Apply with full confidence
Fill our safe application that is online get a determination in moments. No setup charges, no belated costs with no very early payment charges.
Begin your Oakam trip
Place your loan to utilize the Oakam software, increase your credit score with time and create your option to a better financial future.
Tailor your loan
Accessibility lower prices and larger quantities as you repay your loan. Borrow as much as ?5,000 in the long run. Get more information
Get in on the 150,000+ consumers that trust us
We’re more than simply a money-lender: we’re on a objective to create obtainable credit a truth for many.
Install our cellular software
The Oakam app that is mobile permit you to use along with assistance you handle your loan:
- Make an application for a loan
- Check your outstanding stability
- Visit your repayment that is next time
- Review your payment schedule
Reasons why you should join Oakam
Bad credit? We are going to pay attention
We’ll tune in to your tale if you’re on advantages, have a bad credit rating or simply just found its way to the united kingdom. We’ve caused it to be our objective to split down economic barriers and boost accessibility for several.
No house visits – previously!
Cash is a personal matter and we ensure that is stays by doing this. Think about us as an option to doorstep financial loans. We’ll never hit on the home and you may constantly achieve us using the internet or higher the device.
No concealed shocks
At Oakam you’re constantly in charge. Our items are easy and clear. We don’t charge late costs and there’s no cost connected with repaying early.
Your connection to a better future that is financial
While you pay off your Oakam loan, you can easily unlock reduced prices, larger quantities and longer terms. It’s our method of assisting you create your credit profile with time.
Handle your loan aided by the Oakam application
Access your loan and payment routine by downloading our application, thereby applying for tops ups and loans that are new the long run.
Faqs
Oakam provides direct and easy monetary solutions for individuals who battle to borrow from banking institutions. You can expect accountable usage of credit and tend to be focused on providing our consumers with value.
Every we support people as they achieve their money goals, build their credit profile, and access better loan rates day. During the same time, by making use of our mobile software to settle on time, Oakam consumers are changing the financing business, making credit more affordable and much more available for all.
So how exactly does it work?
It’s simple! You are able to use on our internet site, or via our mobile application. The software could be downloaded through the Apple iStore for iPhone products, or regarding the Bing Enjoy Store for Android os products. Should your application is authorized, the money could be delivered to your money regarding the same time. Many candidates that are successful their particular loans within a few hours to be authorized.*
At the mercy of condition. Regarding the form, we shall ask you to answer for the income that is monthly and in detail, to be able to make sure you really can afford the month-to-month repayments throughout the lifetime of the mortgage.
Does Oakam do a credit search?
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Yes. But we try not to solely base our decision on your credit rating. At Oakam we recognize that life does not constantly get as prepared. 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 various other lenders though, Oakam will likely not immediately blacklist you have actually missed repayments. Your credit score and cost assessment help us comprehend your present circumstance once we 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’m not used to the united kingdom. Can Oakam help me to with financing?
Yes. We ask which you have-been a citizen in the united kingdom for at the very least half a year before you apply for a financial loan with us. All loans tend to be susceptible to affordability inspections along with your economic standing. We welcome new clients each day and, because our web application procedure is completely automated, you are able to use once you need certainly to, seven days per week. Our financial loans tend to be at the mercy of your economic standing.
So what does APR indicate?
APR represents Apr.
The APR is just a measure that is standard across all credit services and products to assist customers compare the price of financial financial financial loans. As the APR reflects the yearly price of fee for a financial loan, it isn’t constantly a effortless measure to comprehend when you compare financial loans various lengths.
The APR is, appropriately, a comparison that is effective for comparable items, but additionally into the APR, we constantly explain to you the sum total price of that loan in addition to individual instalments, for example. what you would pay off in complete. We think these records provides you with a fuller image of the expenses of your financial loans and really should help you produce a well-informed choice whether certainly one of our financial financial financial loans would work for your needs.
I will be self-employed. Can a loan is got by me?