What are the regulatory databases used in Florida, Illinois and Ohio? Why are they the reason my application was denied?

If your application denial was due to rules imposed by your state, we do apologize. We always try to clearly state the reason for your denial in this case, but here are some quick facts:

  • Florida and Illinois have state-specific databases controlled by Veritec. They will not allow you to have more than a certain number of Fig-type loans.
  • Ohio requires a check of outstanding loan balance. If you are over a certain outstanding balance with your existing loans, you may be denied by Fig.

If you were Veritec-denied, we'll send you an email to let you know when you are Veritec-eligible.

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