- Amount: $500 - $1 900
- Term: 3 - 12 months
Ferratum table of repayments
|$900||$288||$1 188||3 months|
|$1 500||$1 020||$2 520||12 months|
A representative example
Loan amount $500 borrowed and fully repaid after 3 months of using the loan. Total amount payable = $660. The fee would be $160.
Ferratum experience and discussion
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Is Ferratum a scam?
No. The product is absolutely fine and no need to worry about anything hidden. The company Ferratum Australia Pty Ltd. really provides these loans.