SuperMoney
Explore
Compare Rates

Get Competing Personal Loan Offers

Compare real offers from multiple lenders.

Get Personalized Rates
x I’m not looking for offers right now
Advertiser Disclosure
  Figure Personal Loans
Figure Personal Loans
in Personal Loans from Figure Lending LLC
Unaffiliated

Figure Personal Loans

Unaffiliated
in Personal Loans from Figure Lending LLC
Net Recommendation Score -50  

SUPERMONEY NET RECOMMENDATION SCORE

This product is mostly not recommended by SuperMoney users with a score of -50, equating to 2 on a 5 point rating scale.

-50

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Rating not yet determined  

0 users recommend
1 user is unsure
1 user doesn't recommend
Browse Reviews: 0 Recommendations | 1 Complaints
Leave a Review
Explore a similar product
Try this top product in Personal Loans.
PenFed Credit Union Personal Loans
PenFed Credit Union Personal Loans

Strongly recommended

32 reviews
Learn More
Highlights
Community Rating

Rating not yet determined  
APR 5.75% - 22.94%
Loan Amount $5,000 - $50,000
Loan Term (Months) 36 - 60 months

Figure Personal Loans Review

Figure Personal Loans is offered by Figure Lending LLC, founded in 2018 and based in Reno, NV. Figure Personal Loans is available in 50 states across the USA.

Key Takeaways
  • Large loan amounts. You can apply for loan amounts of up to $50,000 with Figure Personal Loans.
  • Prequalified rate. You can check your prequalified rate at Figure Lending LLC with a soft pull that will not affect your credit score.
  • Charges a prepayment fee. This is rare for personal loans. It means you will have to pay a fee if you pay off your Figure Personal Loans early.
Figure personal loans Pros & Cons
Pros Cons
  • Low APRs available to qualified borrowers.
  • Funding available within business day.
  • APRs as high as 22.94%.
  • Charges an origination fee of up to 3% of the loan amount.
  • Only considers applicants with good credit.
  • Charges prepayment fees.
  • Charges a late fee.
Figure personal loans FAQ

What interest rates and personal loan terms does Figure personal loans offer?

Figure personal loans has lower than average interest rates for lenders reviewed on SuperMoney.

What interest rates does Figure personal loans offer?

Figure personal loans offers a personal loan product that ranges from 5.75% APR up to 22.94% APR.

How much can you borrow via Figure personal loans?

Business loan amounts start at $5,000 and go up to $50,000.

What is the maximum loan term you can get with Figure personal loans?

Figure personal loans offers loans with terms of up to 60 months.

Figure personal loans Interest Rates & Loan Terms
Personal Loan Amount $5000 - $50000
Loan Term 36 - 60 months
APR 5.75% - 22.94%

What fees does Figure personal loans charge?

Does Figure personal loans charge an origination fee?

Figure personal loans may charge a personal loan origination fee of up to 3% of the personal loan amount.

Does Figure personal loans charge a late fee?

No, Figure personal loans will not charge you a late fee if you miss one of the monthly payments.

Does Figure personal loans charge prepayment fees?

No, Figure personal loans does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the personal loan off early.

Figure personal loans Fees
Origination Fee up to 3%
Prepayment Fee N/A
Late Payment Fee No

What do you need to qualify for Figure Personal Loans?

Applicants with a credit score that ranges from 680 VantageScore may be eligible for Figure Personal Loans.

Figure Personal Loans does not have or does not disclose a minimum annual income eligibility requirement.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. APRs for the Figure Personal Loans product fall outside of the MLA limits, and as a result, the product cannot be issued to these applicants. Active duty service members and their covered dependents are considered “covered borrowers" under the Military Lending Act.

To qualify, applicants may need to provide the following documentation:

Figure personal loans Eligibility Criteria
Minimum Age N/A
Bank Account Required? No
Application Types Accepted
Credit Score Starting at 680 VantageScore

What is the estimated funding time for a personal loan via Figure personal loans?

Figure personal loans will typically approve (or deny) a loan application within 1 hour and fund loans within business day of approval.

Does Figure Personal Loans report your account activity to credit bureaus?

Yes, Figure Personal Loans reports your account activity to the following credit reporting agencies:

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

Is Figure personal loans a legit company?

Figure Personal Loans was founded in 2018. It is an established company that has been in business for 4 years.

Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From Figure Lending LLC

Access up to $50,000 from the comfort of home.
If you are looking for a fast and convenient way to access cash, look no further. Figure’s application is 100% online and can be completed in minutes!

Contact

Hours of Operation

  • Sunday Closed
  • Monday 6:00am - 6:00pm
  • Tuesday 6:00am - 6:00pm
  • Wednesday 6:00am - 6:00pm
  • Thursday 6:00am - 6:00pm
  • Friday 6:00am - 6:00pm
  • Saturday 6:00am - 6:00pm

Other Services by Figure Lending LLC

Icon for Mortgage

Home Equity Lines of Credit

Rating not yet determined

1 Reviews
Icon for Refinance

Mortgage Refinance

13
5

19 Reviews

Student Loan Refinancing

Be the first to rate

Availability

  Available in 49 states and Washington, D.C.
  • Alaska
  • Alabama
  • Arkansas
  • Arizona
  • California
  • Colorado
  • Connecticut
  • Washington, DC
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Iowa
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Massachusetts
  • Maryland
  • Maine
  • Michigan
  • Minnesota
  • Missouri
  • Montana
  • North Carolina
  • North Dakota
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • Nevada
  • New York
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Vermont
  • Washington
  • Wisconsin
  • West Virginia
  • Wyoming

Feature Breakdown

Origination Fee (%) Up to 3%
Employment Statuses Considered
  • Other
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
  • Retired
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Joint Loan Applications Accepted
  • Individual Applications
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Supported Income Types
  • Direct Deposit (W2, SSA, SSDI)
  • Cash
  • Payroll Check or Prepaid Card
  • 1099 Misc. Income
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of citizenship/residence (Green Card)
  • Proof of Identity
  • Government Issued Photo ID
  • Social Security Number
Credit Score Range 680 -
Approval Speed 1 hour
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Funding Time Range Starting at 2 days
Payment Options Automatic Payments
Pre-Approved Soft Credit Inquiry
Loan Amount $5,000 - $50,000
APR 5.75% - 22.94%
Loan Term 36 - 60 months

Figure Personal Loans Community Reviews

 

Would you recommend Figure Personal Loans to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

This product is mostly not recommended by SuperMoney users with a score of -50, equating to 2 on a 5 point rating scale.

-50

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

sorted by
Browse Personal Loan Lenders
SuperMoney
Goals
Partner with us
Go to homepage

Copyright 2022 SuperMoney, LLC. All rights reserved.

SuperMoney Advertiser Disclosure

*SuperMoney is not responsible for third party products, services, sites, recommendations, endorsements, reviews, etc. All products, logos, and company names are trademarks™ or registered® trademarks of their respective holders. Their use does not signify or suggest the endorsement, affiliation, or sponsorship, of or by SuperMoney or them of us.

Any opinions, analyses, reviews or recommendations expressed here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any financial institution. This editorial content is not provided by any financial institution.

SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). SuperMoney strives to provide a wide array of offers for our users, but our offers do not represent all financial services companies or products.

We endeavor to ensure that the information on this site is current and accurate but you should confirm any information with the product or service provider and read the information they can provide.

† To check the rates and terms you qualify for, one or more soft credit pulls will be done by SuperMoney, and/or SuperMoney's lending partners, that will not affect your credit score. However, if you choose a product and continue your application at a lending partners' website, they will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.