If you need to borrow money fast, you’ll want to find a reliable alternative to loans like Oakam. With the company unable to provide further lending currently, choosing the right alternative to loans like Oakam can ensure you are not left waiting and can resolve your situation quickly. Here at Fast Loan UK, we can provide short term loans with affordable repayments that match your circumstances. Whether you have great or poor credit, we can look to help where other lenders are unable to, providing fast access to cash up to £2,000.
If you are ready to start an application today, just click apply now and we can provide an agreement in principle quickly. Rather than spend time searching through direct lenders that offer loans like Oakam, you can resolve your short term position fast with a loan at Fast Loan UK and get same day cash where possible. Learn more about our loan options below and how you can apply today.
Who Are Oakam?
Oakam are a lender of short term and personal loans, allowing customers to borrow up to £1,750. As they can help both those needing short term cash and long term repayment options, they also offer up to £5,000 for customers who have borrowed before through Oakam and have successfully repaid. First time customers can borrow up to £800. The repayment terms available with loans like Oakam range from 3 – 12 months, enabling customers to choose the terms best for them. Currently, Oakam are unable to provide lending due to a relaunch, meaning those who have used them before or have found them online need to find an alternative. There are plenty of loans like Oakam direct lenders to consider, so finding a suitable option to help overcome your short term position is important.
Here at Fast Loan UK, we can provide the same day loans you are looking for and help you resolve your situation fast. Whether you have an emergency repair bill to settle or an essential payment that won’t wait until your next payday, we have affordable terms to choose from and a quick application process that won’t leave you waiting. Similarly to Oakam, we can provide new customers with an £800 first time loan, with flexible repayments of up to 8 months available, as well as Loans like Provident. Ready to see if you can get quick approval? Just click apply now to fill in our short application form and get a decision in minutes.
Alternative Loans Like Oakam Direct Lenders
We know how vital it is to choose a trusted lender when looking for a loan. Whether you have had loans like Oakam before or other payday loans that can be ideal for emergency borrowing, it’s important to choose authorised lenders. At Fast Loan UK, we are authorised by the Financial Conduct Authority (FCA) to provide affordable loans that match your circumstances. We take responsible lending seriously, ensuring FCA guidelines are followed to help you make a financially savvy decision.
Fast Loan UK are FCA approved, so when browsing your options, make sure the lender you choose is also authorised. If you are not sure, you can check a lender’s details on the FCA register, with their authorisation number published on their website. You’ll then be confident in applying online, with our loans providing transparent terms and no hidden fees.
Representative example:
Borrow: £500 over 16 weeks. 4 repayments of £183.59. Total amount payable £734.36. Interest rate: 151.4% pa (fixed). Representative 766.18.% APR.
You can use our loan calculator to see how much our small loans will cost before proceeding with your application. Once you’re happy with the repayments for the loan you require, click apply now, and we can assess your affordability.
Why Choose Fast Loan UK?
If you’re looking to apply today and you are unsure which lender to proceed with, here are some of the reasons to choose Fast Loan UK. We do not provide long term borrowing options, with our loans designed for short term use only. We have helped many customers resolve their short term emergency when they are short on savings and have no other available options. If successful, you could have the cash the same day to use and repay over the repayment term you choose.
- Quick online application process
- Loans up to £2,000, maximum of £800 for new customers
- Flexible loan repayments of up to 12 months
- Transparent terms and no hidden fees
- Same day cash once approved
- Fully online application and approval
- Bad credit applicants welcome
- Customer-focused service
- Dedicated Customer Care Manager for every applicant
Eligibility for Alternative Loans Like Oakam
We want to help as many people as possible get the financial assistance they need in a hurry, so we welcome applicants who may not have a perfect credit rating. To apply for unsecured loans at Fast Loan UK, you will need to meet the following eligibility requirements:
- Aged 18 years or over
- Be a current UK Resident
- Be in Full-time, Part-time or Self-Employment
- Receive a Regular Income
- Be able to Provide Bank Account and Debit Card details.
Whilst we do provide no guarantor loans, we work to responsible lending guidelines to ensure the loan is affordable for you. When you apply, you will be assigned a personal Customer Care Manager who will oversee your application. If they have any details they need to confirm with you, they will call, but this shouldn’t take longer than 5 minutes to do. Most of the time they will have all the information they need when performing credit and affordability checks.
Once approved, you’ll be sent your loan agreement digitally to sign which can be done easily from your smartphone or tablet. Once signed, we can process the loan amount to your bank account the same day, sometimes as quickly as within 15 minutes of signing.
Apply Now for a Fast Loan with Same Day Approval
To start your application today for our alternative loans like Oakam, just choose the amount and terms you want to borrow and click apply now. You can be approved in minutes and have the cash to spend to settle your short term position quickly. Any questions? Please contact us to find out more or browse our FAQs for more information.
We cannot approve applications from those in financial difficulties. Please ensure before applying that the loan you need is affordable and that repayments can be maintained. For further financial assistance, please contact Money Helper.
FAQs - Loans Like Oakam
Are Oakam Still Lending?
Oakam are unable to provide lending options currently, so if you are looking for a short term cash loan, we can help at Fast Loan UK. As a new customer, you can apply for up to £800 and choose repayment terms up to 8 months. We provide transparent repayments so you can see how much the loan you want will cost with no hidden fees, helping you spread the costs with flexible, affordable repayments. Our application process is quick and completely online, so apply now to see how we can help.
Can Fast Loan Help Those with Poor Credit like Oakam?
Yes, we welcome applicants with varying credit histories, so if you have a history of bad credit, we may still be able to help. You will need to show you can afford the loan you want, and your Customer Care Manager will fully assess your credit history and affordability. As our loans are designed for short term use only, you will need to ensure this type of borrowing is right for your circumstances.
Do Loans Like Oakam Provide Same Day Cash?
Yes, if your bank supports the Faster Payments System, you could receive the approved loan amount the same day. Loans like Oakam direct lenders want to provide quick access to cash when you need it most, so if you successfully apply with us, we will transfer the funds quickly. Many applicants receive the funds within 10 minutes of signing their agreement. Please note, at weekends or bank holidays this may take longer.