up to £750
Ferratum UK payday loans are online lenders, they loan from £50 to £300 and the instalment terms are between 7 and 37 days.
Get a payday loan with Ferratum UK
Ferratum UK payday loans are online lenders, they loan from £50 to £300 and the instalment terms are between 7 and 37 days. New customers are limited to borrowing up to £300 but existing customers may be able to borrow up to £500 once their initial loan has been paid completely. Ferratum UK offer short term instalment loans throughout Europe and are a direct lender, they are well established and are a trusted name in short term finance solutions. They were runner up in the consumer awards in 2017 for their outstanding customer service and transparency. Ferratum UK have an app and websites that are fully compatible with all mobile devices to enable easy loan applications and online account management. There is also a very handy live chat program available to help with customer service communication.
Representative Example: APR 1270% if borrowing £400 for 4 months. Interest: £265.48. Interest rate: 292% p.a. (fixed). Total amount repayable: £665.48 by four instalments of £166.37. Maximum representative APR: 1604% if full loan repaid after 7 days.
How quickly do I get my loan?
Ferratum UK loans can be applied for on their website 24 hours a day 7 days a week. Their loans are funded between Monday and Friday, office hours. Funds are usually transferred within 2 hours but outside of these hours, transfer of funds may take longer.
How do I repay my loan?
Your Ferratum UK loan amount, plus the interest payable, will be collected on the agreed date at application. This will be taken from your debit card. Payment dates usually coincide with salary payments. It is very important you make sure there are funds in your account as you may incur a late payment fee.
What happens if I miss payments?
Should you be in danger of not being able to meet your repayment instalment date it is imperative that you speak to the customer service team on 01514 487324, they will help you to plan a sensible an affordable repayment option. There may be additional charges if the loan is not repaid on time, but your helpful advisor will go through all possible options with you. It is important to recognise a problem with repayments early to avoid any adverse entries made against your credit score, the Ferratum UK advisors can help with any situation, and will do their best to ease the stress of financial hardship.
Loan Qualification Criteria
- You must be a UK resident with a UK bank account and debit card
- You must be employed
- You must have a mobile phone to receive application updates
- You must be at least 18 years old
- Ferratum UK are authorised and regulated by the Financial Conduct Authority
01514 487324 firstname.lastname@example.org www.ferratum.co.uk
Please be aware: late repayment can cause you serious money problems – be sure you can take on a loan. For facts on borrowing, plus advice, see the Government’s website www.moneyadviceservice.org.uk, we would also recommend the following unbiased organisations: