Likely Loans, owned by Oakbrook Finance, provides unsecured personal loans developed for people who
may be experiencing difficulty in obtaining credit.
Established in 2011, Oakbrook Finance is the parent company for Likely Loans. Oakbrook Finance is
authorised and regulated by the Financial Conduct Authority.
Our unsecured loans range from £500 – £5000. Depending on the amount borrowed, our loans are available
over 12, 18, 24, 36, 48 or 60 months.
Using our website you are able to check if you are eligible for a Likely Loan, and this will not
be visible to other lenders on your credit file. Once you submit your application and we make
a final decision this will be visible on your credit file.
Yes – we will consider your application as long as you have some UK credit history and haven’t been
made bankrupt in the last 12 months. Before applying for a loan please consider carefully your
personal circumstances. Ensure you are clear on the repayment terms and you're confident you
can repay the loan.
No – as long as you are a UK resident it doesn’t matter if you are a homeowner or a tenant.
No, we do not charge arrangement fees.
You can check your eligibility and apply for a Likely Loan online using our simple application form.
In most cases you will receive an instant decision.
In most cases you will simply need to fill in your personal details as required in the application
form. In some instances we may need you to provide supporting documentation, for example, a copy
of your driving licence. If we need you to provide this we will ask you. The process to supply
this is quick and simple and you will be able to upload it online as part of the application
Yes, if your circumstances have changed and you would like to apply again for a Likely Loan there
are no restrictions on you doing this.
In your browser address bar, you'll see a padlock and the letters 'https'. This means that whatever
you enter on the Likely Loans website is sent to us using secure encrypted methods. Once we have
received your details, you can rest assured that we follow the very latest in secure data handling
practices, and we work hard to make sure that your details are safe at all times. We will also
never share your details with third parties without your consent. Additional information about
how we use and store your data can be found in our
During your application we may ask you to supply additional documents such as your driving licence.
Additional documents are required where we need to verify your identification and/or your current
address. The documents are easy to upload within the application process.
If you are having any problems uploading your additional documents then please call us on 0208 080 6450
and a member of our customer service team will be happy to help.
This is a personal quotation, based on your personal situation and is dependent on many factors such
as your credit history, credit rating and financial status. As such the APR you are offered may
be different to the displayed representative APR.
You will receive an email within 24 hours to confirm the status of your application. All applications
go through an overnight check but we aim to send your money within one working day of your application
All successful applicants will be emailed a full set of documents which include your loan terms and
conditions and information on your Direct Debit and repayment dates. We recommend that you read
through these and keep them safe for future reference.
Once your application is approved, subject to overnight checks, your money is normally paid into
your bank account the next working day.
Repayments are made monthly by Direct Debit from your nominated bank account. We will automatically
set up a Direct Debit for you as part of the application process, details of this and your repayment
dates are contained within the Welcome Pack that you will receive from us.
Yes, you can change this in your online account.
Yes, you can repay your loan in part or full at any time. We do not charge an early repayment fee
but will apply interest as permitted under The Consumer Credit (Early Settlement) Regulations
If you have lost or misplaced your Loan agreement you can request a copy by writing to us or emailing
If your circumstances change and you find you are struggling to make your repayments you should contact
us as soon as possible on
0208 080 6450
. As a responsible lender we are committed to helping you regain control of
your finances and helping you find a suitable solution. If you are concerned about your financial
circumstances independent help is available at
Late payments may result in additional interest being applied to the overdue amount at the interest
rate specified in your agreement from when the payment was due until the payment is received
in full. If you are concerned about your financial circumstances independent help is available
Call our automated payments line free on
0800 3585 945
Login to your Likely Loans account at
to make a payment online.
By bank transfer: sort code 20-00-00, account number 63138305. Please make sure you include
your account number.
Yes you will automatically receive an email on how to set up your account.
Yes, you can apply the very next day once you’ve paid off your loan.
Yes – Likely Loans are able to offer Top up loans to eligible customers. If you do become eligible
for a Top up loan we will email you directly and let you know you are eligible to apply. Please
ensure you have opted in to marketing if you would like us to contact you regarding Top up loans.
For any other questions regarding Top up loans please contact us on 0208 080 6450