Caravan Loans
If you need an affordable monthly loan to help you with a camper van, caravan or motorhome financing, our online loans let you pay off your purchase in installments.
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Car loans
Want to switch to an electric car or buy your dream vehicle? Oakbrook Loan’s flexible car loans could help you get behind the wheel of the car you've always wanted. Simply use our loan calculator to find the best repayment plan personalised to your budget and needs.
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Representative example
Borrowing £10,000 over 48 months at Representative 24.9% APR and interest rate 24.9% p.a (fixed) with monthly repayments of £317.64 and a total amount payable of £15,246.76. This example is for illustration purposes only. The rate and term you are offered is dependent on your individual circumstance. Rates from 19.9% APR to maximum 34.9% APR. Loan terms for 12 – 60 months.
When consolidating your existing borrowing, you may extend the term of your debt and increase the total amount you repay.
Benefits of a car loan
With a car loan, you can spread out the cost of the car over several years. It can give you the freedom to manage your finances more comfortably, without feeling the pinch all at once. It also:
- Gives you more choices to buy your dream car without settling for less.
- Gives you ownership as soon as you decide to buy.
- Doesn’t have mileage restrictions, unlike car financing or car leasing.
When taking a car loan it’s also important to consider:
- That you could pay more over time because loans come with interest.
- If you miss payments on your loan, you risk damaging your credit rating.
Benefits of a car loan
With a car loan, you can spread out the cost of the car over several years. It can give you the freedom to manage your finances more comfortably, without feeling the pinch all at once. It also:
- Gives you more choices to buy your dream car without settling for less.
- Gives you ownership as soon as you decide to buy.
- Doesn’t have mileage restrictions, unlike car financing or car leasing.
When taking a car loan it’s also important to consider:
- That you could pay more over time because loans come with interest.
- If you miss payments on your loan, you risk damaging your credit rating.
Who can apply?
To apply for a car loan, you must:
- Have a valid email address
- Be aged between 18 – 73
- Be a resident of the UK
- Have a UK personal bank account
- Be confident you can afford the monthly repayments
Criteria we review
- Credit history
- Financial circumstances
- Any credit commitments with other lenders
- Your ability to afford the monthly repayments
Things to consider before taking a car loan
- Take time to consider all available borrowing options before making a decision.
- Remember that you're committed to repaying the loan even if you decide not to keep the car.
- Ensure that the car model you select is the right one for you, considering it's a long-term commitment.
- Be sure to buy from a trustworthy dealer and know your rights and insurance details well before you seal the deal.
Why choose Oakbrook Loans?
Transparent process
Once you apply, we provide you with a guaranteed APR for your loan, along with details of the total amount payable and monthly repayment amount.
Pre-application soft credit check
Before you apply, we conduct soft credit checks, ensuring that your credit score remains unaffected until you decide our loan is right for you.
No hidden fees
We ensure full transparency throughout our process, providing clear visibility at every step, with no surprises or hidden fees.
FAQs on Car Loans
Do you charge any fees?
No we don't. What you see is what you get with an Oakbrook Loans, there’s nothing hidden – ever!
Can I make overpayments on my loan?
Yes you can. Overpay as much as you want to as many times as you like with no penalties and reduce the overall cost of your Oakbrook Loan.
Loans to suit all needs
Ready for your personalised quote?
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