Ferratum

Ferratum has become a credit provider for one reason – we know what the clients want and we give it to them.

In the modern age, we are living in with everything so expensive, you would be surprised to find that there is still a financial provider that puts customers first.

The first month no interest loan

When we decided to have a “first month no interest loan” for customers, we get a lot of critics from other companies. Most of them were emphasizing how we would lose so much money.

Ferratum, on the other hand, didn’t care about the losses we would lose now that we opted for clients to not pay any interests on their loan the first time they take up credit with us. In fact, we were happy there was an impact we could do in their financial lives.

Pay your loan in the next 45 days

When we decided on the 45 day period, we know it gave clients more than enough time to get the payday loan that is needed. 45 days is a full month overlapping the next with close to two weeks.

This speaks to say, a client will get paid within that 45 day period in the manner of a salary or a benefit and they can pay off the loan. Failure to speak to us when you have difficulty paying your loan is a huge error. We are available to try and give you the best feasible idea to help get your money and your life on track.

The reason the idea has to be practical is that it has to be doable. We offer practical financial solutions.

As much as we are seeking to give you the best financial advice on how you get money, we know that some customers often do whatever they please with the money once they received it. However, this has not stopped any of the Ferratum consultants to help clients when they are going through a rough patch and need a short-term loan urgently.

The Ferratum loan calculator

Prior to taking up any short-term loan, we always encourage our clients to make use of the loan calculator first. This way, they will have a more accurate figure of the loan amount they are planning on taking, the period they are planning on taking the loan, when is the due date for the payment and what is the total amount paid.

We must emphasize that nothing is thumb sucked here, every figure has been carefully calculated. If you need more clarity on how we get to these figures, please feel free to contact us. Everything we do is transparent so we have no problem explaining everything to you again in detail.

What is the maximum amount I can borrow?

Although the maximum amount clients can borrow is $1000, this will not be the amount that every customer receives on the first go. They may qualify for a slightly lesser amount based on their credit and affordability. Furthermore, clients should always remember to never borrow more than they need.