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
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See what reviewers are saying
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
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
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
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
Sunley House, CR0 2AP, Croydon, United Kingdom
- hello@oakam.com
- oakam.com
Make you jump through hoops and cause…
Make you jump through hoops and cause they couldn't connect to open banking got refused a loan so ironically ended up costing me money to phone them be put on hold for an age to then get told sorry nothing we can do
July 31, 2021
Unprompted review
Always brilliant and so helpful
July 31, 2021
Unprompted review
Very straight forward and quick…
Very straight forward and quick process, and quick payment
July 30, 2021
Unprompted review
Reay fast and appreciated thank you
July 28, 2021
Unprompted review
Very happy to give me a loan however my…
Very happy to give me a loan however my payment card details changed the app will not work they will not accept payments over the phone and I'm unable to go to bank to make the repayments, dispite countless emails and phone calls the customer service I've recieved is certainly disappointing
July 27, 2021
Unprompted review
Reply from Oakam
Hi Aly, firstly, thank you for bringing this to our attention and for sharing your review. We are aware of the issue you mentioned which affects a handful of customers and want to reassure you that our engineers are working on it. We sincerely apologise for any inconvenience caused. We are glad we could speak to you yesterday and resolve the issue. If you need to speak to us again you can call our team on 02039 111 777. Our contact centre is open Monday to Friday between 8:00am and 7:00pm and on Saturdays between 9:00am and 6:00pm. Alternatively you can email help@oakam.com
Kind Regards,
The Oakam Team
Very fast top up new loan
Very fast top up new loan, without any problems
July 24, 2021
Unprompted review
Can’t top up
It’s good however trying to top up my loan is a struggle, connects to open banking then does nothing after you wait past the 3 minute point, emailed but got told they could do nothing as it has to be fully automated which is a shame
July 22, 2021
Unprompted review
Very good and fast
July 21, 2021
Unprompted review
Oakham have been very helpful and fast…
Oakham have been very helpful and fast payment in to bank I would be trying Oakham before anybody else thanks
July 21, 2021
Unprompted review
My credit score is really low and I’ve…
My credit score is really low and I’ve been approved for a loan got money in my bank within a seconds! Would definitely recommend it to everyone
July 19, 2021
Unprompted review
Excellent I’m so excited thank you so…
Excellent I’m so excited thank you so much 👍👍
July 19, 2021
Unprompted review
I’ve been trying to top up my loan and…
I’ve been trying to top up my loan and it gets to the open banking and I waited 3 minutes for it to do nothing. I’ve tried it so many different times
July 19, 2021
Unprompted review
Reply from Oakam
Hi Alyssa - we're sorry you didn't have a good experience. We've tried to reach out to understand what happened and what we can do better. If you'd like to contact us to help us improve our service, please email feedback@oakam.com and we'll get back to you. Thanks, The Oakam Team
very fast and efficient thanks alot
July 19, 2021
Unprompted review
Thank you very helpful x
July 16, 2021
Unprompted review
Terrible & Poor
Terrible & Poor, All round Non customer friendly, Weekly payments are hard work & crushing, No help through Covid era, No understanding, Payed the loan in full and they still told lies on my borrowing summary which now effects the credit file, They recieved all the money borrowed plus the interest, This service is about Oakham profit not helping the customer.
July 16, 2021
Unprompted review
Reply from Oakam
Hi Stuart, thanks for your review and for being a loyal customer. We appreciate you paid off your loan in full during these difficult times.
We are sorry to hear you feel you haven’t received the right support, we have a wide range of options to help customers impacted by Covid when we are made aware of it. You will be able to see your loan as settled on your credit file on the next reporting month. If you are unsure about your summary of borrowing or need further explanation please do no hesitate to reach out emailing complaints@oakam.com.
Thanks, The Oakam Team
Poor quality service since changing process
Asks you to connect with open banking , goes through the process but it doesn’t complete. Contacted Oakham to be told it’s a known error offered no solution. Used to be a good option to use before introduction of open banking .
July 16, 2021
Unprompted review
Reply from Oakam
Hi Kate - we're sorry you didn't have a good experience. This is not in our spirit and would like to apologise for the inconvenience. We have identified your account and and we will be in touch soon.
The Oakam team
made so easy for me will not touch…
made so easy for me will not touch another credit site
July 15, 2021
Unprompted review
Nice quick and easy application great…
Nice quick and easy application great help
July 13, 2021
Unprompted review
This has mad me less stressed
This has mad me less stressed. I can calm down and it’s coz this loan has took the pressure off.
July 13, 2021
Unprompted review
Very quick at responding used app with…
Very quick at responding used app with no issues thank you oakam
July 12, 2021
Unprompted review
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