Ferratum Personal Loans - Short Term Cash Loans
What is a Personal Loan?
The term personal loan represents a whole range of different types of loans and financial products, but how do you know what type of personal loan is ideal for you? – there are so many different types of cash loan these days! What the loan is supposed to be purchasing or doing for you: eg. a car, holiday, personal expenses etc.. will largely determine what kind of personal loan you should look for and who from. Need $40k for a new car? Maybe start by talking to your bank, but need $500 for an unexpected bill? Ferratum could help you. There are also many different factors that go into determining the cost of the personal loan that is offered and your particular loan terms so this is really on a case by case situation.
At Ferratum we offer small, short term personal loans to our customers that are designed to help them in the short term until they can get back on their feet or have access to cash once again. There are so many situations where a small personal loan like this might get used by a customer like:
- Car repairs, servicing, maintenance or upkeep (think new tyres etc..)
- Unexpected bills
- School fees
- Medical Expenses
- Vet expenses
- You just need a little extra cash
The list goes on and on, but at the end of the day, there are any number of reasons that a fast personal loan could come in handy for you. Traditional personal loans from the large banks are generally not fast or flexible enough to help in situations like these, where the cash is required on very short notice and speed is the highest priority. In addition to this, there are many people who simply are not able to access personal loans from a bank for various reasons.
What makes a Ferratum personal loan a good choice?
Speed: Applications are 100% online and can be done right from your mobile phone or tablet in as little as a few minutes of your time. The process is easy, you just need to visit the Ferratum website, select your required loan amount and time frame then using the simple online form, fill in a few details. Once you’ve applied you will receive a credit decision in minutes and if approved, could have your cash paid out to you within the hour*
It’s easy: When you apply for a Ferratum personal loan it's 100% online and requires nothing more than a few minutes of your time. The process is even faster and easier for existing customers who can log in with their email and PIN number then re-apply for a loan in just a couple of clicks. You can apply for a loan anytime of day or day of the week.
Flexible loan amounts: Our personal loans range in size from $300 up to $1900 in size so they are small, flexible and fast. Our terms range from 30 days to 6 months in length, keeping them short and flexible. Need $700 for a car service or $1300 for medical bills? We can help!
Excellent Customer Support: Our customer support is second to none in the lending industry and our team of dedicated service and support agents are always here 24 hours a day to take your calls. So if you had any customer service related questions about your personal loan with Ferratum please contact us via our contact page.
No Credit Checks: Our application process does not include any credit checks so even if you’re unable to apply else-ware due to credit history, there’s a good chance we could still help you. As part of the process we need to be given access to 3 months of your bank statements and also a proof of ID is required, but these important verification points aside there are no actual credit checks.
No waiting in line or paperwork: As part of the application process with Ferratum, there is never any paperwork to be signed and submitted back to us or any form of physically having to wait in a line or meet someone in person. Our process is 100% online, easy and straight forward.
*Transfer time may vary depending on your bank. Approvals outside of business hours will be dealt with the next business day.