How long do Likely Loans take to make a decision?

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.

Do likely Loans use open banking?

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

Is Likelyloans a direct lender?

Applying for any loan with Likely Loans is quick and simple and you’ll find out if you’re eligible within minutes. … For our online direct lender loan, you can borrow from 12 to 36 months.

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.

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.

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.

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How can I get a loan if I can’t get money?

Using a credit card, getting a payday alternative loan from a credit union, or borrowing from family or friends are all options if you’re not able to get cash through a personal loan. These options aren’t perfect: Credit cards can have high interest rates, and getting loans from family can be risky.

Are everyday loans legit?

At the time of writing, gives Everyday Loans 4.7 out of 5, with the vast majority of customers rating them excellent or good. … Overall verdict: The personal approach has seemed to work for Everyday Loans and generally they appear to help their poor credit customers.