About Ferratum

Ferratum have been around for a decade and have been serving their customers faithfully since then with affordable payday loans and great service.

Loan Uses

Loans from Ferratum are ideally used on occasion for emergency expenses such as medical or dentist bills, for fuel and car repairs as well as travel money.

These quick loans can also be used to make important purchases, to tide you over during a particularly difficult month or for any short term need.

A Transparent Lender

Ferratum has listed all of their loan fees on their website and you can see exactly what a loan will cost you based on how much you lend. They do not charge any hidden fees and offer free direct debits on loan repayments.

Why They’re Different

When compared to other payday loan provider, Ferratum is different because they has a set fee for their loans as opposed to an interest rate and separate loan establishment and ongoing account management fees as well as because they offer larger loan amounts up to $1,900.

What Ferratum can offer you

Ferratum offers Australians short term loans that start from $100 for periods not exceeding 32 days. Their loans go up to $1,000 and are only available online.

Since Ferratum offers unsecured short term loans you can obtain the loan very quickly, usually within an hour of applying, and it can be done entirely online.

Need Another Loan?

Ferratum allows existing customers to easily apply for another loan by logging in to your account using your mobile number and unique pin code and requesting another.

No Roll Overs

While many people are afraid of taking out a payday loan because of all the negative press they get, you can rest assured that getting a loan with Ferratum is easier and safer.

Why? Simply because Ferratum does not offer roll overs which makes it impossible for customer to spiral into a long term debt cycle they can’t get out of because of one, small personal loan.

Quick Turnaround

One of the main reasons for Ferratum’s popularity among Australian is their quick loan turnaround times which are typically an hour or under. To get your loan all you have to do is visit their site and start your application.

In a Nutshell

  •  Loan minimum $100
  •  Loan maximum $1,000
  •  Interest rate No interest – you will pay 20% of the principal as an establishment fee and a monthly fee of 4%
  •  Loan term minimum 16 days
  •  Loan term maximum 32 days
  •  Average processing time 1 hour
  •  Online application
  •  Unsecured loan option
  •  Bad credit consideration

Get a Fast Personal Loan Online in Minutes

If you’re a new customer you will have to complete a full online loan application as well as provide some supporting documentation as required by Ferratum.

Do you Qualify?

One of the reasons it’s so easy to apply for a loan from Ferratum is that they do not perform credit checks and that allow people to obtain bad credit loans.

In order to qualify you must be a citizen or permanent resident of Australia, be aged over 18 and provide supporting documentation to prove that you can afford to take out the payday loan.

Supporting Documentation

You will need to provide your most recent bank statements to Ferratum along with your driver’s licence or proper identification.

Online Loan Application

Their online loan application is simple and easy to complete. This makes getting a fast loan with this lender easy and convenient.

It takes about 5 minutes to apply and you will automatically receive a response from their automated approval system letting you know if you’re approved.

Once you’ve been approved you can expect to receive your cash on the very same day or in the case of after hour application on the next business day.

Eligibility & Requirements

  •  Active email address
  •  Mobile
  •  Bank statements

Other Products & Services

  • Cash Loans
  • Fast Loans
  • Online Loans
  • Payday Loans
  • Short Term Loans
  • Small Loans

Here’s a short video about Ferratum

Contact Details

 Visit Website


 Physical Address

  • 7/8 Welshpool Road, East Victoria Park, Perth, Western Australia, 6101, Australia