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Oakam Reviews 18,316

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TrustScore 4.5 out of 5

4.5

Non-Bank Financial Service
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Rated 3 out of 5 stars

This company have gone bust. Don't bother to use them for a new loan or top up they aren't allowed to lend hope this helps. Andrew Tate and James Hopkirk of Kreston Reeves LLP were appointed Join... See more

Rated 5 out of 5 stars

Absolutely amazing, I have a bad disability which drains me both energy and tiredness. I've looked through several loans as you do to compare. I was blown away with how quick and simple (and painless... See more

Rated 5 out of 5 stars

Excellent. No bull****, clear & transparent terms. Short application -- only essentials that matters to check basic credit score. After checks -- if you not qualified for amount You selected... See more

Company replied

Rated 5 out of 5 stars

The application was fast and easy. The decision was almost immediate and the monet was in my account within 10 minutes. Also everything was explained in simple terms without seeming like it had been... See more

Company details

  1. Non-Bank Financial Service

Written by the company

Oakam Limited (In Administration) Andrew Tate and James Hopkirk of Kreston Reeves LLP were appointed joint administrators of Oakam Limited trading as "Loal" (the "Company") on 24 February 2022. The affairs, business and property of the company are being managed by the joint administrators and further information regarding the Administration is available at the following website: https://www.krestonreeves.com/oakam-ltd-loal-app-faq/ The Company has now ceased to trade and all enquiries should be made directly to the Joint Administrators at restructuring@krestonreeves.com. The Joint Administrators act as an agent of the company and without personal liability.

Contact info

4.5

Excellent

TrustScore 4.5 out of 5

18K reviews

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Rated 1 out of 5 stars

Shocking company.

Shocking company.. paid in full... can’t apply for a new one.. my finances still the same... leave well alone peeps.. if you think there give u a 2nd loan.. your be very disappointed.. email then my god don’t bother..your be waiting a long time.. Oakam are a joke

April 28, 2021
Unprompted review
Rated 5 out of 5 stars

Applied for a loan different think I…

Applied for a loan different think I would get it but I did! I was very happy with the service no issues at all. money was in my bank within seconds of signing the agreement
5*

April 25, 2021
Unprompted review
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Reply from Oakam

Hi Geoff. Thank you for the review! It's always really valuable to hear from our customers, we're so happy we could help out.

Rated 5 out of 5 stars

Happy customer

Applied thinking I would not be accepted but to my surprise i was and my loan was transferred to my account within minutes so happy

April 22, 2021
Unprompted review
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Rated 5 out of 5 stars

Very good service highly recommended I…

Very good service highly recommended I needed an emergency cash and after doing a lot of searches and reviewing on other lenders came across these guys and the process was simple and decision in minutes and money paid in at affordable payments and a good way to build your credit score up will highly recommend to other people 👍

April 18, 2021
Unprompted review
Rated 1 out of 5 stars

Not really happy with there service…

Not really happy with there service they takes days to reply to emails and are not useful on the phone I paid my balance in full and still had problems on the app.

April 15, 2021
Unprompted review
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Reply from Oakam

Hi Louise, we are glad we were able to get in touch with you last week to explain why you were not eligible to apply at the time. Please feel free to update this review.
If you would like to discuss this further, please do not hesitate to contact our Complaints team on complaints@oakam.com

Kind regards,
The Oakam Team

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