Rating based on 67 reviews



  • Payday loans up to $1,000
  • Low-interest up to 227%
  • Repayment up to 45 days

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Author Ferratum. Screenshot of Ferratum website. [Accessed April 17, 2018]

About Ferratum

The last thing you need is to be told tons of different reasons why you can’t get a loan when you need it most.

Getting a payday loan at Ferratum may sound like the perfect plan, especially since banks often give you the runaround.

Get a payday loan today

The days drawing closer to payday are always the hardest to get through because you are getting shorter on certain supplies and the diesel tank in your car isn’t singing the best tune either. It could be, literally anything you need money for but when you don’t have it, you can’t accomplish half of the things you want to do. Thanks to us at Ferratum, we are here when you need us to sort out your payday woes.

All it takes is 4 minutes!

We probably have to be one of the fastest credit providers in New Zealand. After we have approved a client’s loan application, it takes less than 4 minutes before the money is reflected in the customer’s account.

We don’t see why we should delay the process after we have given it the go ahead. After all, we are running a credit business that is aiming to be as fast and effective as we can. We will never make you wait for your money after everything has been approved. After four minutes, you are permitted to use your money in any way you want without anybody asking you hideous questions. Since you applied for it and received a hasty service, you should also get a speedy response.

Ferratum Services

The loan application process is slightly different for first-time clients and returning clients.

For first-timers, they need to complete the online application form that needs to be submitted electronically to us for further viewing and approval.

Easy payday loan approvals

If we are happy with everything submitted to us, your application will be approved. On the other hand, if your application is declined, we will still notify you. Furthermore, we will advise you on what you can do better to improve your chances of approval next time. It is important that clients realize that we try our level best to help everyone who comes asking us for help but whenever we see that a certain customer will not be able to pay for the credit they applying for, we will, unfortunately, have to decline such a credit request.

We have extra benefits for returning customers

If you have taken a loan with us before, you should have your own unique pin that you can use whenever you need to apply for credit again. We must emphasize the fact that although you are a returning customer, you will not be automatically granted credit. The same processes need to be followed. Customers had a tendency of thinking that if they were accepted for credit before, it will be like a breeze the next time. This is not the case, if we find that your budget has slightly changed in a bad way and you are spending way more than you actually should, we may reject your application.

Ferratum Payday loan

  • Loan Type Payday loans
  • Interest Rate 227%
  • Loan Amount up to $1,000
  • Repayment 7 days to 45 days

Benefits of Ferratum

  • Quick payday loans
  • Apply online 24/7
  • Flexible repayment terms

It's faster to get your payday loan from Ferratum than anywhere else!

A payday loan is designed to see you through the month and gives you instant cash if you have an unexpected expense.

After you have applied for the loan, you wait for us to give you a response. Our feedback doesn’t take longer than a day, you will know in a few minutes if your loan application has been approved or not. Considering that this is a payday loan, we will never make you wait the whole day because we know that customers who normally apply for a payday loan want to use the funds urgently.

What happens when I miss a payment?

We know that unexpected things happen. We are also human and we understand that there might be certain things that occur that are beyond your control. If you miss a payment, you need to notify us before the day of your scheduled payment approaches.

This way, we might be able to stop the allocated debit order that will arrive in your bank account to find insufficient funds. However, if you don’t inform us on time and we arrive in your bank account to find it empty with no money, we will deem it is a skipped payment and you will be liable for dishonesty fees. If you inform us on time, you will still pay a penalty fee.

How can I apply for a loan at Ferratum?

Clients can apply on our website online. Ultimately, they can also apply manually by dropping their loan application forms at our branch.

How do I keep my record in a positive streak?

If you want to become a long-time customer at Ferratum, you have to ensure that your payments are always up to date and that you are never late or miss a payment. Furthermore, you should always understand and respect your budget and live within your means. Don’t exceed it when you know you are not in good financial standing to pay for it. Always go for a loan amount you can afford and nothing more. By doing this, you will always be in our good books.

Customer Reviews & Testimonials

Payday loan was approved and paid out within 30 minutes.

Aubrey S.
— Auckland —

The best interest rate I have been offered to date and great service.

Maryann J.
— Dunedin —

Ferratum Contact

Physical Address

Postal Address

  • PO Box 33-1009, Takapuna, 0745, New Zealand

Opening Hours

  • Monday 09:00 – 17:00
  • Tuesday 09:00 – 17:00
  • Wednesday 09:00 – 17:00
  • Thursday 09:00 – 17:00
  • Friday 09:00 – 17:00
  • Saturday – Closed
  • Sunday – Closed