Your question: How can I get loan from Ferratum?

How can I borrow money from Ferratum?

USSD Method:

  1. Dial *322#
  2. Select ‘Make Payment’
  3. Select ‘Others’
  4. Enter ‘04346701’ as the Code for Ferratum.
  5. Enter the phone number used to request for the loan for ‘Customer Reference Number’ (23470********6)
  6. Enter amount.
  7. Select card and enter card details and confirm payment.

How can I access my Ferratum loan in Nigeria?


Just dial the Ferratum loan USSD code *322*6#.

How long do Ferratum loans take?

The loan is always transferred to the account details nominated on your Ferratum profile. You can log in to your MyAccount to check the bank account your loan was transferred to. The settlement of funds depends on your bank processing times, and may take anywhere from 1 to 24 hours.

Is Ferratum a direct lender?

Ferratum is a direct lender, and this means the process is much simpler, as your whole application is done directly with us.

Which app gives loan instantly in Nigeria?

1. ALAT. Nigeria’s first-ever fully digital bank is the first on this list of best loan apps in Nigeria. This is a simple, and entirely digital platform that grants quick and instant loans without any form of paperwork.

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How can I get loan from MTN Nigeria?

Borrow Airtime via *606# Menu:

  1. Dial *606# and select XtraTime.
  2. You can then select your preferred amount from the list.
  3. After selecting your preferred amount, the system will then send you a message with the amount you are about to borrow and the applicable service fee for you to confirm the transaction.

What does * 322 * account number do?

COVID 19 SCAM: PLEASE BE WARNED, there is an information circulating within the society that should dial *322*account number*0425363# to claimed your COVID 19 loan. This code will take you to a place require you to put your ATM details, the moment you do so and they will empty your account.

How can I get a loan with USSD?

The table below shows major banks USSD codes to dial in Nigeria to get personal loans.

Banks USSD Codes For Loans In Nigeria.

Commercial Banks USSD Codes to Dial
Diamond Access Loan code *901*11#
FCMB Loan code *389#
Unity Bank Loan code *7799#
UBA Bank Loan code *919#

How do I get a loan with USSD code?

But these days, getting a loan in Nigeria is as easy as dialing a USSD code, answer the prompt and your bank account gets credited.

USSD Code For Loans In Nigeria 2021.

Lending institution Code
FCMB loan code *329#
Glo cash loan code *322*1*04225701*Amount#
GTBank loan code *737*51*51#
Interswitch loan *322#

Is Ferratum a payday loan?

Ferratum offers short term or payday loans from $500 to $1,900, with repayment terms of 3 to 12 months. The applications are online and are entirely automated. Ferratum will ask you a few questions, and respond to your application quickly.

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Can I pay my Ferratum loan early?

One thing to keep in mind is the ability to repay your loan early. Ferratum, for example, allows its customers to repay their unsecured loans without any early-repayment penalties.

Who is Ferratum money?

Ferratum Australia currently provide consumers with small and simple loans ranging from $500 to $1,900 over terms from 3 up to 12 months. These loans are easy for customers to understand and are often provided to customers who have been neglected by mainstream lenders such as big banks.