Avg. Rating: 5.0 (12 reviews)

The Fastest Online Loans in Canada

Ferratum is an international provider of mobile consumer loans. As a pioneer in the field of financial technology and mobile lending, we have expanded our operations to 27 countries since 2005. At Ferratum, our mission is simple – to provide the best, fastest, and most user-friendly lending and banking services available with unsurpassed personal customer service.

Our customers are diverse and come from all walks of life and situations across Canada. However, one thing all our customers have in common is that when it comes to money matters, they know can rely on Ferratum for uncomplicated short term loans. We understand that, regardless of what your situation is, sometimes you need extra money. And fast.

  • TOTAL FUNDED: Over 100M
  • LOANS OFFERED: Personal Loan


Call Center: 6AM – 6PM EST
Monday to Friday
Support Offered:
  • Web Chat
  • Help Center/Blog
  • Email Support
Availability: Alberta, British Columbia, Ontario

Loans Offered

Below are all the loan products offered by this company.

Conditions & Rates

Interest rate Varies Amount $2,000 – $10,000 Term 12 – 60 Months

Eligibilty & Documents

Who is eligible

  • Living in the province of Alberta, Ontario, or British Columbia
  • Minimum 21 years of age
  • Minimum monthly income of $2,000
  • Actively employed
  • No loans in collections
  • No debt management or bankruptcy
  • No ODSP or social assistance (EI, etc.)
  • Verify digital ID through TransUnion
  • Minimum recommended credit score is 550 and up

What you need to provide

  • Mobile phone number

  • Valid email address

Repayment & Issuance

How fast can you get the money Same day Funding method Direct deposit How does repayment work Weekly, Bi-Weekly, Monthly Payments from your bank account

Articles About Ferratum

By Mashoka Maimona

Mashoka is a journalist for the London Press and the National Post, currently specializing in finance, business and technology.

By Jared Lindzon

Jared Lindzon is a regular contributor to top tier publications around the world, including Fortune Magazine, Fast Company, the Guardian, Rolling Stone, the Globe and Mail, and many more.

Ferratum Reviews

Avg. Rating: 5.0 (12 reviews)
I got my 3rd loan from ferratum

I got my third loans from ferratum. The service is great and if you need to reloans just send them an email and they will reply right away. Compare to other lending company ferratum do not charge hidden fees and other BS service fees.

Ferratum Customer
Very quick service great customer … awesome team

Very quick service great customer service understood the customer needs got my application approved with very affordable terms of repayment. Keep up the great job.

Nice Customer Service

Nice customer service and easy & fast loan processing.

pleasantly surprised

I was pleasantly surprised with the help I received. I wasn't judged for my current situation and all correspondence I had with your staff was a positive one. Thank you for helping me and I look forward in receiving more help in order to consolidate my debt.

Good Experience

Good experience, no problems, no hassles, easy to get the loan I needed.

Robert M
Brilliant Company

Brilliant company, very easy and straightforward. Would certainly recommend 100%.

Very Quick Service

Very quick service great customer service understood the customer needs got my application approved with very affordable terms of repayment.
Keep up the great job

Great service all round

Great service all round, helped me out when needed !

G Kearney
Very Impressed

I have had a 3rd since my last review and I thought why not try after have a $200 loan then a $400 loan, I decided what the hell I would try for $800 and I was very amazed when I got approved moments after applying! I couldn't believe I had scored an $800 loan limit on just my 3rd loan! I just had to say wow! I recently just paid it off by making my last payment. I am hoping to apply for the maximum on just my fourth loan. I hope eventually the limits get higher but if I can get $1,000 I will gladly take it. I didn't think I would that's why I tried for 800 the last time. Now I'm going for the full max.

Your Customer Service is Great!

Your customer service telephone line is excellent, very courteous and they seem to be well trained, unlike the bank and other companies I deal with. Good job, well done !

Excellent fast and reliable service

Excellent fast and reliable service have used on a few occasions and they never let you down!!

D Davies
Straight forward lending no messing

Straight forward lending no messing about .same day processing. Great service. Can't fault them....also as live chat option.

Shaun B

Compare Ferratum with another Company:

Write a Review