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


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

Which Loan Products are Currently Available?

We offer our customers short-term loans up to £1000. The term of the loan can be anything from 2 to 4 months, and we’ll work out the instalment date based on your next payday. Our flexible online loans are tailored to your needs based on your requirements, credit status and affordability. 

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What Will a Ferratum Loan Cost?

With Ferratum, what you see is what you get. There are no hidden charges and what you see in your quote is simply the amount you will repay on your loan repayment day. The interest charged is 0.8% per day and we'll show you the total amount of your loan before you finish your application. So there're no nasty surprises! 

What’s The Purpose Of A Ferratum Loan?

We know that everyone's situation is different, and it's easy to run into cash flow problems from time to time. In these situations, we offer loans that can help you until your next payday. And if you need a larger amount, you can spread the repayments over several months to make it easier to repay. It could be that you have emergency home repairs that can't wait, or your car needs work to get it back on the road so you can get to work. 

Why Use A Ferratum Loan Over Other Credit Options?

If you have a credit card to use, that may initially be a lower-cost option. The problem is the temptation to only pay the minimum payment which can take much longer to repay. With a Ferratum loan, you can repay in full on the day you're paid, and then you’re debt-free…ready for the next emergency.

If you’ve had unexpected expenses and are coming to the end of the month, a quick reconciliation of your bank statement or online banking application may tip you off that you’re heading for an unauthorised overdraft situation. This is where things can get expensive if you’re paying Direct Debit failure fees, plus any admin fees from the company you didn’t pay as well as any interest payable on the unauthorised facility. This can really add up so if you plan ahead and take a Ferratum loan, the cost would be lower than suffering bank and admin fees next month and can be split over 1 - 6 months.

All are basically a fast and simple way to get you from today to your next salary date when you need a little help.

Compare our loans at allthelenders.org.uk

Loan amount

Loan amount: X
Loan term: X
Interest: X
Total amount payable: X
Due date: X
Monthly repayment: X

*Minimum loan term - 62 days, maximum - 4 months