Frequent question: How quick are likely Loans?

How long does it take for likely loans to pay out?

Once your application is approved, your money is normally paid into your bank account the same day (if you are approved before 3pm Mon-Fri) or the next working day. When you’ve been approved you can track the progress of your money and your account status in our Oakbrook Hub.

Does likely Loans send post?

These service communications may be sent by email, post, WhatsApp, text or, if the circumstances require it, we may contact you by phone.

Do likely Loans use open banking?

Likely Loans is now using Open Banking to offer personalised quotes within seconds.

How fast can I get a loan?

Here’s how long it typically takes to get a personal loan:

  • Online lenders: Less than 5 business days.
  • Banks: 1-7 business days.
  • Credit unions: 1-7 business days.
  • Payday loans, pawn shop loans, and car title loans: Can be same day.

Is Likely loans a lender?

Likely Loans is a lender specialising in smaller loans for people with lower credit scores, who might not be able to borrow money from an ordinary high street bank. … Unlike many other loan providers for people with low credit, Likely Loans doesn’t ask for a guarantor.

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Is Likely loans Oakbrook Finance?

The Likely Loans website is owned by Oakbrook Finance and they are the people who provide the loans. Therefore, Likely Loans is a direct provider.

What are final checks on a loan?

Hi Simon, if you were not asked to provide any further documents then the final checks would be checking that your agreement has not been altered in any way & you have signed and dated where necessary. If all this is ok, the funds would normally be released within 24 – 48 hours. Hope this helps.

How do I contact likely Loans?

Likely Loans is committed to providing great customer service. However if you have a complaint about a product or service provided by Likely Loans please contact us on telephone number: 0208 080 6450 or write to us at Likely Loans, The Poynt North, 45 Wollaton Street, Nottingham, NG1 5FW.

Who owns Oakbrook finance?

Our backers, private equity investment group Blenheim Chalcot, have decades of experience using state-of-the-art technology and new approaches to transform markets. Oakbrook is just one of their efforts to change financial services for the better.

What is the easiest loan to get approved for?

Easiest loans and their risks

  • Emergency loans. …
  • Payday loans. …
  • Bad-credit or no-credit-check loans. …
  • Local banks and credit unions. …
  • Local charities and nonprofits. …
  • Payment plans. …
  • Paycheck advances. …
  • Loan or hardship distribution from your 401(k) plan.

How can I borrow money immediately?

The best ways to borrow money fast are to get a personal loan known for quick approval and funding or to charge your expenses to a credit card. Other ways to borrow money fast include drawing from an existing home equity line of credit, borrowing from a friend, or getting a credit card cash advance.

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How can I get an immediate loan?

You can get an instant Payday Loan by either applying in-store or online, where offered. If applying in-store, you’ll receive money on the spot. If applying online, expect to have your money deposited into your bank account as soon as the same day*. Visit your nearest Advance America center.