Rating based on 876 reviews


Ferratum is a Registered Financial Service Provider / FSP70021

About Ferratum

It is not every day that you find a credit provider that allows you to reschedule another payment date when you can’t meet your initial date.

At Ferratum, we wanted to push the boundaries a bit and give our clients the benefit of the doubt. Although they may have not been able to pay at the required first date, that doesn’t mean we should throw in the towel. We received a lot of grief about this option but we still implemented it because the only thing that matters to us is how happy our customers are.

Swift and stress-free finance applications

Considering the fact that there are many people who have taken an interest in our services, these people are both young and old. Therefore, we have seen to it that we simplify our loan applications. We have the steps so easy that even a 60-year-old can understand it. We don’t want our clients being delayed due to our loan process being too difficult to comprehend. Having said that, we have made the loan application to be as easy as pie!

Customer feedback and testimonials

We receive a number of good reports about our services and how we should continue doing the good work that we are doing. This makes us feel like we are heading in the right direction as far as offering a financial service is concerned because the last thing we need is to have a string of unhappy clients at Ferratum.

What Ferratum can offer you

You can apply for a loan 100% online or visit us in store during normal business hours. Our loan amounts range from $100 to $1,000 which carry an APR of 277% per annum.

Loans approved with bad credit

We believe in second chances and are one of the only lenders that offer bad credit loans while still keeping our rates low and affordable. Whether you've been denied a loan by your bank or have poor credit - we can help you access credit TODAY. Existing customers can get an instant cash loan by sending us a text message request.

Do you have any complaints?

In as much as we strive to be one of the best financial providers in the industry, we know we might slip up from time to time. If you have been mistreated in any way by one of our agents, please don’t hesitate to call us.

We don’t want to lose clients over a minor issue that can be resolved without having to undergo any mediation process. We don’t take any complaints to heart, in fact, we welcome them openly. After all, we would like to resolve problems if there are any and not throw them under the carpet and pretend everything is great while clients are unhappy. Let us know what we are doing wrong and we will do our best to fix it.

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In a Nutshell

  •  Average processing time 2 hours
  •  Online application
  •  In-store application
  •  Unsecured loan option
  •  Bad credit consideration
  •  Early repayment

Getting your loan approved – FAST

When you need a fast loan, we are the answer!

Loan requirements

Clients need to ensure that they are above the age of 18 years if they would like to apply for a quick cash loan. Secondly, they need to ensure that they are New Zealand citizens or have permanent residency to dwell here. When you don’t live in New Zealand or don’t occupy full residency in New Zealand, it may become a bit of a long search looking for you in another country whereas New Zealand is within the borders that we are looking for and convenient. Thirdly, the client needs to be employed and should earn an income on a periodic basis. We don’t have a problem with how the salary is being paid but the customer should be able to pay off the loan he has with us at Ferratum. Lastly, we require the customer to have a valid banking account that will be used when we deposit the money and that is also the one that your money is being deposited into when you get paid.

Do you perform credit checks?

The only reason why we perform credit checks is so that we don’t overwhelm our clients while they already have enough on their plate as far as other debts are concerned. We also need to determine if their affordability rank is in good standing so that they don’t ask for a loan they will not be able to pay. We are always willing to help our customers get to a better place by helping them set their budget properly.

Ferratum loan customer confidentiality

Everything we do at Ferratum is private and confidential. The details and documents we ask of our customers will be used for the purposes of approving your loan application only. We will never ask for your details so that we can use them for other purposes not related to your credit applications. Therefore, you can rest assured that all your information is safe with us. Furthermore, we will never contact your employer about your loan application. Everything we do at Ferratum stays within our border sand parameters.

Adhering to the terms and conditions

It is very important that customers adhere to the contract agreements of their loans if they want to have a long and fruitful relationship with Ferratum as well as their lenders. Everything there is to know about your loan and what is expected of you as the client is written in black and white on the credit contract. Failure to follow all that is stipulated there may put you in big trouble, such as being labelled as a bad credit payer or us refusing to help you in the future. The best thing you can do for yourself or financial reputation is to ensure that you will be able to pay off the loan or don’t apply for it at all.

Eligibility & Requirements

  •  18 years or older
  •  NZ resident
  •  Employed full-time
  •  Self-employed
  •  Credit check
  •  Bank statements

Other Products & Services

  • Fast Loans

Customer Reviews & Testimonials

Here’s a short video about Ferratum

Contact Details

 Visit Website Apply Directly


 Physical Address

  • 132 Hurstmere Road, Auckland, Auckland, 0622, New Zealand

 Postal Address

  • PO Box 33-1009, Takapuna, 0745, New Zealand

Opening Hours

  •  Monday 09:00 – 17:00
  •  Tuesday 09:00 – 17:00
  •  Wednesday 09:00 – 17:00
  •  Thursday 09:00 – 17:00
  •  Friday 09:00 – 17:00
  •  Saturday Closed –
  •  Sunday Closed –