Ferratum provides short term personal loans and with instant decisions.
Ferratum provides microloans to Australians online and has a quick approval process for those who need cash fast. With loan amounts from $100 to $1,900, Ferratum provides options to suit a variety of needs. Localised customer service and fast direct deposits make Ferratum a loan provider to consider.
No Credit Check Loans offered from Ferratum
Ferratum group was launched in 2005, as part of a European microloan group and has since broadened its network to Australia. Over 200 professional assist customers to borrow emergency funds when necessary
Ferratum provides microloans as short term cash loans intended to cover unexpected bills or expenses. In Australia, these are also referred to as cash advance or payday loans and can be helpful for people experiencing financial hardship. These loans are not intended to cover a regularly recurring bill. Instead, microloans can be used to finance travel funds or as emergency cash when people need fast money in emergency situations.
Features and benefits of a Ferratum personal loan
- You'll get online approval.
Ferratum’s online application process is easy and offers an immediate response. If you are looking to get approved online but don’t know where to go, Ferratum offers an easy process where you can find out your eligibility for a microloan instantly. The process is designed to be much easier than a regular bank, so there’s no surprising information required to fill in or lengthy waiting in line.
- It has a local customer service team.
Unlike some companies that outsource their help, Ferratum offers in-house, local support. Also, if you need to talk to someone about your loan on the phone, you can call the local support hotline within working hours.
- No credit checks.
Ferratum doesn’t investigate your personal history or past credit before it approves or denies your loan. The company only uses your current loan situation and bank status to make an assessment.
How you can apply for a short term personal loan from Ferratum
Click "Go to Site" if you're ready to start your application. First, make sure you meet the following criteria:
- Over the age of 18
- Earn a regular income
- Australian citizen or permanent resident
Fill in your personal details on the online application form along with your bank information. The form is quick and easy to complete, you’ll need to complete your personal details, along with your loan term and loan amount.
If approved, Ferratum will notify you via SMS, which you can agree to by replying with "yes". You will then be contacted for more information about your bank details and payment slips. Those can be supplied to Ferratum by fax or email.
Depending on your bank, the funds could be in your account the same day.