We’re more than simply a money-lender: we’re for a goal in order to make credit that is accessible truth for many.
Install our cellular application
The Oakam app that is mobile permit you to apply along with assistance you handle your loan:
- Make an application for a loan
- Look at your outstanding stability
- Visit your next payment time
- Assessment your repayment routine
Reasons why you should join Oakam
Bad credit? We will pay attention
We’ll tune in to your tale if you’re on advantages, have credit that is bad or perhaps found its way to the united kingdom. We’ve made it our goal to break down economic barriers and enhance accessibility for several.
No residence visits – ever before!
Cash is a matter that is private we ensure that is stays like that. Think of us as an option to doorstep loans. We’ll never ever hit on the home and you may 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 easy and clear. We don’t charge late charges and there’s no cost connected with repaying early.
Your bridge to a better economic future
You can unlock lower rates, bigger amounts and longer terms as you pay back your Oakam loan. It’s our means of assisting you to grow your credit profile in the long run.
Handle the Oakam app to your loan
Access your loan and payment routine by getting our app, thereby applying for tops ups and brand-new financial loans in tomorrow.
Faqs
Oakam provides easy and easy monetary solutions for those who find it hard to borrow from financial institutions. You can expect accountable usage of credit and generally are aimed at 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. At the time that is same by making use of our cellular application to settle on time, Oakam consumers are transforming the financing industry payday loans Lafollette Tennessee, making credit more affordable and much more obtainable for everybody.
How can it work?
It’s simple! You are able to use on our site, or via our cellular software. The application could be downloaded through the Apple iStore for iPhone products, or from the Bing Play shop for Android os products. In case the application is authorized, the money could be delivered to your bank account on the day that is same. Many successful prospects get their particular loans within a few hours to be authorized.*
At the mercy of status. From the form, we shall 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 throughout the lifetime of the mortgage.
Does Oakam execute a credit search?
Yes. But we try not to base our choice exclusively on your credit score. At Oakam we recognize that life does not go as planned always. We realize you will probably have come across financial hardships in yesteryear and also as a result, you’ve probably a bad credit rating. Unlike other loan providers though, Oakam will likely not instantly blacklist you have actually missed repayments. Your credit score and cost assessment assist us comprehend your existing circumstance once we assess the application for a financial loan.
Therefore, also if you have been declined by various other loan providers in past times, we would nevertheless be in a position to help.
I will be not used to the united kingdom. Can Oakam assist me with financing?
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 financial loan with us. All financial financial loans tend to be susceptible to cost checks along with your monetary condition. We welcome new clients each day and, because our application that is online process completely automatic, you are able to use if you need certainly to, seven days per week. Our financial financial financial loans tend to be susceptible to your economic standing.
So what does APR indicate?
APR represents Apr.
The APR is really a measure that is standard across all credit services and products to simply help customers compare the expense of financial loans. Since the APR reflects the yearly price of fee for a financial loan, it is really not constantly a effortless measure to comprehend when you compare financial financial financial loans of various lengths.
The APR is, consequently, a efficient comparison device for similar items, but additionally to your APR, we constantly explain to you the full total price of that loan additionally the specific instalments, for example. what you should repay in complete. We believe this information provides you with a fuller image of the expenses of your financial loans and may help you create a decision that is informed certainly one of our financial financial financial loans would work for your needs.
I will be self-employed. Can I have a loan?
Yes, at the mercy of your monetary condition.
Am I able to have shared application with my lover?
No. We just provide to people therefore we usually do not take applications that are joint.