Ferratum Payday Loans

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 $500 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.

Ferratum Cash Loans

Ferratum Cash Loans

  • No credit checks
  • Borrow up to $1,900
  • Bad credit borrowers OK
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Ferratum Cash Loans

Ferratum offers no credit check payday loans with a fast and easy online application. Apply today to get approved.

  • Loan amount: $1,900
  • Loan term: up to 6 months
  • Turnaround time: Same day - conditions apply
  • Fees: 20% of borrowed amount + 4% of borrowed amount each month
  • Must be 18+
  • Must not be receiving benefits
  • Confidential and secure!
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No Credit Check Loans offered from Ferratum

Updated October 18th, 2019
Name Product Maximum Loan Amount Term of Loan Turnaround time Arrears Fee Costs Fortnightly Repayment (for $1500 Loan)
up to 6 months
Same day - conditions apply
20% of borrowed amount + 4% of borrowed amount each month
Borrow what you need with loans starting from $500 and approval in minutes.

Compare up to 4 providers

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.
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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.

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52 Responses

  1. Default Gravatar
    estecydaDecember 29, 2017

    I need money I’m not working at the moment but will receive money end of January 2018.

    • Avatarfinder Customer Care
      RenchJanuary 3, 2018Staff

      Hi Estecyda,

      Thanks for your inquiry. Please note that we are not affiliated with Ferratum or any company we feature on our site and so we can only offer you general advice.

      If you are referring to Ferratum Payday Loans, you may click on the ‘Go to site’ button to submit an online application and check the eligibility criteria.

      You can also have a look on this page if you’re unemployed and needs a loan and compare your options.

      Please click the name of your preferred lender to find out the details and the minimum eligibility. You may then click the green “Go to Site” button to submit your loan application online.

      Best regards,

  2. Default Gravatar
    MargAugust 18, 2017

    I just applied for a $1900 loan.
    When will I find out if this has been accepted, and if approved, when will the funds be paid?
    Thank you

    • Avatarfinder Customer Care
      MayAugust 18, 2017Staff

      Hi Marg,

      Thank you for your inquiry.

      If you applied online and met the eligibility criteria, usually you would get an immediate response from Ferratum. Basically, their microloan is fast and easy if you apply online. I’d recommend that you phone Ferratum directly to check the status of your loan application if you haven’t received any response from them.

      Hope this helps.


  3. Default Gravatar
    SandraSeptember 19, 2016

    Hi,im unemployed and need a loan please.Im a single mother.I just need to buy for my children food and etc.Please is it possible if I loan R10.000 or any amount which you agree to offer me.

    Kindly thanking you

    • Avatarfinder Customer Care
      ElizabethSeptember 19, 2016Staff

      Hi Sandra,

      Unfortunately Ferratum is an Australian lender and will only consider you for a loan if you currently reside in Australia. You may need to find a lender in South Africa to consider you for a loan or some form of financial assistance.

      I’m sorry I couldn’t be of more assistance,


  4. Default Gravatar
    Maidly-annAugust 19, 2016

    Halo i just want to know if you help unemployed people with loan because i need loan till payday

    • Avatarfinder Customer Care
      ElizabethAugust 19, 2016Staff

      Hi Maidly-ann,

      Ferratum does consider unemployed applicants for loans. You just need to show that you have the capacity to repay the loan you’re applying for. To apply, you can click “Go to Site”.

      I hope this helps,


  5. Default Gravatar
    GuguAugust 7, 2016

    I need a loan of R2000 i wnt 2 do a licence so i can be hired at metro my problem i dnt hv a bank account it has been closed since i ws no more working so i wnt 2 knw cn i get a loan i can pay at any shop that u working with

    • Avatarfinder Customer Care
      ElizabethAugust 8, 2016Staff

      Hi Gugu,

      Unfortunately the lenders on the page above only offer loans in Australian dollars and can only consider you’re currently residing in Australia.

      I’m sorry I couldn’t be of more assistance,


  6. Default Gravatar
    JosephJuly 5, 2016

    hey guys I’m a new start recipient receiving payments fortnightly and have been for a few years id like to apply but don’t have a drivers license. I have medicare,healthcare,debit card and birth certificate,is this enough?

    • Avatarfinder Customer Care
      ElizabethJuly 5, 2016Staff

      Hi Joseph,

      You aren’t required to provide a driver’s licence number at the initial application stage but if Ferratum has trouble identifying you a member of their team may contact you to provide them with some ID. During the application you should supply as much detail as possible to help them identify you. If you’re unsure about your eligibility you may need to contact them directly.

      I hope this helps,


  7. Default Gravatar
    MarifeJune 2, 2016

    Need a loan. But no income verification (paystub) but i am working? How do i apply

    • Avatarfinder Customer Care
      MattJune 2, 2016Staff

      Hi Marife,

      Thanks for your comment. Most lenders will need some form of income verification to know you can service the debt.

      Perhaps consider speaking to your employer to get payslips and/or direct deposit pay.

      If you can’t verify your income, you may be able to visit an in-store lender in person.

      Hop this has helped!


  8. Default Gravatar
    TelmoMay 7, 2016

    Hi iam in of a loan

    • Avatarfinder Customer Care
      ElizabethMay 9, 2016Staff

      Hi Telmo,

      If you’re over the age of 18 and can afford the loan you’re applying for you can apply with Ferratum – just click “Go to Site” to submit your application. Take a look at all the fees and features above to ensure you’re familiar with the terms of the loan before applying.

      Hope this helps,


  9. Default Gravatar
    TayApril 30, 2016

    Hey I’m on centrelink. Account currently in negative. Would i still be eligible?

    • Avatarfinder Customer Care
      ElizabethMay 2, 2016Staff

      Hi Tay,

      Ferratum will consider you for a loan as long as more than 50% of your total income isn’t from Centrelink or 20% of your loan repayments won’t come from Centrelink. However, three months of your bank statements will need to be checked by Ferratum when you apply, and the fact your account is in the negative may affect your application. You may want to check with Ferratum directly before submitting your application.

      Hope this helped,


    • Default Gravatar
      jayJune 3, 2016

      I’m from US not an Australian but I’m approved how do I continue with the loan it stops at post code??

    • Avatarfinder Customer Care
      ElizabethJune 6, 2016Staff

      Hi Jay,

      You can’t apply for a payday loan with Ferratum if you aren’t currently residing in Australia and are an Australian citizen or permanent resident. If you’d like to apply for a US payday loan you can compare your options here.

      I hope this helps,


  10. Default Gravatar
    ElizabethApril 24, 2016

    Can I be qualified for a loan? I am unemployed I want to start business.

    • Avatarfinder Customer Care
      DeeApril 25, 2016Staff

      Hi Elizabeth,

      Thanks for your question.

      Ferratum is just one of the companies that will consider you for a loan if you are currently unemployed. The lenders on this page also offer loans for the unemployed. Please note that other eligibility criteria will need to be met.

      I hope this helps.


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