Farratum Payday

Ferratum payday loans offer a fast approval process, enabling borrowers to get their cash fast. The Australian company offers loans ranging from $100 to $1000 with money available to fund all types of requirements. Established in 2005 as part of a European small provider, the Ferratum Group now has over 200 professional advisors in 200 countries serving over 1.5 million customers who wish to borrow emergency funds.  The company is driven by the vision of CEO and founder Jorma believes in offering a professional and ethical service courtesy of a local team of representatives.

Fact Sheet
Loan range $100 – $1000
Loan term 16 to 30 days
Turn over time Same day
Online application Yes
Mobile Application No
Repayment method Direct debit
Website URL ferratum.com.au


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Types of loans offered

A Ferratum loan can help sort out unexpected bills or expenses. These types of loans, also known as payday loans can benefit people who are experiencing short-term hardship, but they’re not designed to help with longer-term financial problems. They can be used to finance travel, or can help provide much-needed emergency cash, forexample when the car needs an urgent repair, or a credit card bill needs covering. Ferratum payday loans are repaid by setting up a direct debit so payments are automatically deducted from your bank account on agreed dates. Loans can be paid back over 15, 21 and 30 days, the length dictated by the amount you borrow and length of pay cycle.


  • Online approval: Ferratum’s easy online application process is quick and gets back an immediate response. It’s much easier than dealing with a high street bank and it saves the inconvenience of having to wait in line. You should get a decision on your application within 15 minutes of applying.
  • Local customer service: Ferratum, unlike many companies, don’t outsource their operations. Their friendly team of advisors offer local, in-house support. The hotline is open during normal office hours so you can talk to real people about your situation and ask questions.
  • No credit checks: Ferratum is not interested in your credit history or any instances of bad credit. They simply need to verify that you are able to pay back a Ferratum loan based on your current personal circumstances.


You can apply for a Ferratum loan if you are over 18. You will need a personal email address and mobile phone number as well as an active bank account.


Ferratum payday loans are applied for via an online process which asks for basic ID and banking details including past 90 days’ statements, as well as the required amount of loan and term. Once you have entered all the necessary information, the automated system will give you an answer in minutes. There’s no requirement to scan, fax or photocopy. Since Ferratum is affiliated with the Australian owned and operated Credit Sense, you can easily upload bank statements to verify income and outgoings. Once all details have been checked, your loan should be processed in 60 minutes or less. If you make an application within working hours you can generally receive you money the next day.