We’re more than simply a money-lender: we’re on an objective in order to make credit that is accessible truth for many.

Install our cellular application

The Oakam app that is mobile enable you to apply along with assistance you handle your loan:

• Submit an application for a loan
• Look at your outstanding stability
• Visit your next payment time
• Evaluation your payment routine

Reasons why you should join Oakam

Bad credit? We will pay attention

We’ll tune in to your tale if you’re on benefits, have bad credit rating or simply found its way to great britain. We’ve caused it to be our goal to split down barriers that are financial enhance accessibility for several.

No residence visits – ever before!

Cash is a matter that is private we ensure that is stays in that way. Think about us as an option to doorstep financial financial loans. We’ll never hit in your door and you may constantly achieve us using the internet or higher the telephone.

No concealed unexpected situations

At Oakam you’re constantly in charge. Our items are transparent and simple. We don’t charge late charges and there’s no cost connected with repaying early.

Your connection up to a better financial future

While you pay off your Oakam loan, it is possible to unlock reduced rates, larger quantities and longer terms. It’s our method of working for you create your credit profile as time passes.

Handle the Oakam app to your loan

Access your loan and payment routine by getting our software, thereby applying for tops ups and brand-new financial loans in tomorrow.

Faqs

Oakam provides simple and simple monetary solutions for individuals who battle to borrow from financial institutions. We provide accountable use of credit and are usually aimed at serving 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, using our mobile software to settle on time, Oakam clients are changing the financing business, making credit inexpensive and much more available for everybody.

How can it work?

It’s simple! You are able to apply on our web site, or via our cellular software. The application could be downloaded through the Apple iStore for iPhone products, or regarding the Bing Enjoy shop for Android os products. In the event your application is approved, the money may be delivered to your money in the day that is same. Many successful applicants obtain their particular financial loans within a few hours to be authorized.*

Susceptible to condition. In the form, we are going to ask you to answer for the income that is monthly and in information, to be able to make sure you really can afford the month-to-month repayments within the lifetime of the mortgage.

Does Oakam do a credit search?

Yes. But we try not to base our choice exclusively on your credit history. At Oakam we recognize that life does not go as planned always. We realize you will probably have come across financial hardships in the last so that as an effect, you could have a bad credit score. Unlike other loan providers though, Oakam will likely not immediately blacklist you have actually missed repayments. Your credit score and cost 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 the united kingdom. Can Oakam help me to with that loan?

Yes. We ask which you have already been a citizen in britain for at the very least a few months before you apply for a loan with us. All financial financial financial loans tend to be at the mercy of cost inspections along with your economic condition. We welcome new clients every single day and, because our web application procedure is completely automatic, you can easily use when you want to, seven days per week. Our financial loans tend to be susceptible to your monetary standing.

So what does APR suggest?

APR signifies Apr.

The APR is really a measure that is standard across all credit services and products to aid customers compare the expense of financial financial financial loans. As the APR reflects the yearly price of cost for a financial loan, it’s not constantly a simple measure to realize when you compare loans of various lengths.

The APR is, appropriately, a efficient contrast device for comparable products, but additionally into the APR, we constantly explain to you the sum total price of that loan therefore the specific instalments, for example. what you should pay off in complete. We think these details offers you a fuller image of the expenses of our loans and may help you create a informed decision whether certainly one of our financial loans would work for your needs.

I will be self-employed. Can a loan is got by me?

Indeed, at the mercy of your monetary condition.

Am I able to possess a application that is joint my companion?

No. We only provide to people therefore we usually do not take applications that are joint.