FlexMoney (formerly Ferratum) – Personal Loan
Loan amount $500 - $15,000
Applying does not obligate you to accept a loan offer.
FlexMoney is a licensed Canadian online lender that took over Ferratum Canada's loan portfolio and customer accounts. Existing Ferratum customers were transitioned to FlexMoney, and new applicants can apply for a personal installment loan directly through https://flexmoney.ca.
We recommend verifying the current loan amount, APR range, and repayment term directly on https://flexmoney.ca before applying, since exact terms depend on your credit profile and province.
✓ Pros
- Fast, mostly digital process
- Same-day funding for many applicants
- Licensed and BBB accredited
✗ Cons
- APR can reach up to 35% for lower credit profiles
- Exact terms should be confirmed directly on the lender's site
Loan Example
Exact APR and repayment schedule depend on your credit profile and province — check current terms directly on https://flexmoney.ca before applying.
Eligibility Requirements
- ✓ Canadian residency
- ✓ Minimum age of majority in your province
- ✓ Active bank account
- ✓ Proof of income
Loan Features
- Fully online application
- Funds typically within one business day
- Licensed lender (BC & Alberta)
- Serves all Canadian provinces
Frequently Asked Questions
Funds within one business day, most same-day after submitting your application.
The minimum amount at FlexMoney (formerly Ferratum) is $500 CAD.