Your eligibility to reapply depends on whether or not you life in a state where we offer refinances.
If you are eligible for a refinance, you will be eligible to apply for a refinance once you have one payment remaining on your loan and all processing payments have fully cleared, which can take 2-5 business days depending on your financial institution and method of payment. Please be advised, however, that we strongly encourage you NOT to repay your loan early just to apply for a new loan, as we cannot guarantee approval of the new loan.
If you are NOT eligible for a refinance, you will be able to apply for a new loan once the payments on this current loan finish clearing completely, which can take 2-5 business days depending on your payment method and financial institution. Please be advised, however, that we strongly encourage you NOT to repay your loan early just to apply for a new loan, as we cannot guarantee approval of the new loan.
If, for whatever reason, you have a hard time reapplying after all your payments have finished clearing, please reach out to us at service@figloans.com so we may look into this further.