What is the maximum loan amount?
Ferratum offer two different loans. Our MicroLoan is available from £50 to £400 for your first loan. After this is repaid in full, you are eligible to apply for up to £500 as an existing customer. You can apply for a MicroLoan by entering your details here.
We also offer PlusLoan, a short-term instalment loan. New customers can apply for a PlusLoan of £300 to £700 with repayments spread over 2-4 months. Existing customers are eligible to apply for a PlusLoan of up to £1000, after their first loan has been repaid.
You can check if you are eligible to apply for a PlusLoan by logging into your My Ferratum account where you will see PlusLoan listed as an option.
All loans are subject to status and affordability.