Get out of the Payday Loan Loop with a Ferratum Personal Loan

Ferratum Money

Faster, cheaper, better.

See why our Personal Loan beats the competition:

  • We work with your financial history
  • Inexpensive flexible payments
  • Borrow more for longer



The funds you deserve, when you need it

At Ferratum Money, we want to help you get on with your life - whether you need money for an vehicle repair, to cover emergency expenses, relocation or moving expenses, or to get some breathing room. Our online Personal Loan is an affordable, fast, convenient alternative to payday loans.

Ferratum Money

From 18.9% APR

Up to $15,000

No documents

100% online

Up to 5 years

Flexible payments

Other lenders

391% + APR

Max $1,500


Finalize in branch

30 or 62 days

Lump sum payment

Why settle with high interest rates, short terms, and lump sum payments? A Ferratum Personal Loan gives you the power to borrow from $500 to $15,000 for up to 5 years. Our 100% online application is available 24 hours a day, 7 days a week on any device. Once approved, you'll receive funds deposited directly to your every day bank account in under 24 hours.


The Ferratum Money advantage


No banks

No banks or branches.


No documents

No documents.


No waiting

No waiting.



We work with you

Financial balance

We know you're more than just a credit score. We'll help you find the best rate based on your financial health and history.


Calculate your loan >



World-class Customer Care

We're here to help!

Our knowledgeable Customer Care staff are here to help via email, phone, and online chat during and after your lending journey.


Visit our Help Centre >


What do I need to apply?

Canadian citizen

Canadian citizen

Email address

Email address

Mobile phone

Mobile phone

20+ years old

20+ years old


      Am I Eligible?      


Fastest deposits

Get it fast

Did you know Ferratum has some of the fastest deposit times anywhere? Get money deposited into your bank account generally in under 24 hours.


See how fast >



Easy application

Apply on any device

We don't make it complicated at Ferratum. Get an online decision in just 10 minutes from your smart phone, tablet, or desktop computer.


Try It Now >



Trust, transparency, responsibility

Ferratum is a pioneer in digital and mobile financial services technology, currently operating in 25 countries, offering a variety of financial services including: digital consumer and business lending; mobile banking services; white label and partnered mobile bank platforms.

Ferratum Group is listed on the Prime Standard of Frankfurt Stock Exchange under the symbol 'FRU.'

      Learn more      

Start your application

In 10 minutes, get an online decision and the funds you deserve.



Available for amazing people living in ON, BC, AB, NS, NB, NL. Borrowing amounts of $500 to $15,000 CAD from 6 to 60 months. Our interest rates start from 18.9% and are calculated based on your overall financial health. Apply to see your rate and how much you're approved for. Have more questions? Don't hesitate to chat with one of our Customer Care representatives.