Mortgage News

Short term loans with massive interest rates

Monday 20th of June 2011

Finnish firm Ferratum Group has set up its mobile microloan service in New Zealand offering cash to borrowers at high interest rates.

Ferratum says it offers "Kiwis a quick fix solution to urgent financial problems" by providing short-term, unsecured quick cash loan by a mobile phone.

It is offering loans of up to $600 for terms of one day to 30 days, but says that it may look to...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.