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

Do Ferratum carry out credit checks?

Dear Customer,
In light of the current COVID-19 we will not be accepting any new loan applications. The well-being of our customers is of absolute priority and therefore we ask you to contact us via chat, email or phone if you have an existing account and require any help.

Many customers will be faced with income interruptions as a result of this crisis and so therefore we are recommending that you refer here for useful advice: https://www.moneyadviceservice.org.uk/en/articles/coronavirus-what-it-means-for-you

Yes, we do. Your credit report is a good indicator of your affordability status, and, as a responsible lender, it’s important that we check you can afford your repayments without difficulty. The credit reference agencies we use currently are TransUnion and Equifax. If you would like to know more about how your data might be used as part of your application, please make sure you read our Privacy Policy - section 4.1 describes how your personal data is processed. 

When we make a lending decision, we consider several factors including age, address stability and how you’ve managed your finances in the past.

If you would like to view your credit file, find out how here or return to our application form here