВЈ5,000 as time passes. Learn more
Get in on the 150,000+ customers that trust us
WeвЂ™re more than just a cash loan provider: weвЂ™re on an objective to produce credit that is accessible truth for several.
Install our mobile software
The Oakam app that is mobile enable you to use along with assistance you handle your loan:
Reasons why you should join Oakam
Bad credit? We are going to pay attention
WeвЂ™ll tune in to your story if you should be on advantages, have credit that is bad or simply found its way to great britain. WeвЂ™ve caused it to be our objective to split down economic barriers and enhance access for several.
No home visits – ever!
Cash is a personal matter and we ensure that is stays in that way. Think about us as an option to doorstep loans. WeвЂ™ll never ever knock on your own home and you may constantly reach us online or higher the telephone.
No concealed shocks
At Oakam youвЂ™re constantly in control. You are able to choose from regular or payment that is monthly. Our items are transparent and simple. We donвЂ™t cost late charges or penalise you for settling early.
Your bridge to a brighter future that is financial
While you pay off your Oakam loan, it is possible to unlock better prices, bigger quantities and longer terms. ItвЂ™s our method of working out for you grow your credit profile with time.
Earn rewards that are great OakamвЂ™s software
We uphold you whenever times are tough and reward our borrowers that are reliable. Begin earning points simply by downloading our software, having to pay on some time referring buddies.
Oakam provides direct and easy monetary services for those who battle to borrow from banking institutions. We provide accountable use of credit and tend to be aimed at serving our clients with respect.
Every day we support individuals while they achieve their cash objectives, build their credit profile, and access better loan prices. In the same time, making use of our mobile software to settle on time, Oakam clients are transforming the financing industry, making credit less costly and more available for everybody.
How can it work?
ItвЂ™s simple! You are able to use on our internet site, or via our mobile application. The app may be downloaded through the Apple iStore for iPhone devices, or in the Google Enjoy shop for Android os products. Should your application is authorized, the money is provided for your money in the day that is same. Many candidates that are successful their loans within an hour or two to be authorized.*
*Subject to status. In the form, we’re going to ask you for the income that is monthly and in information, to be able to make sure you really can afford the month-to-month repayments on the life of the loan.
Does Oakam do a credit search?
Yes. But we try not to solely base our decision on your credit rating. At Oakam we realize that life does not always go 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 other lenders though, Oakam will perhaps not automatically blacklist you have actually missed repayments. Your credit rating and affordability assessment assist us comprehend your present situation as soon as we assess the application 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 the united kingdom. Can Oakam help me to with that loan?
Yes. We ask you have now been a resident in britain for at the least six months before applying for a financial loan with us. All loans are susceptible to affordability checks along with your economic status. We welcome new clients each day and, because our application that is online process completely automated, you can easily apply when you have to, seven days per week. All our loans are susceptible to your financial status.
Exactly what does APR mean?
APR represents Apr.
The APR is a measure that is standard across all credit products to aid customers compare the price of loans. Since the APR reflects the yearly price of cost for the loan, it is really not always a effortless measure to realize when you compare loans of various lengths.
The APR is, properly, a comparison that is effective for comparable services and products, but additionally into the APR, we constantly explain to you the total price of that loan and also the specific instalments, in other words. what you should pay off in complete. We think these details provides you with a payday loans North Carolina fuller image of the expenses of our loans and really should help you create a decision that is informed certainly one of our loans would work for you personally.
I will be self-employed. Can I have that loan?
Yes, at the mercy of your economic status.
May I have application that is joint my partner?
No. We only provide to individuals therefore we usually do not accept joint applications.