Fig Financial
Borrow up to $35,000. Rates from 8.99%. No fees. Chance to win $7,500. Fast application and funding in as little as 1 business day.
Fig is making waves in Canada by transforming how people access personal loans. With competitive rates starting as low as 8.99%, no hidden fees, and borrowing limits up to $35,000, Fig is worth considering—especially if you want a chance to win $7,500 with their new cash contest.
Getting started with Fig is refreshingly simple. Upon checking your rate, your credit score will not be affected. You simply fill out a quick online form, get pre-qualified, and see your loan offer. If you proceed with your application, verification is required. Once approved, you could receive your funds as soon as the next business day. Flexible repayment options and no fees for early repayment add to the appeal.
How to Apply: Step by Step
- Complete the online application for pre-qualification
- Review your personalized loan offer and rate
- Submit verification documents as needed
- Accept the loan terms and finalize your loan
- Receive funds—sometimes as fast as within 24 hours
Pros of the Fig Loan Offer
One big advantage with Fig is the no-fee structure—no charges for application, late payment, or early repayment, which is rare among lenders in Canada.
The rates are highly competitive, with some applicants getting offers as low as 8.99%. The online process is quick and completely digital, so there’s no need for phone calls or branch visits.
Cons to Consider
As with any lender, not all applicants will qualify for the lowest advertised rate. The top rate may be higher depending on your credit profile.
Also, while the application is very user-friendly, decisions are ultimately subject to eligibility checks, and verification may sometimes add an extra step or two to the process.
Verdict: Is Fig a Good Option?
If you are looking to consolidate debt, pay off credit cards, or just want a personal loan with flexible terms and no fees, Fig stands out as a strong choice. The added chance to win $7,500 is an appealing bonus, and fast funding makes it a practical pick for Canadians needing quick financial solutions.
