Figure used to be a viable option for consumers with good credit looking to access a personal loan. You could borrow between $5,000 and $50,000 and choose a payment period between 36 and 60 months. Plus, funding times were fast – just one to two business days for most borrowers – and the rates were some of the most competitive in the industry.

Alternatives to Figure personal loans

While Figure loans are no longer an option in the personal loan space, there are other lenders to consider to finance your purchase.


Personal loans from Upgrade are designed to make debt consolidation, home improvements and big-ticket purchases easier for consumers with varying financial backgrounds. You can borrow between $1,000 and $50,000 with interest rates from 8.49 percent to 35.99 percent, and if approved, receive the loan proceeds as soon as the next day. Its eligibility criteria are also flexible as Upgrade knows you’re more than your credit rating – you’ll need a credit score of 600 to qualify. Keep in mind that you’ll pay an origination fee between 1.85 percent and 9.99 percent. Furthermore, these personal loans cannot be used to cover higher education expenses, gambling or purchase investments.

TD Bank

TD Bank is also worth considering if you have a credit score of at least 700 and are seeking a personal loan with minimal fees. Its Fit Loan solution lets you borrow between $2,000 and $50,000 for 36 to 60 months. You’ll pay between 8.99 percent and 23.99 in interest, which is relatively low compared to what many other banks, credit unions and online lenders in the industry offer. Plus, there are no loan application or origination fees, and you won’t be assessed a penalty if you decide to pay the loan off early. Regarding funding times, you could receive the loan proceeds in just one business day, making the TD Bank Fit Loan worth considering to get fast cash.


Achieve offers a holistic approach to make lending decisions, considering your whole financial picture instead of just your credit. It offers personal loans to individuals with a credit score of at least 620 that meet the income and debt criteria. APRs start at just 7.99 percent and cap at 35.99 percent. The minimum loan amount is slightly different from what was offered with Figure – $5,000-$50,000, and repayment periods from two to five years are available. There are no hidden fees or early repayment penalties, but you’ll pay an origination fee between 1.99 percent and 6.99 percent. The upside is you can qualify for an interest rate discount if you add a qualified co-borrower to your application, provide proof of sufficient retirement assets or sign up for Direct Pay when applying for a debt consolidation loan. Most applicants receive a funding decision the same day, and loan proceeds are generally deposited in just 24 to 72 hours following final approval of the loan application.

Why doesn’t Figure offer personal loans anymore?

Figure has shifted its focus from personal loans to helping homeowners leverage their home equity to meet financial goals. It currently offers cash-out refinance loans and home equity lines of credit (HELOCs) in its suite of lending solutions.