Ferratum

Ferratum reviews

23 reviews Verified company
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Overall Rating
The score is the average of all published reviews. More recent reviews count slightly more. Companies have no influence on the score.
87%
Would buy here again
Ordering
8.8
Service
8.6
Pricing
8.2
Delivery
8.6

Featured Reviews

Spotlight: What are our customers saying?

Positive

Fast and Easy Loan Process

9.5

"I just applied for a loan with Ferratum and I gotta say, I was impressed with how quick and easy it was. The online application was super easy to f..."

Critical

Trying to get a loan

5.0

"Oh man, I tried to get a loan from them, but seriously, their customer service was so slow and inefficient. It was taking forever to hear back from..."

Most Voted

My loan disappeared 😢

6.0

"I was gonna go get a loan today, but then all of a sudden they stopped offering them! Like, yesterday they were still giving out loans, but now the..."

Reviews (23)

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Loan service review

S

5 reviews

8.0
Overall Rating
Would buy here again
Yes

I liked the loan service, it was efficient and got the job done. But I think it would be better if the company had more types of loans, like ones that you can pay back over a longer period. All in all, I was happy with how quick and easy it was to apply, and how fast I got the money.

Detailed Ratings

Order
8.0
Service
8.0
Price
8.0
Delivery
8.0

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Slow payment processing

H

1 reviews

6.5
Overall Rating
Would buy here again
Yes

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.

Detailed Ratings

Order
6.0
Service
6.0
Price
8.0
Delivery
6.0

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Short-term loans

E

3 reviews

9.0
Overall Rating
Would buy here again
Yes

I've borrowed money from this company a couple of times and I gotta say, they've really stepped up their game. Approval used to take forever, but now if I apply after hours, I can get approval by 6 in the morning the next day and the cash in my account later that day. And I love that I can ask for more time - like a 45-day extension to pay back the full amount. It's been a huge help in keeping my money in order. All in all, I'm happy with how quick and helpful they've been.

Detailed Ratings

Order
10.0
Service
8.0
Price
8.0
Delivery
10.0

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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.

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Contact Information

250 University Ave.

M5H 3E5 Toronto

Canada

📧 customercare@ferratum.ca

☎ 1-877-880-3099

🌐 ferratum.ca

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Last update: November 29, 2024

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