The Ferratum Advantage

The Ferratum Advantage


At Ferratum, we know your time is money. We also know the last thing you need is a complicated short term loan. All Ferratum short term loans feature these benefits to make managing your loan easy!

Our Simple Pay Repayment Plan, and No Interest options make choosing a Ferratum short term loan the obvious choice.


Simple Pay

Other lenders require you to pay your entire loan back in one lump sum. At Ferratum, we make managing your money easier with the Simple Pay Repayment Plan. Your loan is structured over multiple repayments, making everything much easier to handle with less impact to your wallet.


Repaying Your $400 Loan over 62 Days:


Repaying your $400 loan over 62 days


Example: Ontario resident with a $400.00 loan over 62 days term. Amount advanced: $400.00. Total cost of borrowing: $72.00. Term: 62 days. Total repayment: $472.00 The maximum allowable cost of borrowing under the payday loan agreement is $18.00 per $100.00 loaned. See our Costs page for detailed information.


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No Interest

Ferratum's No Interest Guarantee allows you to give our loan process a test drive. If you are not completely satisfied with your loan, you can return it within 48 hours with zero interest or fees*.


Apply Online

Step 1 - Apply Online

Return Loan

Step 2 - Return Loan

No Interest

Step 3 - No Interest


* Contact a member of our Customer Care Team to return your loan within 48 hours of receiving the funds. You will not be charged any interest or fees.


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50 Amazing Reasons You'll Want To Choose Us For Your Lending Needs


If you're currently considering a personal loan, it's important you choose the right financial institution and the one that gives you the most value. By value, we don't just mean financially, but a company that offers you transparency, honesty, convenience, reliability, ease, and confidentiality.

In addition to traditional banks, there are plenty of financial institutions offering short term loans. However, at Ferratum, we believe in doing things differently. As an international pioneer in the field of financial technology and mobile lending, we have expanded its operations to 25 countries since 2005.

Consumers simply fill in an online application through Ferratum's easy-to-use website. Applications are completely free. After completing an application, you'll receive a decision within minutes and, if approved, you get the money you need deposited directly to your bank. Since Ferratum is an online bank, this means no waiting in line, no paperwork, and no hassles.

Rest assured, when you apply for one of Ferratum's online loans, you’re in good hands.

Still unsure?

If you're currently exploring loan options, to make your decision easier, we outline 50 reasons why you should choose Ferratum for your lending needs:


1) We offer a fast and easy loan application process

2) We ensure the safety and confidentiality of your data

3) We offer a No Interest guarantee on every loan

4) We accept applications from customers on benefits

5) Customers can apply for a fast loan on their smartphone, tablet, or via our website

6) Our customers absolutely love our easy payment terms

7) We love chatting with our customers on Facebook

8) We are continually developing and improving our products and expanding our product portfolio

9) We are a pioneer in short term loans and were one of the first companies to offer fast loans in Canada

10) We have been a leading international provider of mobile financial services since 2005

11) We offer best in class customer care

12) Founded in Helsinki, traditional Finnish values like trust are at the heart of Ferratum's operations

13) Our core values are honesty and trust

14) We bring people and money together in new and innovative ways

15) We value our customers many of who have used our services multiple times

16) We are a part of the smart banking revolution

17) We are a visionary financial company, unique in the Nordics

18) We value our relationships

19) We are your trusted financial partner

20) We are the link between people and money

21) We value our employees and offer many benefits including career opportunities and flexible working hours

22) Our aim is to become the world's leading mobile bank

23) We live by our motto - "Money for the doers."

24) Our goal is to help people with their daily financial affairs

25) Ferratum Group is an international, multicultural and multilingual organization

26) Our social responsibility is expressed through our openness and transparency

27) We believe in responsible lending

28) Our roots are in Finland and we are proud of our heritage

29) We are committed to implementing our traditional Finnish values in all countries that we operate

30) We are 100% online, which means no physical branches, and no waiting in line. You can apply for a loan online quickly and conveniently 24/7

31) All our fees are Provincially regulated

32) We have served over 2 million customers across the globe

33) We provide loans for people aged from 25 to 70

34) We are listed on the Frankfurt Stock Exchange, which means our business model is measurable

35) We believe that by providing private individuals with prompt and confidential short term loans, we have assisted with their day-to-day financial matters

36) We believe in transparent and responsible marketing practices

37) Our online loan application process is lightning fast

38) Our fees are always clear to see, which means no nasty surprises

39) You can apply for a Ferratum loan without even leaving your home

40) Ferratum Group is a fast-growing international company currently operating in 25 countries

41) Ferratum online loan periods are flexible and range from thirty days to sixty two days

42) Customers receive a response to their online loan application within minutes

43) Our aim is to change the world for the better by helping people with their financial affairs and making banking smarter and easier

44) Ferratum brings an end to outdated, traditional banking

45) We always make our loan decisions based on each customer's unique situation and their well-being

46) We think our customers are the best thing since sliced bread!

47) Our mission is to provide consumers with fast loans and best customer service possible

48) Regardless of location, all our customers are treated with equal respect and receive the same great service

49) We have been operating in Canada since 2015 and have a lengthy history in the financial sector

50) We love what we do, every. single. day!


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