Fig Loans is an expensive option. The best personal loans offer competitive rates, flexible loan amounts and a wide range of terms. Here’s how Fig Loans stack up against other lenders.
Fig Loans vs. Personify Financial
Personify Financial is more widely available, with loan options in 26 states versus eight states with Fig Loans. It also offers a wider range of products. The specifics vary by state, but you can expect to borrow anywhere from $500 up to $15,000 in most states, with one- to four-year term lengths. While the rates start from a much more affordable place (around 19% for most states), the high end of its rates are just as unaffordable as Fig Loans.
Related: Personify Financial Personal Loans Review
Fig Loans vs. Opp Loans
You can potentially borrow more with OppLoans, with borrowing limits ranging from $500 up to $4,000, depending on your state. These are also longer-term loans, with terms from nine to 18 months. Interest rates are still considered expensive though, with rates ranging from 59% to 199%, depending on your state.
Related: OppLoans Personal Loans Review
Fig Loans vs. Upgrade
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 amounts of money—from $1,000 to $50,000.
Related: Upgrade Personal Loans Review