Top Ferratum Money Coupon Codes

Latest Deals Expires Coupon Code

Ferratum Money FAQ's

How do your personal loans work?

Customers can apply quickly and conveniently online, or through their mobile device for installment loans up to $10,000 with terms between 12 and 60 months. These loans are personal loans and are paid back through direct debit. We offer weekly, bi-weekly, semi monthly and monthly repayments.

Our loans can be paid off partially or in full with no penalties. Ferratum also has no hidden fees or charges. You will only be charged the interest on the money borrowed.

How much can I borrow?

The amount you can borrow from us will depend on many factors that are built into our automated system.

We offer loans between $2,000 to $10,000 and you can apply for as much as you need.

How long can I borrow for?

Currently our loans are available from 12 months (1 year) to 60 months (5 years). If you wish to pay your loan back even sooner, there are no penalties or fees.

Who can apply for a personal loan?

For a successful application, you need to be:

  1. A Canadian citizen.
  2. Actively employed with a minimum monthly income of $2,000. Unfortunately, we are not able to consider applications where primary income is from disability insurance.
  3. Have online banking with a Canadian financial institution, a personal email address, and a mobile phone number we can contact you on and provide updates related to your account.
  4. Living in Alberta, British Columbia, or Ontario.
    • If you are applying with your VPN (virtual private network) active, remember to disable this.
  5. Be between 20 and 65 years old.