Ferratum Reviews and Ratings


Ferratum offers its Canadian clients fast and reliable short-term loans ranging between $2,000 and $10,000. Since 2005, Ferratum has expanded its reach to 27 countries and is a pioneer in both financial technology and mobile lending.

The Fastest Online Loans in Canada

Ferratum understands that having quick access to financing is what Canadian consumers need. No matter what financial situation you find yourself in, Ferratum’s 100% online application and approval process means no waiting in long lines or excessive paperwork. Once you submit an application you’ll receive your decision within minutes, which means you’ll spend less time worrying about your finances and more time living your life.


Business Hours
Monday-Friday: 6am to 6pm EST

Support Offered
Web Chat Help Center/Blog Email Support

Services Offered

Conditions & Rates

  • Interest rate:
  • Amount:
    $2,000 - $10,000
  • Term:
    12 - 60 Months

Eligibility & Documents

  • Who is eligible:
    Living in the province of Alberta, Ontario, or British Columbia
    Minimum 20 years of age
    Minimum monthly income of $2,000
    Actively employed
    No loans in collections
    No debt management or bankruptcy
    No ODSP
    Minimum recommended credit score is Fair to Good Credit
  • What you need to provide:
    Mobile phone number
    Valid email address

Repayment & Issuance

  • How fast can you get the money
    Same day
  • Funding method
    Direct deposit
  • How does repayment work
    Weekly, Bi-Weekly, Monthly Payments from your bank account

Reviews & Ratings

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