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

About Ferratum

Founded in 2005, Ferratum works across more than twenty countries, and has become a pioneer in financial services technology. They are committed to responsible lending and treating their customers fairly.

Ferratum offer flexible loans between £300 and  £1,000, over two to four months, though new customers can only apply for loans of up to £700. You should get a loan decision within minutes, and if approved, you can expect to have the cash in your bank account the same day.

In terms of interest rates, a Representative example for a Ferratum loan is 1270% APR. Your loan repayments would be a fixed monthly amount, making them easy to budget for.

Last Updated: December 2021

Why Apply Through My Financial Broker?

  • Free Service: We work on a commission basis with our lenders, which means that we can offer a completely free service to our customers, with no hidden fees or charges.

  • Soft Credit Checks: My Financial Broker only undertake soft credit checks when you make a loan application with us. Your credit score therefore won’t be affected when you receive a quote from us.

  • Multiple Lenders: Rather than compare each lender individually, and then make numerous applications, you can simply complete our online application, and receive an instant loan decision. You’d then be put in touch with a suitable direct lender.