- Cost per $100
- $14.00
- Borrow up to
- $1,500
- Funding
- Next business day
- Apply
- Online and in-store
Licence verified AB, BC, MB, NB, NL, NS, ON, SK
Fig personal loans: rates, eligibility and review
Last reviewed November 12, 2026 by the Koke editorial team.
Fig is an online personal-loan lender owned by Fairstone Bank, offering $2,000 to $35,000 at 8.99% to 29.49% APR over two to seven years. Checking your offer uses a soft credit check, and there are no prepayment penalties. It is built for good credit, with reviews citing a minimum score around 680 to 700.
Last reviewed November 12, 2026
Fig at a glance
- Provinces served
- Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island, Quebec, Saskatchewan
- Apply
- Online
- Borrow
- $2,000 to $35,000
- Repay within
- —
- Loan type
- Instalment loan
- Interest rate
- 8.99% to 29.49% APR
- Money arrives
- 2 to 3 business days (Deposit to your own bank account, up to two business days after you confirm the loan)
- Credit check
- Soft credit check: “Soft check to see your offer; a hard check only if you accept and complete the application”
- If a payment bounces
- —
- If you pay late
- —
- Support hours
- —
Is Fig licensed where I live?
Fig is not a payday lender, so it doesn’t hold payday-loan licences. The rows below are the provinces it says it serves. Lenders charging over 32% are licensed separately as high-cost credit lenders in some provinces, including Alberta and British Columbia; the Verify link goes to the same regulator, where you can search that register too.
| Province | Licence number | Status | Regulator | Checked on |
|---|---|---|---|---|
| Alberta | Not published | Verified | Service Alberta and Red Tape Reduction · Verify | November 12, 2026 |
| British Columbia | Not published | Verified | Consumer Protection BC · Verify | November 12, 2026 |
| Manitoba | Not published | Verified | Manitoba Consumer Protection Office · Verify | November 12, 2026 |
| New Brunswick | Not published | Verified | Financial and Consumer Services Commission (FCNB) · Verify | November 12, 2026 |
| Newfoundland and Labrador | Not published | Verified | Digital Government and Service NL · Verify | November 12, 2026 |
| Nova Scotia | Not published | Verified | Service Nova Scotia (Consumer Affairs) · Verify | November 12, 2026 |
| Ontario | Not published | Verified | Ministry of Public and Business Service Delivery and Procurement (Consumer Protection Ontario) · Verify | November 12, 2026 |
| Prince Edward Island | Not published | Verified | Island Regulatory and Appeals Commission / Consumer Services · Verify | November 12, 2026 |
| Quebec | Not published | Verified | November 12, 2026 | |
| Saskatchewan | Not published | Verified | Financial and Consumer Affairs Authority (FCAA) · Verify | November 12, 2026 |
Apply now opens Koke’s application page, which sends your answers to our matching partner LeadScout. It may match you with Fig or with other lenders. Koke may be paid for referrals and for clicks to lender websites; that never changes our rating. Disclosure
This is not a payday loan: Fig charges interest over time (8.99% to 29.49% APR) instead of a fee per $100, and your exact rate is set when you apply. Read the total cost of borrowing on the lender’s quote before you sign.
How Fig works
Fig is a fully online lender backed by Fairstone Bank. You enter your details, a soft credit check produces a pre-qualified offer, and only if you accept does Fig run a hard check. You then pick the amount, term and payment frequency, and the money is deposited into the personal bank account your income goes to, usually within two business days.
What to watch
Fig’s approval bar is high: reviews put the minimum score around 680 to 700, with no recent collections, delinquencies or insolvency. If you’re turned down, Fig asks you to wait 30 days before reapplying. Fig also warns that fraudsters impersonate it; a genuine lender never asks for a payment before your loan is booked.
What we like
- Top rate is under 30%, well below the 35% cap
- See your rate with a soft check that doesn't touch your score
- No monthly fees or early repayment penalties
What to watch
- Fair or poor credit is unlikely to qualify
- Minimum loan of $2,000, too large for a small emergency
- Up to two business days to fund, so not for same-day needs
Where Fig lends
Other licensed lenders in Alberta
Applications go through our partner Loans Canada, which may match you with this or other lenders. Koke may be paid for referrals. Lenders decide approval, cost and terms.
- Cost per $100
- $14.00
- Borrow up to
- $1,500
- Funding
- Same day
- Apply
- Online and in-store
Licence verified AB, BC, SK
- Cost per $100
- $14.00
- Borrow up to
- $25,000
- Funding
- Next business day
- Apply
- Online and in-store
Licence verified AB, BC, MB, NB, NL, NS, ON, PE, SK
A payday loan isn’t your only option. See lower-cost alternatives
Reviewed by Trust Pilot, Accredited Financial Counsellor Canada® on November 12, 2026. Our editorial standards
Sources
- Finder Canada: Fig review (accessed November 7, 2026)
- moneyGenius: Fig Financial review (accessed November 7, 2026)
- Fig: how to apply (accessed November 7, 2026)
Update log
- — Licences verified on provincial registers (AB, BC, MB, NB, NL, NS, ON, PE, QC, SK) by admin.
- — Profile published from public sources. Licences listed as stated by the lender; register check by Koke pending.