Fig
Personal loans up to $35,000. Competitive rates starting at 8.99%. No fees and fast funding. Check your rate securely in minutes without credit impact.
Fig offers a modern, fully online solution for Canadians wanting to consolidate debt, manage expenses, or make a major purchase. Loan amounts reach up to $35,000, with rates starting as low as 8.99%. There are zero application, origination, admin, or prepayment fees. Loans can be funded as soon as one business day, and you can check your rate without affecting your credit score.
Simple Application Steps
Step 1: Check your rate in seconds with a few details; no credit impact at this stage. Step 2: Complete your online application from any device, with no branch visits or paperwork. Step 3: If approved, e-sign and receive your funds directly to your account—potentially the same or next business day.
Fig Pros
One major advantage is zero fees of any kind, including no penalty for repaying early. The rate check process is stress-free, letting you see possible offers without a credit hit. The service is praised for its easy, digital experience and responsive Canadian support.
Fig Cons
While most borrowers report positive experiences, the lowest advertised rate (8.99%) may not be available to everyone. Some reviewers mention rates could still be higher than a traditional line of credit, depending on your credit profile. Fully online service may not suit those who prefer handling loans in person.
Verdict
Fig personal loans are a strong choice for Canadians looking to simplify debt or access quick funding with full transparency. If you value straightforward pricing and digital convenience, Fig stands out with its low minimum rates, fast process and lack of hidden costs.
