Ferratum

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Company Information

  • Company Name:
    Ferratum
  • Website Address:
  • FCA IP:
    639266
  • Business address:
    Ferratum UK Ltd, Suite 301, 25 Goodlass Road, Liverpool, L24 9HJ
  • Phone number:
    0151 448 7324

Ferratum Bank is a subsidiary of the Ferratum Group, which offers its customers the chance to stay current on daily and emergency expenses when they are short on immediate funds. Providing microloans and microloan-related products has earned Ferratum its solid reputation in the microloan industry as well as having earned its 1,500,000 customers within its various countries of operation.

Customers will find Ferratum in the United Kingdom, Australia, Denmark, Belgium, New Zealand, Lithuania, Croatia, Russia, Poland, Spain, Czech and others around the world, particularly in Northern and Eastern Europe.

A company always eager to stay on the cutting edge of technology, forging exciting new paths for its clients. As is often the case, Ferratum pioneered a launch of a Mobile Microloan product in Europe in 2005.

Jorma Jokela, the company’s CEO, believes letting the company be driven by their passion for innovation. Further, the CEO wants Ferratum to take front stage as the leader in the microloan industry by the year 2014, holding the idea that the microloan company has much to offer many more countries and areas around the world.

Jokela further believes in fostering a strong work force of ambitious and driven employees. With a staff of more than 250 professionals, the company continues to grow and thrive in the microloan industry.

As a lending leader, Ferratum provides reliable, ethics professional and transparent services for its individual borrowers and business borrowers. The company is proud to keep its clients confidentiality in mind at all times as well as paying attention to each customer’s busy schedule and circumstances that brought them to the microloan company, understanding that budgets are often tight in the modern world.

Ferratum requires that all customers undergo a credit check and that they have a job to ensure that they will repay their loan in a timely manner. Additionally, the microloan company takes address stability, age and the previous handling of financial matters in the past into account when determining whether they will offer a loan and, if so, in what amount and on what terms they will do so for their customers.

21 Reviews of Ferratum

Editors Pick
I’d like to recommend Ferratum to anyone that needs a payday loan. This company is a very responsible, reliable payday lender and they have been consistently trustworthy in all of my dealings with them. They have a really good reputation in the payday loan industry and it’s for a good reason- they are fast, simple and care about their customers. Ferratum works all over the world, but my experience is just with the UK branch of the company.

I sometimes take out payday loans to help me cover bills before my next payday, so I have had plenty of encounters with payday lenders. What sets Ferratum apart is that they really try to help you come up with a solid plan to get yourself out of debt, and they don’t encourage you to commit to rollover after rollover which just ends up increasing your debt, they come up with repayment schedules and are very understanding and compassionate.

I struggled with my last loan because I came into some unexpected problems with my work, so I called Ferratum to tell them about the change in my circumstances and to discuss my upcoming repayment. The staff members were consistently polite and never made me feel belittled or intimidated, and they assisted me to the end to help me pay my debt without spiralling further down.

In future I don’t plan on taking out payday loans again because I can’t really afford to and I’m looking for a more stable job situation, but if I ever did I wouldn’t go with anyone except Ferratum.

Review posted by Darren Brown

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So I've had this holiday booked for like a year now and I've been paying it in instalments every month, about 100 quid or so. So it gets to the list month before I'm due to go away and my car breaks down. I've no cash, can't pay for the last month of my holiday and I'm skint as ya like! So I come online and find this firm called Ferratum. Weird name I know, but they looked reputable enough!

I applied via their online form thing and they said they'd loan me 300 quid or so over 45 days. Interest was about 150 or so which isn't that bad considering Wonga were quoting a lot more. I know they're a lesser known firm than those who advertise on the box but they did a decent enough job for me. Give them a try if you're looking for a small amount for a few weeks. They only loan 300 quid or so max though so if you're wanting loans for a grand + don't bother.

Review posted by Justin

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good quick and easy payments

Review posted by Alice Sugden

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Due to losing my current job I rang to speak about my outstanding finance with ferrartum. Service upon requiring a repayment plan was poor.
They are all good and well when making money from you, but when you are struggling they are very shrude and make it difficult to find a solution.
Won't be using them again.

Haven't had a problem in the past but this experience was enough to turn me sour. Was degraded over the phone and felt pushed into a high and unaffordable repayment plan, I felt very stressed and pushed into something that wouldn't suit my current situatio.

Review posted by Bad service

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I cannot praise this company enough. They are so efficient and the customer service staff are absolutely amazing. It is so easy to apply and the funds are paid into the account within 2 hours. I have needed to contact them on a number of occasions both by text and by phone and their response time has always been excellent whether by phone or by text. I would definitely recommend to anyone in need of a short term loan and with poor credit history. Definitely the best payday lenders out there! Absolute 1st class company, I have worked in customer service for 20 years and these are the kind of people I like to feck with, professional, helpful and friendly.

Review posted by Jenna76

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as i live outside the uk this was one campany that could help would use agin

Review posted by john1

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i found this webiste by accident and pleased i did and would recommend them to my firends

Review posted by john2

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I loaned £300 from Ferratum as I someone stole by bicycle and I can't get to work without one. The money arrived quickly which was nice - I applied on my tea break at 10am and the when I checked my bank at lunch time the money was already there.

I spent the money on a nice new bike and a huge bike lock, so hopefully I won't need to repeat this process! But if I do need to borrow money again, Ferratum were easy to use. The full application is online and the money is in your account quickly so its certainly a simple thing to do.

Review posted by Stolen Bike

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when i found out the backround of this companey it made me go for them straight away.

the fact that they are so established and so many of my friends use them gave me confidence in them straight away.

Review posted by harry

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i was travelling through europe and ran out of cash to get back.

after they evaluated me they were more then happy to help.

thanks to these guys i got back in one peice!!!

Review posted by jo

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you can see why ferratum are so well established at those rates any body would.

but hey at least i got quick cash, i suppose there is a price for everything.

Review posted by trinny

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first time for me and would use for a second time

Review posted by john3

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i found ferratum brilliant to use all over. i found myself in a very sticky situation and was just expexting to phone up and ask for a loan.

instead of just giving me the loan they advised me on how i could get out of my 'sticky situation' great. now im back on the right track.

Review posted by hayley

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first time for me and would use for a second time

Review posted by john4

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i had enquired about some information concerning my loan, unfortunatly they had to come back to me with the response.

i told them i was in a meeting at the time they wanted to contact me. they were so helpful. they asked me when more a conveniant time was to contact me. great.

Review posted by gerrardk

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ferratum were so easy to use i was approved and given the loan in no time at all. completely hassle free.

what more do you want???

Review posted by julie

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the first time i use ferratum i was little apprehensive.

but they made everything so clear i was sure i wasnt going to be done over. there are no hidden costs and they are quite reasonably priced iv found.

Review posted by louise

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i found ferratum through a friend and found that they werent the easiest of lenders to use as they do extreme thourough backround checks.

as soon as youve been accepted though i cant fault them. they are extremly helpful and once your application has been completed you dont need to do it again. bonus!!!

Review posted by georgia

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i was a little worried when i couldnt keep to the payment but as soon as called them up they made me feel better straight away.

they were appreciative that i had called and showed their appreciation by easily changing my payment plan free of charge.

Review posted by coal

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iv used ferratum for a long time . they patch me up financially all the time.

ive told all my friends about them too. they like using them as its a short term thing with no long term hold.

Review posted by harrold

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i would never use this company again they are far too expensive and you can see all that they want is for you to go back and spend more money on them.

Review posted by tomas

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