"Pricipal Amount Bank Scammer "

I strongly advise against taking a loan from this bank. They are nothing short of scammers. I took out a loan of €3,100 and have already paid €2,123, yet the principal still shows €2,400 remaining. I understand that a 46% interest rate is high, but what’s truly concerning is how they handle the principal payments.

When I started paying closer attention, I noticed that the principal amount wasn’t being deducted as it should. During a WhatsApp chat with one of their representatives, they accidentally mentioned that the principal amount increases every day. How is that possible? They take their interest, and somehow, the principal also increases?

After my May 2024 payment, the principal balance was €2,486. I paid €150 in both June and July, and according to their records, €53.87 in June and €46.40 in July were supposed to go toward the principal. However, after my July payment, the principal only decreased to €2,459—just a €27 reduction instead of the €100.27 that should have been deducted. So where did my missing €73 go?

This discrepancy is just from the last two months—who knows what’s happening over the course of the entire loan. They also refuse to provide clear details about the principal amount via email. I highly recommend avoiding this bank for any loans.

"Absolutely vile technique.."

Absolutely vile technique... Had a good news text so went through the process. Congratulations a lender has been found. Absolute lies it was a check your credit score for £19.95 per month.
Reporting these to the FCA...
Crawl back under the rock you came from Ferratum...

"Truffatori!"

Truffatori! Non versate nemmeno un cent a questi truffatori. Chiedono pochi euro per iniziare investimento, vi mostrano come il capitale può crescere in modo rapido, vi chiedono continuamente altri soldi per aderire a nuovi progetti ma quando si tratta di prelevare dai fondi, fingono di accettare le richieste di prelievo e chiedono altri soldi per pagamenti di servizi per scambi, dopo che pagate i servizi, vi chiedono deposito cauzionale per rendere la transazione legale in Italia e praticamente non vedrete mai un centesimo ma solo continue richieste di fondi per ricevere il bonifico. Fate attenzione che inizialmente quando vi spiegano tutto, e vi mostrano la procedura di prelievo, la fanno vedere da Coin base ma i vostri soldi non sono su Coin base ma sono sulla loro piattaforma e non c'è modo di trasferirli, se non pagando ancora e ancora (un circolo virtuoso che genera la truffa).

"Well I have been getting emails about…"

Well I have been getting emails about getting a loan but when I tried it.it wasn't approved a total scum pliz I require no one to get a loan from this website

"Avoid. Stinks! Wreck lives"

Absolutely disgusting company and not even worthy of the 1 star. Been having negative affects on my credit since 2013. They do not check your financial stability and they do not check your records. At time of loan I was unemployed and homeless. Stinks. Financial ombudsman now involved

"This is one of the more predatory and…"

This is one of the more predatory and vicious lenders on the market place. They embrace usury with fervent exploitative enthusiasm and do not have the respect or professionalism to even respond to their victims’ complaints. Deeply unpleasant and I’d urge you not to be snared in their web of extortion.

"Awful company"

Awful company, avoid at all costs. Ridiculously high interest rates, and will constantly offer you more money. Do not do proper credit checks and fail to provide service they should offer and do due diligence. Had to put in an affordability complaint due to not following guidelines.

"Reliable lender"

Reliable lender with an efficient customer services department that functions well in good times and tough times.

"Using global pandemic to steal from…"

Using global pandemic to steal from people. Most shi#$@% organisation since spanish inquisiton.

"Answered complaint in around 4 weeks…"

Answered complaint in around 4 weeks all sorted within 24hrs of accepting offer. Could not ask for more if only other companies acted this way