Finio loan calculator

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Calculate the cost of a Finio loan

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Finder Score	Loan amounts	Loan terms	Fee	Repayments
5.7Standard Finio Loans Personal Loan	5.7Standard	£500 - £5,000	1 year - 3 years	0%	£111.75 (£4,022.99 overall) Representative Example: Representative 39.9% APR fixed. Based on a loan of £2,500 for 36 months at 39.9% p.a. Total £4,022.99 repayable at £111.75 per month.	Representative Example: Representative 39.9% APR fixed. Based on a loan of £2,000 for 24 months at 39.9% p.a. Total £2,785.68 repayable at £116.07 per month.	Check eligibility View details Compare product selection Compare	loading

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Finder Score for unsecured loans

To make it even easier to compare and evaluate unsecured loans we came up with the Finder Score. Speed, features and flexibility across 60+ lenders are all weighted and scaled to produce a score out of 10. The higher the score the better the lender – simple.

Read the full methodology

• How our calculator works

  Our calculator lets you pick how much you want to borrow over a time frame that suits you, so you can estimate how much you would pay back each month and pay back overall. We base our calculations on Finio’s representative APR, but it’s important to note that your circumstances can affect the rate you’re offered.

Finio Loans loan rates at a glance

The Finio Loans Personal Loan charges 39.9% APR representative on loans between £1,000 and £5,000. Finio Loans offers the unsecured personal loan with repayment terms between 1 year and 3 years, and applicants can apply to borrow from £500 to £5,000.

Key features of a Finio loan

What is Finio Loans?

Finio Loans is owned by Oakbrook Finance and offers unsecured personal loans aimed at those with poor credit. You can borrow from £500 to £5,000 over a term of 1 year to 3 years. Finio Loans is regulated and authorised by the Financial Conduct Authority (FCA).

As well as looking at your credit score to establish your creditworthiness, Finio Loans may use Open Banking to connect to your bank account and get a clearer picture of your financial situation. This helps the company to assess whether your loan will be affordable and right for you.

Am I eligible for a Finio Loan personal loan?

To be eligible for a Finio Loan personal loan, you will need to:

• Be aged 18 to 73.
• Be a UK resident.
• Have some UK credit history.
• Have a UK bank account.

You can apply for a loan even if you have a poor credit score, so long as you haven’t been made bankrupt in the last 12 months.

Finio Loans offers an eligibility checker so you can see how likely you are to be accepted for a loan and get your personalised rate without affecting your credit score.

How to apply for a Finio loan

If you want to apply for a Finio loan, follow the steps below:

1. Check your eligibility. Answer a few questions and provide your contact details and address history via Finio’s eligibility checker to see whether you’ll be accepted.
2. Complete your application. If you’re happy with your personalised offer, complete the online application form and a full credit check will be carried out.
3. Funds are transferred. Once your application is accepted, the funds will usually be sent to your bank account the same day – often in as little as 10 minutes.

Note that, in some cases, you might be asked to provide supporting documents, such as a copy of your driving licence or proof of income. You can upload this online as part of the application process.

Once you’ve received the funds, you’ll have a simple online account to help you manage your repayments.

How much does it cost?

Finio loans have a representative APR of 39.9%. However, the APR offered depends on your individual circumstances and could be higher.

There are no arrangement fees or early repayment fees to pay with Finio loans. However, the firm will charge interest if you decide to pay back your loan early. It can charge up to 28 days’ interest to cover the period between your last repayment date and the settlement date.

It’s important to only ever borrow an amount you can afford to repay and make sure your monthly repayments are manageable.

All interest rates are fixed for the duration of your repayment period. However, the rate you’re offered depends on factors including the amount you apply for, the loan term, your credit rating and your income. It may differ from the advertised “Representative APR”.

What do customers say about Finio Loans?

77% of customers we surveyed in 2026 would recommend Finio Loans to a friend.

It provides an accessible option with a fast application process, often releasing funds on the same day.

While some users report helpful customer service capable of arranging temporary reduced payment plans during difficult periods, others experienced the opposite, citing inflexible support when struggling with late payments. Given its market position, users consistently note that the interest rates are understandably high.

AI-generated summary from the text of customer reviews on Finder.

Frequently asked questions

• How long does a Finio loan take to get?

  Once you’ve applied for a loan, you should get a decision within 24 hours. If accepted, the funds are usually transferred to your account on the same day. In some cases, it may be the next working day.

• Can I top up my Finio loan?

  Yes, as long as you’re approved, you can top up your loan. Finio Loans adds any existing balance to the additional money you want to borrow and creates a new loan for the new total amount.

• Who is Likely Loans?

  Likely Loans was a loan provider owned by Oakbrook Finance. However, it has been replaced by Finio Loans.

Written by

Rachel Wait

Writer

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Rachel Wait is a freelance journalist and has been writing about personal finance for more than a decade, covering everything from insurance to mortgages. She has written for a range of personal finance websites and national newspapers, including The Observer, The Mail on Sunday, The Sun and the Evening Standard. Rachel is a keen baker in her spare time. See full bio