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Figure Lending Reporting...

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Andy77
Valued Contributor

Figure Lending Reporting...

 

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

Message 1 of 4
3 REPLIES 3
jaylynn30
Member

Re: Figure Lending Reporting...

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. 

Message 2 of 4
cambia46
Contributor

Re: Figure Lending Reporting...

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! 

Message 3 of 4
Andy77
Valued Contributor

Re: Figure Lending Reporting...

 

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)

Message 4 of 4
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