Ferratum

Ferratum - Reviews and experiences

Average rating
8.6 /10
Based on 23 reviews
Nov 2023-May 2024
Star distribution
56x
411x
35x
21x
10

Review transparency

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Reviews (23)

Recent loan due date changes

Repayments

I've actually been a customer of Ferratum for a good while now, and I gotta admit, overall it's been pretty good. But, this month I had a little hiccup when they changed my loan due dates without giving me a heads up, which was a bit of a hassle. And when I tried to get in touch with customer service to switch my due date to match up with when I get paid, they took forever to get back to me. Despite these recent bumps in the road, I've always been grateful for the help I've gotten from Ferratum in the past.

Slow payment processing

Repayments

This company would have gotten top marks from me if it wasn't for how darn slow they are at processing payments. It's annoying to always be wondering if your payment went through, especially when it's your last one. Every time I ask about the delay, I get the same unsatisfying answer. Because of this problem, I'm not too sure about using this company for any future loans.

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About Ferratum

Ferratum Group is a financial technology company specializing in digital lending and banking services aimed at simplifying the process of obtaining personal loans and financial products. Founded in 2005 in Helsinki, Finland, by Jorma Jokela, it has since expanded its operations globally, offering a range of services including microloans, installment loans, and banking services through its mobile app and online platform. Ferratum's mission is to provide fast, straightforward, and transparent financial services to customers around the world. The company is listed on the Frankfurt Stock Exchange, reflecting its position as a significant player in the FinTech industry.

Contact Information

250 University Ave.

M5H 3E5 Toronto

Canada

📧 customercare@ferratum.ca

☎ 1-877-880-3099

🌐 ferratum.ca

Last update: November 29, 2024

Website (Partner link)

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