Oakam

The story of Oakam Loans began in 2006, when founder Frederic Nze realised that countless individuals did not have access to affordable and convenient online credit. He had a vision to make easy loan services available to a greater number of individuals.

Simple, transparent financial services

Our aim is to bring simple and transparent financial services to those that have been ignored by traditional institutions. This is done through Fintech innovation. Digital innovation is what has enabled Oakam to provide a solution to those experiencing financial exclusion from traditional lenders and banks.

Benefits of using Oakam payday loans

Bad credit loans available
Whether you are on benefits, have a bad credit history or just arrived to the UK, we will be happy to assist you. It is our endeavour is to break down financial barriers and provide easy access to payday loans.

No home visits
Your finances are of a private nature and we keep it that way.  We are always available online, over the phone or your nearest store.

No hidden
At Oakam, we like to put you in control of your finances. You have the option from weekly or two-weekly repayment options. All our personal loans are simple and transparent and we do not charge late fees or early repayment penalties.

Everyday emergencies happen and that is when you need an Oakam Loan that allows you to borrow from £200 to £1750 and with repayment terms of three to 12 months.

Transparent rates

Use our online calculator to determine the exact quick loan amount that will be repaid over the repayment period you have chosen. The actual rates and repayments of payday loans may differ and will be based on your personal circumstances, the loan amount and term. For an Oakam Loan the APR you could receive ranges between a minimum of APR 223% and a maximum APR of 1,596.1%.

Brighter financial future

We give you the tools to build a brighter financial future. With positive repayment behaviour, customers are able to top-up their loans at a lower price or borrow up to £5,000.

Earn great rewards with Oakam’s app

Rewarding your loyalty is how we value our customers. All you need to do to start earning points is to simply download our app, pay on time and refer friends.

Increased efficiency

We use an omnichannel to increase efficiency and we make accessing credit more convenient and rewarding. The aim of our business is to open up new opportunities for customers across the UK who are in need of a payday loan.