Who are Ferratum?
Operating since 2005, the Ferratum Group is an international lender operating in more than 23 countries across the world. With its headquarters in Finland, it also has a registered office in the UK. Classed as a very specialised lender, Ferratum are notable for their small loans and short repayment periods. Offering payday loans and short term loans that run from a minimum of one month up to a maximum of 4 months, Ferratum is the ideal lender for people only wanting to borrow for a brief period. For existing customers, this period can be expanded up to a maximum of six months – providing greater flexibility.
Ferratum loans are only available online and following a short application process. To be considered eligible for a Ferratum loan, all applicants must have an email address, mobile phone, bank account and debit card. Reflecting the brief repayment periods, loans range from £300 up to £1,000 for applicants who have previously taken out loans with Ferratum. Small and repaid quickly, Ferratum is perfect for people not wanting to be tied down with a long-term loan and who only want to borrow small amounts of money.
The approximate interest for borrowing £100
CashUpJar is an authorised and regulated credit broker – not a lender: Rates between 9.3% APRand 1294% APR – your no obligation quote and APR will be based on your personal circumstances – we compare short-term loans from over 50 lenders to get you the best APR possible for you. Loan term lengths from 3 to 36 months.
Try our No Obligation Eligibility Checker
Get your money by 5:17am
Find out your chances of being approved for a loan, without leaving a footprint on your credit file. Totally free and no obligation to apply.Eligibility Check
Instant decisions, quick payments
Providing instant decisions and a quick payment time, if successful you can get the money paid into your bank account in under 30 minutes. To ensure you are always protected, we as a money broker and all of the lenders featured on our panel, are fully authorised and regulated by The Financial Conduct Authority.