Likely Loans Review

It is likely that you will find what you need, along with great service, from Likely Loans.

Likely Loans is a UK lender that started lending in 2014 and has now lent over £200 million to over 100,000 consumers. They are based in Nottingham and offer credit the following business day. Oakbrook Finance, which is regulated by the Financial Conduct Authority, is their official owner.

Best UK Loan Companies

Read about how they provide loans to a qualified UK citizen through a simple online application, along with other loan services in this Likely Loans Review.

Likely Loans Overview

Likely Loans was founded in 2014 and was formerly owned by Oakbrook Finance. Their objective is to meet the demands of their customers by providing loans that are inexpensive, easy to repay, and helpful, which is why they work hard to find a solution that is in their clients’ best interests.

Likely Loans introduced a novel concept and a great way for people who previously had a bad credit rating and were discouraged about receiving another loan to repair their credit and still be able to take out loans without even having a guarantor, making it one of the most popular lenders of its time.

Services Offered By Likely Loans

Likely Loans has a selection that is extensive, which means you will be able to choose a loan that is right for you. These loans can be used for a variety of purposes, including car financing and repair, bathrooms, a new kitchen, and home remodelling. They also offer loans for self-employed people and loans for people with weak credit, low credit score, or bad credit history, as well as a loan option that does not need a guarantor.

Here are some of the loan offers provided by Likely Loans.

Loan Amount

  • £500 Loans
  • £1000 Loans
  • £1500 Loans
  • £2000 Loans
  • £3000 Loans
  • £4000 Loans
  • £5000 Loans

Time Period Loans

  • 12 Month Loans
  • 24 Month Loans
  • 3 Year Loans

Vehicle Loan

  • Car Loans
  • Car Repair Loans
  • Bike Loans

Credit Loans

  • Loans for Bad Credit
  • Debt Consolidation Loans
  • Direct Lender Loans
  • Instalment Loans

Unsecured Personal Loan

  • No Guarantor Loans
  • Unsecured Loans

Home Improvements

  • Home Improvement Loans
  • Kitchen Loans
  • Bathroom Loans
  • Boiler Loans

Personal Loans

  • Loans for Self Employed
  • Small Loans
  • Laptop Loans
  • Loans for Young People
  • Wedding Loans
  • Personal Loans

Checking Likely Loan Eligibility

You can first check to see if you are eligible by following a few simple steps on their website. You will receive an almost instant response whether you are eligible, and if that part is cleared, you can proceed to complete out their application.

Furthermore, as part of the personal data collection process, it will require you to upload any form of identification as part of your application process; this might include your legitimate ID card or driving license.

They may inquire about your monthly earnings and source of revenue as a basic technique of configuring authentication that connects a consumer to their organization. This stage is critical because this is a completely online operation that could be dangerous to handle. What is important to remember is that Likely Loans will take your personal circumstances into consideration when assessing whether or not you will have difficulty paying your loan.

How to Apply for Likely Loans

You can find a quick and easy application form on their website. This does not require you to create an account in order to acquire a loan quotation; you may get one without paying a thing.

However, if you intend to be an active member of their community and seek a loan, it is much preferable that you create an account so that you may be kept up to date on your entire loan procedure online and a click away. It also allows you to check your loan balance, modify any personal information you may want to change over time, and much more.

Likely Loans Contact Details

Start your loan journey with Likely Loans. Get in touch with the company through any of the following means.

Address: The Poynt North, 45 Wollaton Street, Nottingham, United Kingdom, NG1 5FW

Telephone Number: +442080806450

Website: https://likelyloans.com/

FCA Registration Number: 707357

Data Protection Registration Number: Z3250811

Likely Loans Reviews

Previous customer reviews are a useful tool for evaluating a business. Check out what others have said about Likely Loans.

Very fast and easy to apply and easy payments that are not over the top in interest. Very happy and would recommend and use again. – Lucas Riglar

Excellent, from how easy it was to apply for the loan to getting the money in my account. Very straightforward and quick. Got a good rate too! – John B.

Took a loan out in July 2019 for 3yrs, really easy hassle free application, money went into my bank quickly from the application completion. Today I settled the remaining balance a whole year early, all done online instantly with no issues at all. I had a confirmation email around 10 minutes after I paid to confirm that my loan balance was all settled and complete. Overall a really easy process. -Lyndsey Joss

Summary

Likely Loans is a lending business that may provide bad credit borrowers with loans ranging from $500 to $5,000. Likely Loans’ main selling point is that they don’t require a guarantor, which is uncommon among poor credit and bad credit lending businesses.

Clients can acquire a decision on their loan application soon because their online application is comparatively easy to complete. Although their application process is quick, payments for approved loans will be transferred the following business day, so if you need cash right away, it is worth browsing around.

Based on all the information we gathered while making this Likely Loans Review, Likely Loans gives some of the best loans to everyone, even those with bad credit history.

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