If you are searching for an online loan provider, there are many to consider and help you cover a short term expense. Whether you have had an unexpected bill, an emergency repair, or just need a quick cash injection until your next payday, finding alternatives to loans like Oakam can help provide the cash you need. At QuidMarket, we help both new and returning customers settle their short term financial issues and provide flexible repayments between 3 – 6 months.

You can choose an amount between £300 – £600 as a new customer and click apply now to start your application. To find out more about us as a loans like Oakam direct lender and how we compare, you’ll find more information below. If you’re ready to start an application, click apply now to get a quick decision.

How much do you need?

£500.00
£300 £1500

For how long?

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Month 1

£

Month 2

£

Month 3

£

Month 4

£

Month 5

£

Month 6

£

This is for illustration purposes only. Your repayment schedule will be confirmed during your application

*All applications are subject to affordability checks*

Representative example: Borrow £300 for 3 months / Interest payable £154.37 / Total amount payable: £454.37 in 3 instalments / 3 payments of £151.46 / Representative 1296.5% APR / Interest rate 292% per annum (fixed) / Maximum APR 1625.5%

Compare short term loans on Clear and Fair

As a new customer the minimum repayment period is 3 months and the maximum is 6 months. Additional options may be available to you as a repeat customer.

Who are Oakam?

Oakam are a lender of personal and instalment loans that can be applied for online, offering an alternative to high-street banks. Their loans are designed to cover short to long term repayments of up to 12 months, with borrowers able to apply for up to £5,000 if they have successfully repaid a loan in the past. They are a direct lender, however, they are currently unable to process new applications, so if you are looking to borrow today, you will need to find an alternative loans like Oakam direct lender.

With our flexible repayment options, at QuidMarket you can choose the amount and repayment terms you want before applying and see how much this will cost. If it is your first time borrowing through us, you can choose between £300 – £600. We provide short term loans, so the repayment terms available are between 3 – 6 months, helping you to repay with affordable instalments. Whereas loans like Oakam provide terms up to 12 months, this will be for higher values similar to a personal loan.

As a form of high cost, short term credit, our loans are not designed for long term borrowing and should only be used to cover an emergency expense that you have no other means to resolve. Unlike a payday loan that requires repayment in full on your next salary date, a QuidMarket loan will help you spread this cost with instalments you can afford. You can use our loan calculator to compare the costs, and with no hidden fees, you can make an informed choice.

Why choose QuidMarket for Loans Like Oakam?

If you require quick cash loans, you’ll need to look for alternative loans like Oakam who are currently not lending. Here at QuidMarket, you’ll find the support you need in an emergency, with our loans helping you get the cash you need and our website available 24/7.

  • New customers can borrow between £300 and £600*
  • Returning customers may be eligible to borrow up to £1,500*
  • Flexible repayment terms between 3-6 months
  • QuidMarket is an FCA Authorised responsible lender
  • No hidden fees, transparent terms
  • No guarantor required to apply
  • Bad credit applicants welcome
  • We are direct lenders in the UK – no broker fees!
  • Quick and easy application form
  • Decisions made by humans, not computers
  • Receive the cash the same day as approval where possible

*Loan amounts and repayment terms are dependent on affordability checks

How to Apply Today

To begin an application today, you will need to meet the following eligibility requirements first. We can help applicants with varying credit histories, so if you are someone with bad credit, you could still be successful with your application today.
• Live in the UK
• Be over 23 years old, and under 65 years old
• Have a mobile phone (we send an SMS code during your application)
• Hold a UK bank account with a valid debit card (you will need to have 1p in your account for us to verify your card. This will show as a pending transaction of £0.01, but you will not be debited.)
• Be in employment and take home at least £1,300 a month.
Meeting the above doesn’t guarantee you will be approved, and all applicants are subject to credit and affordability checks. If we cannot determine you can afford the loan amount and repayments, we will have to decline your application. If successful, we can process and transfer the approved funds the same day to your bank account.

FCA Approved Loans Like Oakam Direct Lender

It’s important to choose a trusted lender when looking for loans like Oakam. With many available, you will want to check they are authorised by the Financial Conduct Authority (FCA), ensuring they work within responsible lending guidelines. At QuidMarket, we are FCA authorised and ensure all applicants are considered fairly. Whether you have had a history of poor credit or not, we focus on your current finances and what you can afford towards repayments. This enables us to help many more people get the cash they need for a short term unexpected expense, even if they have been declined recently elsewhere. Whilst we cannot provide loans for those in financial difficulty, we are always available to help where possible. If you are looking for further advice, please visit Money Helper for more information.

If you are ready to apply for a QuidMarket loan today, choose the amount and repayment term you need and click apply now. Our alternative loans like Oakham can provide the cash you need quickly, but if you do have any questions, please don’t hesitate to contact us and ask.


Yes, if you are someone with a less than perfect credit score, you may still be approved for the loan you need. We will still need to perform credit and affordability checks first, so you will need to ensure the loan you apply for is affordable for you. Whether you have a history of arrears payments, defaults, or even a CCJ, our team of underwriters will consider your application to see if we can help today.

We do not charge any fees to apply for a loan at QuidMarket, nor do we charge any hidden fees. This also means we do not charge any late payment fees either, unlike many lenders. This makes it easy to keep track of your loan, and if you do miss a payment, we can help to arrange repayment of the arrears alongside future repayments, without an additional charge.

Once your loan has been approved, we can transfer the funds to your bank account directly. This will be the same day if your bank supports the Faster Payments System (FPS). You will then have your new funds to use within a couple of hours. Please note, if you apply for a loan outside of our business hours, this will be processed the following working day.

Warning: Late repayment can cause you serious money problems. For help, visit: www.moneyhelper.org.uk