Fig Personal Loans
Competitive fixed rates from 8.99%, no fees, up to $35,000, approval in minutes, and next-business-day funding. Great for debt consolidation or personal needs.
Fig stands out in Canada for its personal loans, offering rates as low as 8.99%. You can borrow up to $35,000, with no application, origination, or early repayment fees—making it appealing for Canadians who want to consolidate debt or cover important expenses. The 100% online process lets you apply, check your rate with no credit impact, and receive funds as soon as the next business day. Fig is backed by Fairstone Bank and has a strong reputation, rated 4.8 out of 5 on Trustpilot.
How to Apply for a Fig Loan
- Check your custom rate online—there’s no impact on your credit score at this stage.
- Choose your loan amount and repayment term.
- Complete the application by verifying your identity and sharing some basic financial information.
- Accept your guaranteed offer and get approved for funding—often within minutes.
- Once approved, funds can arrive by the next business day.
Main Advantages of Fig Loans
One major highlight is the transparent approach: you pay no fees, and can pay off your loan any time without penalties. Flexible terms, friendly customer care, and a simple application process make borrowing stress-free.
Fig is ideal for consolidating high-interest credit cards into manageable monthly payments. The ability to check your rate without affecting your credit also appeals to many borrowers.
Main Drawbacks to Consider
Fig operates online only, with no in-person branches—this might not suit everyone. Rates start reasonably, but your actual offer depends on your credit profile.
Additionally, while next-day funding is possible, processing times might vary depending on your bank or additional verification needs. Always review the details carefully before accepting an offer.
Unser Urteil
If you value low-cost, transparent personal loans with quick funding, Fig is a top choice for Canadians. No fees, strong customer feedback, and trusted backing make it a safe pick for your borrowing needs.
You benefit most if you’re consolidating debt or seeking a flexible personal loan with outstanding support and clear terms.
