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$1,900
Maximum loan amount
Same day
Turnaround time
conditions apply
$396
Fortnightly repayment
for $1,500 loan
3 to 12 months
Term of loan
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Product Name | Ferratum Cash Loans |
---|---|
Minimum loan amount | $500 |
Maximum loan amount | $1,900 |
Initial Maximium Loan Amount | $1,900 |
Arrears Fee | $55 |
Loan term | 3 to 12 months |
Turnaround time | Same day - conditions apply |
Costs | 20% of borrowed amount + 4% of borrowed amount each month |
Requirements | You must be over 18 and have your own email address, mobile, phone number and a bank account. |
Available to Centrelink Borrowers? | Yes |
If you're struggling financially and would like to speak to someone for free financial advice, information and assistance you can call the Financial Counsellors hotline on 1800 007 007 (open from 9:30am to 4pm, Monday to Friday). If you are suffering financial problems related to the coronavirus pandemic you may be eligible for additional support. Find out more here: https://www.finder.com.au/coronavirus-financial-help
Do you really need a loan today?*
It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.
Check your options before you borrow:
The Government's MoneySmart website shows you how small amount loans work and suggests other options that may help you.
* This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.
The application form is simple and can be completed online. After confirming your proof of identity and providing bank details, you will find out almost immediately if you have been approved for the loan. The payday loans offered are short term and are structured to ensure they will lesson, rather than add to your financial burden.
Fill in your personal details and complete the requested information. Your application could be approved in minutes, giving you access to funds quickly. The application form is simple to understand but if you need greater clarity, local customer service representatives are available to speak to on the phone.