If you are searching for Finio Loans in 2026, there is an important update: Finio Loans (formerly known as Likely Loans) has rebranded as OakbrookAdvance. The lender still operates under Oakbrook Finance Limited, which is authorised and regulated by the Financial Conduct Authority, but new applications are now processed through oakbrookadvance.com. Existing Finio Loans customers are not affected — their loan terms remain the same and they can continue to manage their account through the Oakbrook Hub. Finio Loans / OakbrookAdvance at a Glance 2026
Source: OakbrookAdvance website and Oakbrook Finance FCA registration, April 2026. Representative APR 39.9% based on £2,000 over 24 months. Monthly repayments of £116.07, total amount payable £2,785.68. Always verify current rates at oakbrookadvance.com before applying. Finio Loans Brand History: Likely Loans → Finio → OakbrookAdvanceThe lender has undergone two rebrands in recent years. It was originally known as Likely Loans, then rebranded to Finio Loans in September 2022, and has now transitioned to OakbrookAdvance. The underlying lender — Oakbrook Finance Limited — has remained the same throughout. This rebrand has caused confusion among many customers searching for their existing lender or looking to apply. Finio Loans Pros and Cons
How to Apply for a Finio Loan (OakbrookAdvance) in 2026New applications are now made at oakbrookadvance.com. The process takes approximately 10 minutes online. You will need to provide personal details, employment information, income and outgoings. Oakbrook uses Open Banking to connect to your bank account for a more accurate affordability assessment — this is a key part of their responsible lending approach. A soft eligibility check is carried out first, which does not affect your credit score. If you proceed, a full hard credit check will be made. Our Verdict Finio Loans — now operating as OakbrookAdvance — is a legitimate FCA-authorised lender suitable for borrowers with poor to fair credit needing up to £5,000. The representative APR of 39.9% is lower than Bamboo or 118 118 Money, making it relatively competitive in the bad-credit loan market. Existing Finio or Likely Loans customers do not need to take any action — their loans are unaffected by the rebrand. Frequently Asked QuestionsIs Finio Loans still operating in 2026? Finio Loans has rebranded to OakbrookAdvance. New applications are now made at oakbrookadvance.com. Existing Finio Loans customers can continue to manage their account through the Oakbrook Hub. The underlying lender — Oakbrook Finance Limited — remains FCA authorised and operational. What happened to Finio Loans? Finio Loans (previously Likely Loans) was rebranded to OakbrookAdvance by its parent company Oakbrook Finance Limited. The rebrand means new customers apply through OakbrookAdvance, but existing Finio and Likely Loans customers are not affected — their loan terms and account access remain the same. What is the APR on a Finio loan? The representative APR on a Finio Loans / OakbrookAdvance loan is 39.9%, based on borrowing £2,000 over 24 months. The APR range is 20% to 69.9% depending on individual circumstances. Always verify the current rate at oakbrookadvance.com before applying. Is Finio Loans FCA authorised? Yes. Finio Loans operates under Oakbrook Finance Limited, which is authorised and regulated by the Financial Conduct Authority. You can verify this on the FCA Financial Services Register at register.fca.org.uk. This article is for informational purposes only and does not constitute financial advice. Always verify rates and eligibility directly with the provider before applying. Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk |
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