{"id":6511,"date":"2026-09-09T06:48:13","date_gmt":"2026-09-09T06:48:13","guid":{"rendered":"https:\/\/www.fatcatloans.ca\/blog\/?p=6511"},"modified":"2026-09-09T06:48:13","modified_gmt":"2026-09-09T06:48:13","slug":"fig-financial-review-canada","status":"publish","type":"post","link":"https:\/\/www.fatcatloans.ca\/blog\/fig-financial-review-canada\/","title":{"rendered":"Fig Financial Review Canada 2026: Rates, Fees & Eligibility"},"content":{"rendered":"

Our Review of Fig Financial Canada<\/h2>\n

Last Updated: <\/strong>September 2026<\/em><\/p>\n

If you’re considering an online personal loan, this Fig Financial review Canada<\/strong> explains what you should know before applying.<\/p>\n

Fig is a Canadian digital lending platform offering unsecured personal loans from $2,000 to $35,000<\/strong>. Current advertised APRs range from 8.99% to 29.49%<\/strong>, with repayment terms from 24 to 84 months<\/strong>.<\/p>\n

You can check whether you pre-qualify without affecting your credit score. A hard credit check comes later if your application is approved and you consent to it.<\/p>\n

That makes Fig relatively easy to investigate before committing to a full loan application.<\/p>\n

However, the lowest advertised rate won’t be available to everyone. Your actual offer depends on Fig’s assessment of your financial and credit profile.<\/p>\n

Our view:<\/strong> Fig stands out for its wide loan range, fixed repayment structure, transparent published APR range and soft-check pre-qualification. However, borrowers should compare their personalized offer with other lenders before accepting it. A loan at the upper end of Fig’s APR range can still be expensive.<\/p><\/blockquote>\n

Fig Financial at a Glance<\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Feature<\/th>\nFig Financial<\/th>\n<\/tr>\n<\/thead>\n
Loan type<\/td>\nUnsecured personal loan<\/td>\n<\/tr>\n
Loan amount<\/td>\n$2,000\u2013$35,000<\/td>\n<\/tr>\n
Advertised APR<\/td>\n8.99%\u201329.49%<\/td>\n<\/tr>\n
Term<\/td>\n24\u201384 months<\/td>\n<\/tr>\n
Collateral<\/td>\nNot required<\/td>\n<\/tr>\n
Pre-qualification<\/td>\nSoft credit check<\/td>\n<\/tr>\n
Full approved application<\/td>\nHard credit check with consent<\/td>\n<\/tr>\n
Early repayment penalty<\/td>\nNone<\/td>\n<\/tr>\n
Application<\/td>\nOnline<\/td>\n<\/tr>\n
Funding<\/td>\nAdvertised as early as 1 business day<\/td>\n<\/tr>\n
Availability<\/td>\nCanadian provinces; territories excluded<\/td>\n<\/tr>\n
Provider<\/td>\nFig Financial<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Fig’s published terms make it easier to understand the basic product before applying. Your actual amount, APR and approval will depend on your individual application.<\/p>\n

\"Fig<\/p>\n

What Is Fig Financial?<\/h2>\n

Fig is an online Canadian lending platform focused on personal instalment loans.<\/p>\n

Unlike a loan comparison service that sends your application to different lenders, Fig provides its own Fig personal loan product.<\/p>\n

According to Fig Financial<\/strong><\/a>, its platform is backed by Fairstone Bank<\/strong>, a Schedule 1 Canadian bank, and the Ontario Teachers’ Pension Plan<\/strong>.<\/p>\n

The process is digital. You can check for an offer, choose your loan amount and repayment term and complete the application online.<\/p>\n

Fig personal loans are unsecured<\/strong>, which means you don’t need to use your house, car or another asset as collateral.<\/p>\n

Common reasons someone might consider an unsecured personal loan include:<\/p>\n