Although our loans are designed to improve credit score, we cannot guarantee your score will increase in advance. Your credit score depends on multiple factors such as other open debts, resolved debts, length of loan and payments made on time.
Payment history is one of the most important factors to determine your FICO credit score. Fig reports all payments to the three major credit bureaus to help build positive repayment history. Unfortunately, we cannot predict exactly how Fig will affect your credit score, because credit scores vary by reporting agency, various factors, and scoring methods are undisclosed.