Fig Loans Personal Loan Review 2022 – Forbes Advisor
Fig loans are an expensive option. The best personal loans offer competitive rates, flexible loan amounts, and a wide range of terms. Here is how Fig Loans compare to other lenders.
Loans Fig vs. Personify Financial
Personify Financial is more widely available, with lending options in 26 states versus eight states with loans Fig. It also offers a wider range of products. Details vary by state, but you can expect to borrow between $ 500 and $ 15,000 in most states, with terms of one to four years. While rates start at a much more affordable location (around 19% for most states), the high end of its rates are just as unaffordable as Fig loans.
Fig Loans vs Opp Loans
You can potentially borrow more with OppLoans, with borrowing limits ranging from $ 500 to $ 4,000, depending on your state. These are also longer term loans, with terms of nine to 18 months. Interest rates are always considered high, with rates ranging from 59% to 199%, depending on your state.
Related: OppLoans Personal Loan Review
Loans Fig vs. Upgrade
The upgrade is much more affordable than Fig loans, with rates ranging from around 6% to 36%, almost five times less than Fig loans, even on the high end. However, unlike Fig Loans, which focuses on loans similar to payday loans, Upgrade is designed for people who need to borrow larger sums of money, from $ 1,000 to $ 50,000.
Related: Personal Loan Review Upgrade