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Ferratum - description of the lender

Loan amount

$2,000 - $10,000

Loan term

12 - 60 months

Ferratum - description of the lender

Company type

Ferratum Group is an international provider of mobile banking and digital consumer and small business loans, distributed and managed by mobile devices.

APR

18.9 - 54.9%

Representative example

40% APR. Example $3,000.00 loan over 18 month term. Estimated payment: $51.10. Cost of borrowing: $1,018.61. Total payback: $4,018.61.

Requirements

  • A Canadian citizen living in Ontario, British Columbia, or Alberta;
  • Have access to Online banking, a personal Email address, and a Mobile phone;
  • Be actively employed;
  • Have a credit score that is Fair to Good;
  • $2,000+ monthly income that is not from ODSP;
  • No loans in collections or prior bankruptcy.
  • Address

    Suite 200, 250 University Avenue,
    Toronto, Ontario, Canada

    Additional information

    T: 1-877-880-3099
    E: CustomerCare@Ferratum.ca

    Other offers

    Fairstone

    Minimum loan amount

    $500

    Maximum loan amount

    $30,000

    Minimum loan term

    6 months

    Maximum loan term

    120 months

    APR

    19.99 - 39.99%

    Loan granting

    Excellent

    Minimum age

    18 years

    157

    Representative example: Loan amount: $7,500, Loan Term: 60 months, Monthly payment: $233.47, Total amount repayable: $14,008.40, APR: 27.99%
    NB! Total amount payable depends on the loan amount, percentage, terms and individual credit worthiness.

    Ferratum

    Minimum loan amount

    $2,000

    Maximum loan amount

    $10,000

    Minimum loan term

    12 months

    Maximum loan term

    60 months

    APR

    18.9 - 54.9%

    Loan granting

    Excellent

    Minimum age

    20 years

    9

    Representative example: Loan amount: $3,000, Loan Term: 18 months, Monthly payment: $51.10, Total amount repayable: $4,018.61, APR: 40%
    NB! Total amount payable depends on the loan amount, percentage, terms and individual credit worthiness.

    Easy financial

    Minimum loan amount

    $500

    Maximum loan amount

    $35,000

    Minimum loan term

    9 months

    Maximum loan term

    120 months

    APR

    19.99 - 46.96%

    Loan granting

    Average

    Minimum age

    18 years

    260

    Representative example: Loan amount: $1,000, Loan Term: 12 months, Monthly payment: $125.09, Total amount repayable: $1,501.08, APR: 29.99%
    NB! Total amount payable depends on the loan amount, percentage, terms and individual credit worthiness.

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