Ferratum – Loan details

Fast online loans up to ₦10,000 with a 14-day repayment term. Approval in 5 minutes. Available for Lagos residents.

Loan amount ₦1K – ₦10K
Interest from 4.00%
Term 1 – 1 months
Approval 5 minutes

Pros

  • ✓ Fast 5-minute approval
  • ✓ Simple online application
  • ✓ No collateral required

Cons

  • ✗ Available only in Lagos State
  • ✗ Short 14-day repayment term
  • ✗ Small maximum loan amount (₦10,000)

Requirements

  • Must be 18 years or above
  • Must live and work in Lagos State
  • Must be employed or self-employed with monthly income

Company information

Bidellus Nigeria Limited
Lagos
https://www.ferratum.ng

This document is for informational purposes only. Always verify current terms and conditions directly with the lender before signing any agreement. CoolFinance.com.ng is an independent comparison portal operated by double technology s.r.o., Czech Republic.