Rating based on 34 reviews


  • Short-term loans up to £700
  • Low-interest starting from 292%
  • Repayment up to 4 months

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Ferratum homepage
Author Ferratum. Screenshot of Ferratum website.
[Accessed April 24, 2020]

About Ferratum

Ferratum was founded in 2005 and its headquarters are in Helsinki, Finland.

We have expanded rapidly to over 25 countries across Europe, Africa, South and North America, and the Asia Pacific region.

What are business is about

We at Ferratum are all about people and leading the mobile revolution in banking. We offer our customers quick and easy ways to use mobile lending and banking services. Ferratum is also a pioneer in digital and mobile financial services technology, Ferratum is at the helm of the digital banking revolution. We will help you apply for a loan online.

Here at Ferratum, we strive at being committed to our customers and being responsible lenders as well as treating them fairly. Ferratum is an authorized financial services provider and we are regulated by the Financial Conduct Authority and members of the Consumer Finance Association.

Ferratums strategy

We are committed to being the leading mobile bank and that is one of the reasons why we have such a strong focus on organic growth, geographic expansion, and the development of our product portfolio. We want to know as much as we can about our customers and we use the data-driven approach to our credit scoring and that will always put us at the forefront of the smart banking revolution.

Ferratum Services

At Ferratum we offer many different loans to you our customers.

We want you to have the best possible advantage in choosing what will work for you and your budget. That is why we provide a wide range of loans for you to look at.

A range of loan products

Many of the loans we offer range from short-term loans to same-day loans, to quick loans and even cash loans. You can use the loan calculator to determine how much you want and how long you need.

The great thing about this is, you know exactly what your interest will be as we show it to you even before you are approved for the loan. So budgeting becomes so much easier.

Quick online applications

You can also complete your application online and it doesn’t take longer than 5 minutes to fill in. Once you are approved, you will be required to wait 2 hours before the loan is in your account.

We believe in quick, easy, and efficient for you, our customer. We also know how important it is to be transparent and that is what we here at Ferratum strive for.

Ferratum – Short-term loan

  • Loan Type Short-term loans
  • Interest Rate from 292%
  • Loan Amount up to £700
  • Repayment 4 months

Benefits of Ferratum

  • Simple online loans
  • Easy to use website
  • No paperwork

Short-term loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This loan calculator is for illustration purposes only.
The use of this quick loans calculator is subject to our terms of use.

At Ferratum we believe in complete transparency and being loyal to you our customers

With how everything is so accessible these days and how companies change along with technology and the times, we at Ferratum believe that we should do the same.

That is why we are all about you the consumer and what we can give to you. You need to be able to make the right choices for yourself and your pocket. That is what we are here for.

What we do at Ferratum 

We have many loans that you can choose from. Loans that will suit your pocket and your lifestyle and work according to your budget. Let us have a closer look at the actual loans and what they offer you.

The list of loans that are on offer is same-day loans, short-term loans, fast loans, and personal loans. With each loan, you can apply online and choose how much and when you want to pay your loan back. The great thing about this is that you can immediately see what interest you are charged with and how it will work into your budget. Just remember that we do not offer long terms loans. We offer loans that will help you with immediate emergencies and money that you will need right away.

The mission of Ferratum

We are more than just about money. We are about what works best for our consumers and what we are able to provide for them. We want to provide the best interface for lending and banking processes as well as being available 24/7 through the use of our personal customer services which are accessible online through our website, mobile apps, and those of our partners.

The only way we can actually fulfill such a mission statement is by accomplishing simple and hassle-free product applications, providing confidential transactions, fast and transparent loan processes as well as keeping our customers’ data safe while we provide the consumer financing with fixed and transparent costs.

The application process

The loan application process is really quick and easy. It takes about five minutes to fill out the application. Once the application is approved you are then notified that the money will be in your account within the next two hours. All of this happening on the same day. So make the right choice for yourself. Choose Ferratum, we don’t disappoint.

Ferratums’ values

Ever since our launch in 2005, we have aspired to create value for our customers, investors, and partners and we pride ourselves on professionalism, innovation, profitability, and clear ethics and those are at our core.

  • Professionalism- taking responsibility for our actions, having a clear operations model, and continuous learning.
  • Innovation- focusing on scalable solutions to ensure continued competitiveness, encouraging new ideas, and supporting trial and error.
  • Profitability- We are fully committed to maintaining good performance, we have also reached sustainable profit since starting in 2005. We believe that profitability is the result of speed, flexibility, and growth.
  • Transparency and openness are really important to us. We believe in taking personal responsibility for our customers and stakeholders as well as ethical principles that are at the forefront in creating trust and loyalty amongst our customers and employees.
man holding thumbs up

Ferratum is a trusted & reliable provider of short-term loans

In our review, Ferratum adheres to the compliance criteria in accordance with the Financial Conduct Authority, where the granting the loan will not cause financial distress to the consumer.

Ferratum is a registered credit provider in UK: FSA 672537

Customer Reviews & Testimonials

September 2019

With my car breaking down, I needed cash immediately. With Ferratum it was quick and easy.

Andrea S
— York —

August 2019

For that fast and reliable kind of company, I would always choose Ferratum. Thank you

John P
— Chelsea —

Ferratum Contact

Physical Address

Opening Hours

  • Monday 08:00 – 17:00
  • Tuesday 08:00 – 17:00
  • Wednesday 08:00 – 17:00
  • Thursday 08:00 – 17:00
  • Friday 08:00 – 17:00
  • Saturday – Closed
  • Sunday – Closed