We started Likely Loans in 2014. We’re owned by Oakbrook Finance. Led by a team with a huge amount of experience in lending, we really believe that people should be able to access loans that are affordable, despite their circumstances, and this belief is at the heart of everything we do.
By completing our online application we can give you an instant decision about your eligibility for a loan and, where successful, aim to have the money in your bank the very next working day.
People ask me all the time why we started Likely Loans. It’s a great question as the market was flooded with lenders already and a bank was usually the first port of call for someone looking for a loan.
The problem was that there weren’t many options for people to borrow money if they couldn’t get a loan from the banks.
We didn’t believe in Pay Day lenders and their sky high interest rates or loans with sneaky hidden fees. We didn’t believe anyone should apply for a loan not knowing whether they would be successful or not. We believed there was a way for customers to always know what they were paying, never pay fees and know if they would be accepted before they applied. We wanted to provide fair loans for people when they really needed it but had nowhere else to go. We believed it would be possible to create a loan with no surprises.
That’s why we started Likely Loans.
CEO, Likely Loans