Need Cash Fast? Learn About Our Quick Loans and Cash Loans
Is a quick loan right for you?
What is a Ferratum Quick Loan?
Quick loans offer customers, flexibility and enable people from all around Australia to access money quickly and at very short notice when they need additional cash and don't want to use (or can't access) a credit card. At Ferratum, we offer short term personal loans of $300 to $1900 repayable over 30 days for loans between $300 and $400 and between 3 and 6 months for loans between $500 and $1900.
You can apply directly from our website and once you have been approved for a loan, repayments can be made via Direct Debit. Applications are processed electronically, making Ferratum far more simple and easy to use than our competitors. With all of our quick loans, we will tell you upfront what the full cost of your quick loan will be so there are no hidden charges or unexpected costs.
Quick loans are also known as:
These are all different names for the same type of quick loan, and each can really help in those moments where you have the occasional cash flow problem or unexpected expense. A quick loan can help tide you over for a few days or even weeks until you get paid or can really help when you have a large and unexpected expense that comes up. Quick cash loans can be used to supplement your income in between pay cheques, meaning your life doesn’t have to stop while you count down the days or weeks until payday.
Using quick loans or cash loans like this can help you avoid nasty overdraft charges or returned item fees on your bank account.
Our loan application system is very quick and efficient, which means our customers get their cash loans the same day once we receive all required documents. We try and have a turnaround time of 15 minutes to issue a conditional approval making our service quick and easy, however, this is only for the initial approval. We still need to sight your bank statements (90 days worth), proof of income and other documents to carry out the required assessment to give you full unconditional approval.
An instant cash advance can be ideal when faced with an unexpected bill or an amazing bargain that you don’t want to miss out on!
An instant cash loan can be a better choice than using your credit card. With a quick loan, you can’t fall into the trap of just paying the minimum repayment like you can on a credit card, which would keep you in debt for far, far longer. You are only borrowing what you need. At Ferratum it is about more than just money, we take pride in the fast service we have to offer and with our Australian team, you will always receive industry leading, second to none customer service.
If you’re ready to get started, apply online now and get approved in a little as 15 minutes right here!