Ferratum

Ferratum

Ferratum offers one of the most popular SMS loans on the market, known for its accessibility and quick payouts. Ferratum is particularly well-suited for borrowers who need financial help quickly without undergoing a credit check with UC.

Simple and Fast Application Process

Applying for a loan with Ferratum is a smooth process where you fill in your details online. After submitting your application, you usually receive instant feedback on the screen. Loan applications can be processed automatically around the clock, which means you can quickly find out if your loan has been approved or not. If manual processing is required, the decision is normally made during

Loan terms

Loan amount: 1000 - 45000 kr

Duration: 4 - 46 months

Interest: 43.99% - 43.99%

Eff. interest: 54.05% - 54.05%

Age: 21 - 70 years

First loan free: No

Payment remarks accepted: Yes

Setup fee: 0 kr

Administration fee: 0 kr

Invoicing fee: 0 kr

Direct payment: Yes

Weekend payment: Yes

Revolving credit: Yes

Minimum required annual income: 24000 kr

Representative example

Utilized credit of 25,000 SEK for 12 months, total amount to repay 30,958.33 SEK (average 2,580 SEK per month). Effective annual interest rate: 54.05%. Credit account with a variable nominal annual interest rate of 43.9999835%. Other fees: Setup fee 0 SEK.

Varning

This is a high-cost credit. If you cannot repay the entire debt, you risk a negative credit record. For support, contact your municipality’s debt advice.