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CashLady Representative 79.5% APR

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5 Minutes min read

Updated: 2nd July 2024

Who are Finio Loans?

Finio Loans used to be known as Likely Loans. They are owned by Oakbrook Finance.

Finio Loans are rated ‘excellent’ on Trustpilot.

Jon Painter, Managing Director of Finio Loans, says: “We understand everyone’s circumstances are different, which is why we focus on ensuring we find the right solutions for your individual needs.”

Finio Loans

How much can I apply for at Finio Loans?

Finio Loans offer personal loans from £1,000 to £5,000.

What Representative APR does Finio Loans offer?

Currently, the Representative APR on a Finio Loan is 39.9%.* The APR rate may be subject to change, depending on various factors, including your credit rating, the amount of money you want to borrow, and your chosen loan term.

Are there a range of loan terms to choose from?

Loan terms with Finio Loans range between 12 and 36 months.

Who can apply at Finio Loans?

You can apply at Finio Loans if you:

  • Are aged between 18 and 73;
  • Are a UK resident who has been living in the UK for at least the last two years;
  • Have a UK registered bank account; and
  • Are confident that you are able to manage the pre-agreed monthly repayments.

Finio Loans may have additional application requirements, and these may be subject to change, so make sure to check the requirements on their website.

How can you apply at Finio Loans?

Finio Loans are a direct lender, not a credit broker.

If you were to apply at Finio Loans, you could expect the process to look like this:

  • Choose your preferred loan and term.
  • Complete the online application form – Finio Loans suggest that this should take no more than 10 minutes. You will be asked to provide information such as your personal details, your employment, your income and your outgoings, as well as any other information Finio Loans need to know.
  • Finio Loans will carry out an eligibility check and let you know whether or not you can proceed with a full application.
  • If you decide to proceed, you will be asked to provide further information. You may be asked to provide proof of identity and address, for example. This may take up to two working days to process. Please be aware that credit is subject to status, and you will be subject to a full credit check, as well as any other checks Finio Loans deem necessary.
  • A final credit check will complete the application process. This will be visible on your credit file, and could affect your credit score. If Finio Loans are happy with all the information you have provided, they will make a loan offer.
  • Once you have accepted the loan, the money could be in your account the same day, but this will depend on your bank’s policies and procedures.

When will I receive my Finio Loan?

If your application has been approved before 3pm on a weekday, Finio Loans aim to pay the money into your bank account the same day. If you have been approved outside of this window, the money should be available the next working day.

It’s worth remembering that these timeframes are only guidelines and will also depend on your bank.

Finio Loans ask customers to contact them directly if the money has not arrived in your bank account within 24 hours.

You can track the progress of your loan via the Oakbrook Hub.

Are there any charges for missed payments?

If you miss a payment on your Finio Loan, you will be charged additional interest and this will be added to the balance of your loan. Missing or failing to make your monthly loan repayments could also lead to a decrease in your credit rating, which may make it harder for you to be approved for financial products in the future.

Can you repay a Finio Loan before the agreed date?

Yes, you can – and Finio Loans do not charge an early repayment fee.

You can make a payment on your loan by logging into your account.

Should you pay your loan off in full, Finio Loans will charge interest from your last repayment date prior to the settlement date.

What are Finio Loans’ customer service details?

There are a number of ways you can contact Finio Loans.

You can:

  • Log in to your online account;
  • Reach out via the live chat facility;
  • Send a direct email using the online contact form;
  • Send an SMS to 07984 372 073; or"
  • Call them on 0208 080 6457. (0208 numbers are charged at your standard network rate, which may be up to 10p per minute depending on your provider and the time of day you call.)

They can be reached Monday – Friday between 8am and 6pm. Existing customers can also call on Saturdays between 10am and 1pm. Finio are closed on Sundays and Bank Holidays.

Do Finio Loans offer an online account?

Yes, they do, and it can be accessed here.

Please note that your Finio Loan online account will be powered by Oakbrook Finance Limited.

What type of reviews do Finio Loans customers leave?

As of July 2023, Finio Loans are rated ‘excellent’ on Trustpilot, with over 2,800 reviews.

Are Finio Loans Authorised and Regulated?

Finio Loans are owned by Oakbrook Finance, who are authorised and regulated by the Financial Conduct Authority (the FCA). Their company registration number is: 07831517.

Finio Loans summary

  • Finio Loans used to be known as Likely Loans.
  • They offer loans from £1,000 to £5,000, which can be paid off between 12 and 36 months.
  • The Representative APR is 39.9% as of August 2023.
  • Finio Loans are rated ‘excellent’ on Trustpilot, with an overall score of 4.8, based on over 2,800 reviews (as of July 2023).

*Correct as of August 2023.

CashLady Representative 79.5% APR

Representative Example

Amount of credit:
£1000 for 12 months
at £123.40 per month
Total amount repayable of £1,480.77
Interest: £480.77
Interest rate: 79.5% pa (fixed)
79.5% APR Representative

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


Get your personalised quote today!

How much do you want to borrow? Representative 79.5% APR

CashLady Representative 79.5% APR