Oakbrook customers can now receive up to £250 through a new Refer a Friend scheme

Oakbrook has launched a Refer a Friend scheme, giving eligible customers £50 when someone they introduce takes out a qualifying loan.

Available to eligible Oakbrook Loans and OakbrookAdvance customers, the scheme provides a straightforward way to introduce friends who are already considering borrowing. Customers can receive a reward for up to five successful referrals, giving them up to £250 in total.

Eligible customers receive a personal referral link by email to share with people they know. When a friend who is new to Oakbrook takes out a qualifying loan through the link, the £50 reward is paid directly into the customer’s bank account.

Claire Smith, Marketing Director at Oakbrook:

“When a customer recommends Oakbrook to someone they know, they’re putting their trust in us. That matters, and Refer a Friend is our way of saying thank you. We’ve kept the scheme straightforward, with clear rewards and the same responsible approach to assessing every application.”

Being referred does not change a customer’s chances of approval. All applications go through Oakbrook’s usual eligibility, affordability and credit checks. Friends can check their eligibility without affecting their credit score, and there is no obligation to proceed.

The scheme recognises customers who choose to recommend Oakbrook to people they know.

Eligible customers can find their personal referral link and details of how to take part in their referral email.

Terms and conditions apply. Read the Oakbrook Loans Refer a Friend terms and conditions.