Who qualifies to borrow money from Ferratum?
Ferratum Money is committed to simplicity, transparency, and affordability. We're happy to expose the inner workings of the lending world because you deserve to know what goes into our decision.
You are actively working, receiving a net income of $2,000 per month or greater.
We will check your file with the credit bureau when you apply.
Your payment history
You have no late, overdraft, or insufficient funds fees.
Your financial health
You do not have a bankruptcy on your credit file.
Your debt-to-income ratio
Your debt-to-income ratio (DTI) compares how much you owe each month to how much you earn.