How can I pay off my loan in full?

Unlike many other lenders, Fig does not charge a penalty for repaying your loan early. In fact, sometimes you may even qualify for a discount on your loan depending on how early you repay your loan.

Please be advised, a scheduled payment is locked in for processing by 3pm CT the business day before if you have autopay turned on. Processing payments will not show in the full payoff amount.

We have outlined the steps to pay off your loan: 

1. Click on “FULL PAYOFF” to pay off your current balance. The ‘i’ icon next to ‘Current Balance’ explains what the amount means.

2. You will be able to choose to pay off your loan today or a later date. Selecting 'TODAY' will take you to another page to complete your payment submission. NOTE: Payments submitted today with a bank account will be applied to your loan on the next business day while payments submitted today with a debit card will be applied immediately.

• Select ‘TODAY’:
  • You will be able to select your payment method and the loan balance will already be selected. Important: Choosing another payment amount will not be the same as paying off your loan in full.
    Click ‘Submit’ to initiate that full payoff into processing 

• Select ‘LATE DATE’ 
  • Choosing this option will schedule a full payoff in our system for another date to be automatically withdrawn from your bank account on file. Click on ‘CONFIRM’ to take you to a screen to confirm your payment details.  
    
     
  • Click on ‘Submit’ to schedule your full payoff. A screen will pop up that says 'Success’. Your account homepage will show the full payoff date and amount shown under ‘Next Payment’.
    
    Important note: The full payoff will be automatically withdrawn from your bank account on file. We will NOT be pulling that full payoff if you have autopay turned off.