FATEN review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Faten is a direct Palestinian lender, Palestinian Credit and Development Company (Faten), for borrowers with a good credit record and steady income. Loans run to $5,000 over 4 to 72, with a hard credit check and a small application fee, but funds arrive after document review.

Key facts

Best for
Borrowers in Palestine and Jerusalem with steady income who want a straightforward term loan.
Loan amount
$5,000 (Source, checked September 26, 2026)
Term
4 to 72 months (Source, checked September 26, 2026)
Arrangement fee
Application fee USD 10 to USD 50 depending on loan amount; no grant or placement commission (Source, checked September 26, 2026)
Credit check
Hard (Source, checked September 26, 2026)
Funding time
Up to one week after the credit officer receives all required documents (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Free early repayment
Yes (Source, checked September 26, 2026)
Eligibility
Age 18 or older; Palestinian or Jerusalem identity card; permanent resident in the area; good credit record; stable documented income (proof of income no older than 3 months) (Source, checked September 26, 2026)
Loan types
Personal, Business, Secured (Source, checked September 26, 2026)
Credit needed
Good (Source, checked September 26, 2026)
Use cases
Home-improvement (Source, checked September 26, 2026)
Legal entity
Palestinian Credit and Development Company (Faten) (Source, checked September 26, 2026)
Headquarters
Palestine (Source, checked September 26, 2026)
Founded
1999 (Source, checked September 26, 2026)
Support channels
Phone, Help-centre, Chat (Source, checked September 26, 2026)
Official website
faten.org

Apps and profiles

Get the app
Google Play
Elsewhere
LinkedInX

Pros and cons

Pros

  • Free early repayment, so you can settle the balance early without an exit charge
  • Lends directly rather than through a broker, with terms running 4 to 72
  • Small application fee, rising with the loan amount, and no placement commission
  • Phone, help centre and chat support, and a hard credit check that is typical of the market

Cons

  • Funding comes after the credit officer has all the required documents, so there is a waiting period before the money arrives
  • Eligibility is narrow: a Palestinian or Jerusalem identity card, permanent residence in the area, a good credit record and stable documented income
  • The top loan size, $5,000, sits well below the largest amounts lenders on the site offer
FATEN

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Scored 9.2 / 10 by BorrowCue.

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Who it suits

  • Adults living permanently in the area with a Palestinian or Jerusalem identity card
  • Borrowers with a good credit record and stable income they can document
  • Anyone who wants to repay early without extra cost

Who should look elsewhere

  • Monzo Flex, if you want a much larger loan than $5,000
  • Cashspace, if you need the money straight away rather than after a credit officer reviews your documents
  • Cashspace ES, if you are based outside the region, as Faten lends to permanent residents in the area

The company behind it

Faten is Palestinian Credit and Development Company (Faten), a direct lender founded in 1999 and based in Palestine. It offers personal, business and secured lending and lists home improvement as a use for its loans. You can reach the team by phone, help centre and chat, so there is a person to talk to while an application is being assessed.

How FATEN compares

Where FATEN is available

Available
Palestine
Licence in Palestine
Palestine Monetary Authority, checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

How much can I borrow from Faten?+

Faten lends up to $5,000 across its personal, business and secured loans. Home improvement is a listed use for the money. That is well short of what some other lenders on the site offer, so check the figure against your own project before applying.

What fees will I pay?+

There is an application fee that rises with the amount you borrow, and no grant or placement commission, so the cost of applying stays limited. Early repayment is free, and once a loan runs 4 to 72 you can settle it early without an exit charge.

How long does it take to get the money?+

Funding follows a credit officer's review once every required document is in, so there is a waiting period between approval and money arriving. Applications that meet good credit and income requirements follow the same route, and the clock starts only when the paperwork is complete.

Does Faten run a credit check?+

Yes, the credit check is hard and it needs good credit to pass. Applications also require stable documented income, with recent proof of income. Applicants must hold a Palestinian or Jerusalem identity card as well.

Who can apply?+

Applicants must be adults, live permanently in the area, and hold a Palestinian or Jerusalem identity card, alongside good credit and stable documented income. That residence requirement is the main limit for anyone living elsewhere.

Who regulates Faten and how do I complain?+

Faten operates under the Palestine Monetary Authority in PS and trades as Palestinian Credit and Development Company (Faten), founded in 1999. Questions go to the team by phone, help centre and chat, so phone, help centre and chat are all open routes.

Can I repay the loan early?+

Free early repayment means you can clear the balance ahead of schedule without an exit charge, even part way through a 4 to 72 term. If your income improves, repaying sooner costs nothing extra.

Does Faten lend for home improvement?+

Yes, home improvement is the use case Faten lists for its loans, alongside personal and business lending. With terms running 4 to 72, you can spread a renovation or repair cost rather than paying it in full at once.

Sources

Compiled from 4 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: APR, Representative example.

FATEN

FATEN

Borrowers in Palestine and Jerusalem with steady income who want a straightforward term loan.

9.2/10See alternatives

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