The Fig Loan

The Fig Loan

Fig loans range from $300-500 and are repaid over 4 installments set up on a schedule that fits your budget. Unlike other lenders, we work with you to adjust payment dates because we know life doesn't follow a calendar.

Currently, a customer's first loan with Fig is offered at 190% APR. We arrived at this number by working backwards from all the costs of a loan. We built this into the APR so that:

The price you see is the price you pay.

Transparency is what sets Fig a part from other lenders. We don't charge any surprise fees and even give our customers a discount if they choose to pay their loan back early. Why? Because we think it's about time our customers are rewarded for being responsible borrowers.

Fair, Honest Pricing

Here at Fig, we don't believe that you need a point system to achieve a lower interest rate. If you are a responsible borrower, you start to see the savings right away.

Savings start with your first loan. We know emergencies happen and we want to give you every bit of support when you need it the most. This is why Fig’s first loan is offered at breakeven.

Sample APRs1 Apr waterfall

1. Actual APRs will vary depending on your repayment history and additional factors.

Flexible Repayment

We never understood why lenders are so strict about repayment dates. Why not help your customers if you can?

And so we do, at Fig we align our success with the financial health of our consumers. Our customer service team works to alter payment schedules to better suit your budget.

Lastly, we don’t believe hidden change fees and strict repayment schedules help. Instead, we offer the following services to help you take ownership of your payment schedule:

    Responsive Customer Service
  • Connects you with an actual Fig staff member
  • Available by phone, email and text
  • Ability to change your payment dates within 1 business day of your due date (excluding bank holidays)
  • Never a change fee
    Easy to Use Texting Service
  • View and manage your payment schedule entirely through our texting service day and night
  • Need a little more attention? Request a personal consultation any time