Ferratum is one of the leading UK payday lenders, providing short term loans of £100 - £300, repayable over 7 days to 45 days.
The company's is, in fact, one of the leading micro loan lenders in
Europe and internationally, operating in a total of 19 countries,
including Australia, New Zealand, and Russia.
All in all, they have served over 1,000,000 customers.
One of the distinguishing features of the firm's payday loans is that you can apply to get one through SMS messages from your mobile phone, making the application process very rapid and easy to use.
However, if you choose to, you can also apply to one of their cash advance loans online, with an online form and rapid application processing times, as the system is highly automated.
Also unlike many other payday lenders in the UK, Ferratum heavily depends on using credit checks, for which their provider (as of writing this) is Equifax.
When processing the loan application, they also consider other features of your application, including your age, your address stability, and how your financial affairs have been handled in the past.
In addition to good credit, some of the basic requirements to getting a
payday loan from the firm include a minimum of 18 years of age,
employment, email address, a mobile phone with credit, and a bank
To apply, as a first time customer, you must apply via the online form available from the company's official website. If you are a returning customer, you can choose to apply by either via SMS text messages or by using the website form.
Approved loans are transferred to your bank account via the UK Faster Payments Scheme, with the speed of transfer depending on which bank you have an account with, typically from instant transfer, but up to 4 hours.
Once you have paid the existing loan back to the company in full and on time, you can apply to have a new loan, as there can only be one open loan per customer at a time.
Cash advances should be used for short-term financial needs only, not as a long-term financial solution.
| Terms & Conditions | Copyright 2012 © Vippi-opas.com