Free Credit Report
How Can I Get a Free Credit Report?
Here at Ferratum, we are committed to being a responsible lender. The FCA requires that we ensure you are not being over-committed financially with Ferratum and other lenders.
Responsible lending is not new to Ferratum, we always endeavour to keep your best interests at heart when processing your request.
When you apply for a short-term loan online, we check your credit profile as part of our application. After you apply, the credit check is performed instantly in real-time. We can then make a decision based on the most up to date information possible. This sometimes means that your application isn't approved and you'll be asked to wait a short time before re-application.
Don't worry, this could simply be that your credit file hasn't been updated to reflect your up to date status, or perhaps there are some missed payments or other financial commitments that need to be addressed before we can lend to you again.
We want you to have the best advice when you are making a lending decision. We recommend you take a look at your credit file for free with creditkarma.co.uk (formally noddle.co.uk).
This service is provided by TransUnion and they promise this service is free for life. It only takes a few minutes to fill in your information and get your free credit report.
How Do I Apply For One Of Ferratum’s Short-Term Loans?
When our customers come to us for their loan needs, we like to keep it simple for them. Ferratum is a direct lender, and this means the process is much simpler, as your whole application is done directly with us. Complete the online form in 5 minutes and we'll give you a decision straight away. Generally, our 1-month loans are used as an advance on wages to bridge the gap when your salary isn't quite due, and our longer-term loans are for covering a larger expenditure, where you might need to spread the repayments over a couple of months.
We charge daily interest on our loans and we have a minimum 7-day term. We don’t ask you to scan or post sensitive documents, all of our security checks are done online so your details are safe. You simply provide us with a few pieces of information, we validate it then process the application.
Check out our loan calculator below to see what kind of loan term would suit you.