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Ferratum Loan Alternative: borrow between £100 and £1000

Due to the effects of Covid-19, short-term lender Ferratum are not providing any new loans. This means that Ferratum are currently not accepting new customers.

Here at Dot Dot, we may be able to provide you with a suitable alternative to a Ferratum loan.

How much was a Ferratum loan?

Before they stopped lending to new customers, Ferratum advertised a Representative APR of 1270%. This means that the cost of some Ferratum loans were higher than products offered by Dot Dot Loans.

Our short-term loan has a Representative APR of 1228.67%. If all this talk of APR is leaving you puzzled, don’t fret! We’ve got an easy-to-understand page, explaining what it means.

Does Dot Dot Loans offer something similar to Ferratum loans?

Dot Dot Loans offers a short-term loan with a Representative APR of 1228.67%.

You can borrow between £100-1000, subject to credit and affordability checks.

If you want to apply for a Dot Dot loan, you can check out our loan calculator tool right here.

Short term loan

Representative Example

Borrow £250 over 3 months with monthly repayment of £133.65 Total amount payable £400.95. Interest rate 284.76% p.a. (fixed). 1228.67% APR Representative.

Am I eligible for a Dot Dot loan?

You can check out our eligibility criteria here. All of our loans are subject to affordability checks.

Why should I consider a Dot Dot Loans as an alternative to Ferratum?

As a part of a well-established financial services business, at Dot Dot Loans we are experienced in keeping things straightforward for you when you take out a loan.

Dot Dot Loans has flexibility when it comes to repayment options. Our Ferratum loan alternatives come in the form of a short-term loan.

Don’t just take our word for it, you can check out our customer testimonials. We are proud to be rated ‘Excellent’ on Trustpilot!

Our customers rated our service as excellent

When are Dot Dot loans funded?

Another benefit of a Dot Dot loan is same day funding. Approved loans are funded every hour 24/7. You can find more information about how our quick funding works here.

If you are thinking of applying for a Dot Dot loan, you can do so by clicking the button below.

Apply now