Fig Loans
Curated by SignalCash advance lending platform offering credit-building alternatives to payday loans.
Overview
Fig Loans operates in the cash advance lending sector, offering short-term financial solutions for individuals in need of immediate funds. The company employs artificial intelligence and machine learning to conduct rapid credit assessments, which allows for quick loan approval and disbursement, often on the same day. Fig Loans provides credit-building alternatives to traditional payday loans, specifically offering $300 loans over a four-month period. This model aims to meet urgent financial needs while encouraging responsible borrowing practices. Additionally, Fig Loans emphasizes user privacy and consent preferences, which may appeal to consumers concerned about the handling of their personal data.
Key facts
- Founded
- 2014
- Headquarters
- Houston, United States
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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- 2 products and services
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- Commercial model
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Contact
- Primary office
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- Phone
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