WARNING: Late repayment can cause you serious money problems. For help, go to The Money Advice Service.
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Online Loans from £100 to £800 with Oakam

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Representative example: If you borrow £300 over 6 months at 279% per annum (fixed) you would make one repayment of £17.06 and 25 weekly repayments of £21.66. You would repay £558.56 in total. The total cost of credit would be £258.56.  Loan term lengths between 3 and 36 months. Minimum APR 67.97%. Maximum APR 1427.2%.



This loan may be suitable for you if:

  • You are paid weekly or prefer weekly repayments
  • You have recently moved to the UK or are Self Employed
  • You have been turned down for credit before or are receiving benefits

This loan may not be suitable for you if:

  • You need to borrow a larger amount than £800
  • You have current unspent CCJ’s or have been declared bankrupt
  • You are already in financial difficulty and wouldn’t be able to repay the loan

How it works...

Apply to Oakam using the form below. Applying won't affect your credit score^
We'll check your eligibility for a loan against the application criteria and if suitable, you’ll be sent to the Oakam website
If you are not eligible for an Oakam loan, we will try our other lenders to see if we can get you a loan elsewhere
If another lender accepts your application you’ll be redirected to their website

^In order to assess your suitability for a loan, lenders may perform a soft credit check, this does not harm your credit score and is not visible to other lenders. If you accept a loan offer, you will be redirected to the lender and they may ask to perform a full credit check.

Start your application to Oakam below...


The Oakam Loan

About Oakam

Since 2006 Oakam have have been lending to UK customers that may be considered financially excluded and have become one of the UK’s leading lenders for people with adverse credit.

More than 200,000 people have used Oakam to get access to funds that they need through their network of stores and more recently through online applications.

Oakam are an all-inclusive lender and will be able to consider applications from people in most circumstances.  Even if you are new to the UK or are receiving benefits, Oakam may be able to lend to you.

Eligibility Criteria

You must be over 18 years of age.

You must be a UK resident with an active bank account with online banking, mobile phone and debit card.

Your income must be more than £400 (salary and benefits)

All loans are subject to credit and affordability checks.


You can now apply for an Oakam loan online with the whole process being managed digitally, from application to signing your loan documents.

New customers can typically apply for up to £800 and once approved the loan will be transferred to your bank account on the same day.  There are no fees to apply and you can get an answer instantly online.  Oakam customers that repay their loans in accordance with the loan agreement may be eligible to borrow larger amounts in the future by upgrading to the Big+ loan, allowing you to borrow up to £5000 over a maximum period of 3 years.

The great thing about applying on allthelenders is that if Oakam cannot accept your application then we will search our comprehensive panel of lenders to see if any other lenders will accept you, saving you time and helping you to get the loan that you need.

Repaying an Oakam Loan

When you apply for a loan you will need to provide your upcoming pay dates as these will typically be the dates that you make your repayments.  Oakam Loans are repaid weekly which is important to remember.

Payments will be collected either from your debit card or from your bank account via Direct Debit, the choice is yours.  Oakam offer an impressive app that allows you to manage your loan and see all of your account activity in one simple place.

If you think that you might not be able to make a repayment on time or that you might default, it’s important that you speak to Oakam as soon as possible and. they will help you and it could help avoid additional fees and charges.

Oakam Limited is authorised & regulated by the Financial Conduct Authority.