Oakam has entered administration, however you can compare alternative providers.
Oakam stated that it provided a solution to financial exclusion, empowering those overlooked by traditional lenders. Putting that in plain English, Oakam lended to people who found it difficult to borrow from banks. Because it also reported repayment behaviour back to credit reference agencies, repaying an Oakam loan on time also helped you to build/rebuild a positive credit record.
Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk.
Please note: High-cost short-term credit is unsuitable for sustained borrowing over long periods and would be expensive as a means of longer-term borrowing.
| Name | Established | Loan types | ||
|---|---|---|---|---|
 |
The Oakam Loan / The Lift Loan | 2006 | Instalment loans | More info |
 |
Lending Stream Instalment Loan | 2008 | Instalment loans | Go to site |
 |
Moneyboat Short Term Loan | 2011 | Instalment loans | Go to site |
 |
QuidMarket Short Term Loan | 2011 | Instalment Loans | Go to site |
 |
Conduit Short Term Loan | 2012 | Instalment loans | Check eligibility |
As well as comparing short term loans with other types of credit, before you apply for a loan it’s a good idea to shop around and compare a range of lenders. You can use the table below to get an idea of how much the loan that you have in mind might cost.
