Personal Online Loans from Ferratum Canada

Quick Online Loans from Ferratum Canada

Personal Loans From Ferratum


At Ferratum, our mission is simple – to provide the best, fastest, and most user-friendly lending and banking services available with unsurpassed personal customer service.

Sometimes you need extra money. Fast. That's why we developed our simple and flexible loan service that gives you access to funds quickly.

Personal loans, also known as micro loans or short term loans, are extremely useful and can often be the perfect solution when something unexpected happens and you don't have the funds to cover it at the time.

Amount Offered For Ferratum Personal Loans

New Ferratum customers are invited to apply for a fast personal loan between $100 and $1,000 with a term ranging between 30 to 62 days.

It's quick, easy, and completely free to apply.

Decide how much you need from our online loan, the duration you need it for, then hit APPLY to complete your application.

Information Required and Processing Time

Using our sophisticated and advanced technology, it takes just seconds to assess your application for one of our personal loans. A decision will then be displayed on your screen, all in the blink of an eye.

There is no paperwork, no financial statements required, and, since it's all done online, there's no standing in line.

You will pass through several virtual "checkpoints" which will validate your information using bank-grade security. During this process, we will verify your ID, check your credit rating, and your ability to repay the loan on the due date.

At the end of the application, we will ask you to confirm that you wish to proceed with one of our loans and then we'll send a PIN to your mobile phone. So, you'll want to make sure you have your mobile handy. Sounds simple, right?

When and How You Get Your Money

The money will be sent directly to your bank account of choice usually in under 24 hours. Quite often though, funds for fast online loans reach our customers even sooner!

Please note that before 9am, after 5pm and at weekends or bank holidays, it will take a little longer for you to receive your money.

Repaying Ferratum Online Personal Loans

Our system will base the repayment day on the same day you receive your paycheque. Your details are checked and stored safely until the due date, which is when we'll debit your bank account.

You're welcome to repay your loan earlier and unlike many other banks, Ferratum will not charge you "early payment fees" if you repay your loan early.

Better yet, since interest is calculated daily, if you do manage to repay your loan earlier, your balance will be less.

Applying For An Additional Personal Loan

If you're a customer who has secured and successfully repaid one of our personal loans in the past and you wish to apply for another loan, you can re-loan with Ferratum even faster.

Oh and since you're already a Ferratum customer, we'd be happy to now offer you up a fast personal loan up to $1,000.00

At Ferratum, it's that simple.

Apply Now

Why Choose Ferratum?

At Ferratum, our mission is simple – to provide the best, fastest, and most user-friendly lending and banking services available with unsurpassed personal customer service.

As a member of the Ferratum Family, you'll get exclusive access to our financial tips and tricks, hacks, and useful money saving information every week right on

Take our latest financial hack for example: We discuss ways you can identify invisible expenses in your life, and how to keep these (and your wallet) in check. If you don't have time to read the article we'll give you a hint: Call on the use of online loans (when you need it), buy a low fuel consumption car, and reduce your monthly expenses in the long term to come out ahead!

Interested in building the best emergency fund possible? We've got an article for that too. These are all included with your short term loan.


Still have questions about our online loans? Be sure to read our Frequently Asked Questions, or speak to a member of our Customer Care team by clicking the chat bubble on the right.