Oakbrook, the consumer lending business, and global data and technology company Experian have partnered to launch OakbrookOne, a new personal loan offering aiming to make borrowing simpler, fairer, and more accessible.
Developed using ReFi, a debt consolidation technology, OakbrookOne aims to make borrowing easier and more accessible, particularly for those traditionally underserved by mainstream credit. It helps eligible customers bring their debts together into one manageable payment, with the process handled seamlessly in the background.
Recognising the UK’s widening credit gap, Oakbrook and Experian first partnered in late 2024, initially working together to test ReFi technology with real customers. Over the past six months, the…