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325%APR representative

Warning: Late repayment can cause you serious money problems. For help, go to

Bonus Loan Repayment Calculator

See typical repayment options by selecting the amount you wish to borrow and when you receive your income.

This repayment information is for illustrative purposes only. The repayment amounts and Bonus Reward stated assume that you are placed on the highest pricing status as a new Oakam customer (Bronze pricing) and that repayments are made on assumed dates. You will be shown your exact, personal loan options on application.

If you are an existing customer you may be able to borrow up to £5,000 and your pricing may differ depending on your pricing status (customers with Silver or Gold Pricing may pay lower interest). Call us or visit one of our stores for quotes on larger loan amounts.

I want to repay
I want to borrow
£200 £600
I want to repay over
3 Months 6 Months

Your weekly repayment is: £15

Total Bonus Reward: £60

APR: 597.1%

Total repaid after Bonus received: £330

Subject to status. Terms and conditions apply, please see our Bonus Loan page for more details.

Representative example: Borrow £250 for 26 weeks. Interest rate: 715% p.a. (variable). 632%APR representative (variable). Total amount to repay: £472 as £18 per week (first repayment £22). Total cost of credit: £222 including £25 admin fee and £10 payout fee. (Total cost of credit is reduced to £149.33 by Bonus Reward of £72.67 for making all repayments in full and on-time)

How we compare

See how Oakam compares to Provident for new customers.

Total cost for a loan repaid weekly over 3 months
£400Comparison Information
Not Available

*Oakam and competitor standard pricing for new customers with weekly repayments. Quoted on Provident's website correct of 10/10/2012.

Responsible Lending

Oakam is committed to responsible lending. Find out what you can expect from us and what to do if you should find yourself in financial difficulties.

Find Out More

How it works

It's simple! Just fill in an online form or call our multilingual advisors to book an appointment for a loan application in-store or over the phone. Then get the cash same day once your loan is approved.*

*Subject to status. We will ask you for your monthly income and expenditure in detail, in order to confirm that you can afford the monthly repayments over the life of the loan. To receive money the same day, the phone application has to be finalised by 1pm.

This is a high-cost credit product suitable for short-term needs and not for longer-term borrowing. All loans are subject to creditworthiness and affordability assessments.