{"id":8128,"date":"2019-11-28T06:00:06","date_gmt":"2019-11-28T14:00:06","guid":{"rendered":"https:\/\/financer.com\/?post_type=company_single&p=8128"},"modified":"2024-05-29T17:07:18","modified_gmt":"2024-05-30T00:07:18","slug":"figure","status":"publish","type":"company_single","link":"https:\/\/financer.com\/company\/figure\/","title":{"rendered":"Figure"},"content":{"rendered":"\n

Figure is a fintech company co-founded in 2018 by Alana Ackerson, Cynthia Chen, June Ou, Michael Cagney, and Sara Priola. <\/p>\n\n\n\n

With over $2 billion funded <\/strong>for their members, Figure leverages blockchain<\/strong>, AI, and advanced analytics to unlock new access points for consumer credit products that can transform their customers’ financial lives. <\/p>\n\n\n\n

Figure offers HELOCs with repayments of up to 30 years<\/strong>, with funds available in five minutes<\/strong>. They also have a very easy online application process.<\/p>\n\n\n

Apply for a Figure loan now<\/a><\/div>\n\n\n

How We Rate Figure<\/h2>\n\n\n\n

At Financer.com, all lenders go through a thorough research and review process. Here’s how we rate Figure:<\/p>\n\n\n\n

Category<\/th>Rating<\/th><\/tr><\/thead>
Affordability<\/td>\u2b50\u2b50\u2b50\u2b50<\/td><\/tr>
Application process<\/td>\u2b50\u2b50\u2b50\u2b50<\/td><\/tr>
Loan terms<\/td>\u2b50\u2b50\u2b50\u2b50\u2b50<\/td><\/tr>
Transparency<\/td>\u2b50\u2b50\u2b50\u2b50<\/td><\/tr>
Customer support<\/td>\u2b50\u2b50\u2b50\u2b50<\/td><\/tr>
Overall<\/td>\u2b50\u2b50\u2b50\u2b50\u2b50<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n
<\/div>

Do We Recommend Figure?<\/h3>Yes, we recommend Figure as a trustworthy online lender. Skip to our full review below and see how we rate Figure<\/a>.<\/div>\n\n\n

Here’s what we’ll cover in this review:<\/h3>\n\n\n\n\n\n

Want to skip the details? Jump to our final verdict here<\/a>.<\/p>\n\n\n\n

What Is Figure?<\/h2>\n\n\n\n

Figure specializes in providing home equity release solutions, including home equity lines of credit (HELOCs<\/a>), home improvement loans, and home buy-lease-back offerings for retirement and personal loans<\/a>.<\/p>\n\n\n\n

They offer innovative financial solutions to homeowners, giving their members a more straightforward way to optimize their lending opportunities.<\/p>\n\n\n\n

Here’s a quick summary of Fortuna Credit:<\/strong><\/p>\n\n\n\n

Overview<\/th>Features<\/th><\/tr><\/thead>
Loan type:<\/strong><\/td>Lines of credit (HELOCs)<\/td><\/tr>
Loan amount:<\/strong><\/td>$15,000 – $400,000<\/td><\/tr>
Loan term:<\/strong><\/td>3 to 30 months<\/td><\/tr>
Fees<\/strong>:<\/td>From 3.99%<\/td><\/tr>
Min. credit score:<\/strong><\/td>640<\/td><\/tr>
Monthly fees:<\/strong><\/td>None<\/td><\/tr>
Payout time:<\/strong><\/td>5 minutes<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n