Rating based on 37 reviews



  • Payday loans up to £5,000
  • Low-interest starting from 149%
  • Repayment up to 36 months

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Oakam homepage

Author Oakam. Screenshot of Oakam website. [Accessed September 8, 2021]

About Oakam

Since 2006, when our company came into being, we have strived to do no more than help our fellow man grow financially.

To this day we hold the same core value dear, knowing that your financial security is over utmost paramount. Without the trust and support of our customer, Oakam would not be where it is today. 

Who is Oakam?

We are a digital micro-lender that supplies generous short-term loans to UK citizens. Just got to the UK and trying to get on your feet while you earn your citizenship? We can help, and we’re willing to give you the benefit of the doubt where other lenders may well overlook your application. We offer same day loan approval, so we can set your heart at ease faster than most loan companies could.

We’re on your side every step of the way

We’re not interested in bothering you with high fees, hidden costs and visits at your door. We just want to do what we can to help you to reach financial security. Our only true aim is to bring up the UK’s credit score, by helping one citizen at a time. We even offer bad credit loans, as it IS easy enough to lower your credit score unintentionally.

Oakam Services

Oakam has a unique focus on payday loans. Things happen, often it can be inconvenient to take out a loan, but not with short-term and payday loans.

Sometimes a short, small boost is what a person needs to make it through the last of the month, take care of those irritating surprise costs that crept up on you, or a surprise inconvenience that leaves you or a loved one in need of attention, which is usually expensive.

How we prefer to do business

We like to work past those costs with a small, month or 3 month payday loan, which is much more efficient. Payday loans are our company’s focus. We offer loans that can span a total of 30 days, or up to 3 months. Arrangements can be made for larger loan amounts to be taken at a longer repayment period, but these are in exceptional circumstances.

Quick, Short-term loans for the UK

We offer a service that has no hidden costs, and a flexible payment plan. This keeps things easy, as you have convenient access to not only your loan information, but a top-up function that can add a little more should need be.

Oakam – Payday loan

  • Loan Type Payday loans
  • Interest Rate from 149%
  • Loan Amount up to £5,000
  • Repayment 3 months to 36 months

Benefits of Oakam

  • Apply for a loan even with a bad credit history
  • Improve your credit score
  • Apply online and get approved fast

Payday loan calculator


The interest rate of a loan will vary based on your credit score and risk profile.

This loan calculator is for illustration purposes only.
The use of this Online loan calculator is subject to our terms of use.

There are countless ways you stand to benefit from taking a loan with Oakam

But, why should you choose Oakam over another loan company? That is a fine question. For various reasons of course! 

We have a rewards program set out for our return customers, we keep our APR as low as possible just for you, and we charge no extra fees.

No extra fees?

That’s right, no hidden costs, no late fees, and no obscene interest rates that would usually destroy your pocket. We even have a diverse, dedicated group f assistance staff that speak a grand total of over 20 languages, here to help you regardless of what your question or worry may be. We’re always just a phone call away. But don’t take our word for it, check out some of customer reviews on the site, or on TustPilot.com, where you can see how we’ve earned our 4.5 star rating. And even after all that, we have a strong degree of personalization set to all of our clients, as we feel that makes taking a loan with a company a much greater pleasure.

We tailor-make your loans

We ensure that you get exactly what you need out of your loan with this aspect of our policy, making sure you’re comfortable with everything that happens throughout. Check out our loan comparison tool on our website – This will help you look through your options, which loans work best for you and your needs, and the cheapest, easiest way forward. We have a loan for every need or whim. Typically we off loans in two forms:

  • A payday loan amount ranging from £200 to £1750
  • A larger short-term loan amount, ranging from £1000 to £5000

The first of these two options is a quick and easy process. The second one is as well, but will be dealt with primarily by our sibling company Lift Loans. Our average APR ranges from 149% to 336%, obviously this is all relative to the amount and time period you take a loan with us for.

Taking a step forward with Oakram

We also aim to bring the UK into a new age of technological savvy, by making our transactions simplest and easiest by mobile device and smartphone. We just think that’s the best way forward! But, above all, we aim to bring financial empowerment to the one taking the loan, the client, you. Let us show you how we can do that.

man holding thumbs up

Oakam is a trusted & reliable provider of payday loans

In our review, Oakam adheres to the compliance criteria in accordance with the Financial Conduct Authority, where the granting the loan will not cause financial distress to the consumer.

Oakam is a registered credit provider in the UK; FCA number 678734

Customer Reviews & Testimonials

May 2019

Short term loans at their finest – There is no one I trust more than Oakam. There 3 month loan option has helped me out more than once.

Jennifer Y
— Manchester —

November 2019

Oakam charges modest fees for top-class service. I’ll never go anywhere else for short term finance.

Brian J
— Liverpool —

Oakam Contact

Contact Number


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Physical Address

  • 66 High Street Unit 29A Kings Square Shopping Centre West Bromwich England DG1 1DJ United Kingdom
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Opening Hours

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