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

For existing customers, we're taking steps to help ease the burden of loan repayment. Find out more about how we can help during this uncertain time. Read more

Welcome to Oakam

Hi and welcome to Oakam.  Great news, you’ve just been recommended by a friend, who thinks you’ll be interested in our loan service.

Want to know more about our loans?  Read on to find out more.  

The Oakam Loan is a short term loan to give you a helping hand, when you need it most.  Everyday emergencies happen. This loan was designed to give you less to worry about.

  • You could borrow from £200 to £1750 and pay it back over 3 to 12 months. 
  • Representative (variable) 1421% APR 

To qualify for an Oakam Loan, you;   

  • Must be 18 years or older
  • Must have an income of at least £400 (via benefits, salary, or self-employment)
  • Must be a UK resident for at least 6 months

The Lift Loan is for when opportunities arise.  Whether you’re seizing an opportunity, starting a course, or making a large purchase, don’t let your finances hold you back.

  • You could borrow £2000 to £5000 and pay it back over 12 to 36 months.
  • Representative (variable) 96% APR

To qualify for a Lift loan, you;

  • Must be over 18 years
  • Must have an income of at least £700 per month (from self-employment or employer).
  • Must be a UK resident for at least 6 months
  • Must be an existing customer

With both of our loan products

  • You will not be charged late fees
  • You could build your credit history
  • You can earn rewards from £10 - £30 for referring your friends
  • We will perform credit and affordability checks when you apply. We could also ask for addition documents to verify the information you give us when you apply. Find out more about what you need to apply.  

Still not sure about which loan to choose? Compare our loans to discover the best one for you.

Other loan products between £1000 and £5000 at different rates are also available

All loans are subject to status.  Terms and conditions apply