topic Figure Lending Reporting... in General Credit Topics

Figure Lending Reporting...

Andy77 — Tue, 29 Jun 2021 15:03:16 GMT

I just got a personal loan with a company called Figure. They are based in San Franciso. I asked before I finalized my loan if they report to the CR as CFA and I was told no. Does anyone has a personal loan with them and if so, how does it report ?

Thank you

Re: Figure Lending Reporting...

jaylynn30 — Wed, 30 Jun 2021 21:24:38 GMT

I just got a personal loan from them as well. I think since you have to open the credit union account they will report as a loan from a CU. That's what I'm hoping anyways. It seems like their personal loan is fairly new as well so not much info I could find.

Re: Figure Lending Reporting...

cambia46 — Thu, 26 Aug 2021 14:06:53 GMT

Hello, I am considering a figure personal loan and am wondering if you wouldn't mind providing some data points. I've been pre-approved, but you know how that goes. With them being so new, there still isn't much info out to reference. Thanks!

Re: Figure Lending Reporting...

Andy77 — Wed, 13 Oct 2021 14:48:15 GMT

My Figure personal loan showed up today, 4 months after opening the account,

DP:

Account Name Figure Lending LLC

Loan Type: Other

Scheduled Payment: (what my payment is per month)

High Balance: the balance my loan started at

(I assume this is not reporting as a CFA since there are no odications as such)