WARNING: Late repayment can cause you serious money problems. For help, go to www.moneyadviceservice.org.uk


More about this Company

Ferratum is all about people and being at the forefront of the mobile revolution in banking. We offer customers a fast, easy to use highway to mobile lending and banking services.

click to apply directly apply

Basic Lending Information

  • FCA License Number 672537
  • Lender is a Member of a Trade Association Yes
  • Short Term Lender Yes
  • Instalment Lender No
  • Continuous Payment Authority Yes
  • Credit Checks Yes
  • Same Day Transfer Available Yes
  • Loan Length 7 Day to 37 Day
  • Online Account Management Yes
  • Representative Example Installment
  • Representative Example Short Term Amount of credit £300 for 37 days. Interest £88.80. Interest rate 292% p.a. (fixed). Representative 1190% APR. Total amount repayable by one repayment of £388.80.

Ferratum Review

Ferratum, with 20 branches world wide

The Ferratum Group, who have served over 1.5 million customers worldwide, offer loans to first time customers of between £50 – £300. Their application form is quick and you can have your money in your account on the same day.

If you do not have a good credit file, then do not apply to Ferratum. They will not accept anybody who does not have good credit and a search footprint may end up on your credit file.

Money can be in your bank 7 days a week with Ferratum, but sometimes applications will need further checks and if this is the case, then you may have to wait until the next working day.