Ferratum NZ

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

In the modern age, where everything is so expensive, it may be surprising to find that there is still a financial provider that puts customers first.

The first month no interest loan

When they decided to introduce a “first month no interest loan” for customers, Ferratum received a lot of criticism from other companies. Most of them emphasized how they would lose so much money.

Ferratum, on the other hand, didn’t care about the potential losses incurred by opting to let clients not pay any interest on their loans the first time they took up credit with them. In fact, they were happy to know they could make a positive impact on their customers' financial lives.

Pay your loan in the next 45 days

When they decided on the 45-day repayment period, they knew it would give clients more than enough time to secure the payday loan they needed. Forty-five days is essentially a full month, overlapping with nearly two weeks.

Failing to communicate with Ferratum when facing difficulties in repaying a loan can be a pretty big mistake. They’re always there to lend a helping hand, but it’s really important to reach out sooner rather than later if you’re in a tough spot. Don’t just sit there hoping it will sort itself out! Sometimes folks think they can handle it on their own, but honestly, talking to someone can make all the difference. It’s better to have a chat about your options rather than waiting until it’s too late.

The reason the idea has to be practical is that it has to be doable. Ferratum offers practical financial solutions.

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

Ferratum loan calculator

Prior to taking up any short-term loan, they always encourage their clients to make use of the loan calculator first. This way, clients 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 the due date for the payment is, and what the total amount paid will be.

They must emphasize that nothing is thumb sucked here; every figure has been carefully calculated. If clients need more clarity on how they arrive at these figures, they are encouraged to feel free to contact them. Everything they do is transparent, so they have no problem explaining everything to clients again in detail.

What is the maximum amount clients can borrow?

Although the maximum amount clients can borrow is $1,000, this will not be the amount that every customer receives on the first go. Clients 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.