Digitalising Business

Achieving highest customer benefit with cutting edge products and services

We use our own software-based scoring system to evaluate the creditworthiness of new and existing customers. This provides us with key information, such as whether people registering with Ferratum Group have reported the correct information, and if a potential customer is able to pay the loan back at the end of the term.

This software based scoring system combines historical data from all the markets in which we operate with current information on the specific market and the individual customer. We base our lending decisions on a careful assessment of the borrower’s financial position, the ability to repay loans, and whether the borrower’s requirements and objectives will be met by the loan.

The associated mathematical analysis – based on algorithms – is therefore anchored in the legal framework. In order to improve our scoring results, our software-based scoring procedures are refined and updated on an ongoing basis.

Software-based scoring system evaluates creditworthiness of customers

Historical data from all markets