If you’re looking for a personal loan but aren’t quite sure which one to choose, today is your lucky day! Your financial freedom could be just a few clicks away. With Fig Financial, you can apply for your loan in just a few minutes and start achieving your dreams with ease! Fig is uniquely backed by Fairstone Bank and developed in collaboration with Koru, a groundbreaking venture studio owned by the Ontario Teachers’ Pension Plan. As a subsidiary of Fairstone Bank, they uphold an extremely high standard when it comes to data security, privacy, and protecting your personal information. Therefore, all your data is safe within the platform. In this post, we’ll show you the step-by-step process to secure your personal loan and access the funds!
How to Apply for a Personal Loan at Fig Financial?
Fig Financial offers a very quick and straightforward loan process. Free from excessive bureaucracy, complete your entire loan application in under 10 minutes from the comfort of your home. Plus, you choose the amount to borrow, the timeframe, and the repayment schedule that works best for you. Loan amounts can go up to $35,000 with rates from 8.99% to 29.49% – making it one of the best options on the market. The application form is very simple, and you can fill it out directly on the platform’s website, without many steps. To start the application, simply click the link available on the website’s homepage. If you qualify for a Fig loan, once you fill out the required fields, your pre-qualified loan offer will be generated in 10 seconds. After filling out the required details, if you meet the eligibility requirements, you will receive a guaranteed pre-qualified offer which you can apply for. This offer is guaranteed to remain the same amount, and interest rate, throughout the entire application process. A positive point is that your offer will remain valid for seven days from the time you complete our pre-qualification form. When you book your loan, Fig Financial immediately sends you a confirmation email that includes the date you will receive your loan.
After your loan is booked and confirmed, you can expect to receive the funds in your connected bank account within 2 business days. Please note that the exact timing depends on your bank, and the funds may arrive by the end of the second business day.
How Will Fig Financial Analyze My Data?
During the analysis, Fig Financial uses a soft credit check first and foremost to prepare and pre-approve your personalized offer. This allows them to determine your eligibility for a loan and provide you with the best offer. Additionally, it’s worth noting that a hard check requires your express consent and is only done during the application process once you have provided them with further details to complete the approval process.
Fig also offers unsecured personal installment loans with no hidden fees or penalties for early repayment. The loans are flexible, allowing you to make additional payments at any time. If you have any questions about your rate, repayment terms, or deposit dates, simply reach out to the customer support team: they’re just a chat away, and you’ll receive your answer in a few minutes.
What Documents Are Required to Complete My Application?
Fig Financial loans do not require many documents or criteria for you to complete your application. Fig partners with Flinks to automatically collect your banking details during your application. They request that you link your primary bank account where your payroll is deposited. Therefore, the documents required to finalize your application are:
- Online banking credentials
- Canadian government-issued photo ID
Currently supported Canadian documents:
- Passport
- Permanent Resident Card
- Driver’s License
- Provincial ID (excluding Health Card)
Your Loan Is Just a Few Clicks Away!
Obtaining your personal loan has never been easier! In just 10 minutes, you complete your application and know when you will receive the available funds in your account to achieve your dreams and reach your goals. Don’t waste any more time: apply today and become one of the thousands of Canadians who rely on Fig Financial to have that extra money in their bank account! Click the button below to be redirected.