Please read these terms and conditions carefully. By applying for and/or obtaining Fig Financial Inc.'s (“Fig”, “we”, “us” or “our”) products, you agree to be bound by the terms and conditions below (the “Terms and Conditions”). If you do not agree, do not apply for, sign up to, obtain, or continue to use, as applicable, any Fig Products (as defined hereunder). You should print a copy of this document for your records.
Fig may unilaterally decide to change these Terms and Conditions from time to time. However, none of the changes will impose additional obligations on you with respect to actions taken before the change took effect, unless you had already agreed to such changes. If we make any changes to these Terms and Conditions, we will notify you. Your continued use of Fig Products following any changes to these Terms and Conditions, constitutes your acceptance of any such changes.
You must be a resident of a Canadian province (other than Quebec) or territory and of the age of majority in the province or territory where you reside. You agree that Fig Products are used for personal use only and represent this understanding for all loan products offered.
Description of the Products
Fig offers personal installment loans with term options and interest rates varying based on the offer that was presented to you (“Fig Products”). Fig Products accrue daily interest on the unpaid principal balance, up to the amount of the cost of credit/cost of borrowing, until you pay the loan in full. Please note that additional terms and conditions may apply to a specific product. Further, these products and related services are only available in those provinces and territories in Canada where they may be legally offered.
Use of Fig Products
To benefit from Fig Products, you will need to establish an account with us and create a username and password. You agree to keep them strictly confidential and not to share them with others. You may only have one outstanding Fig Product at any given point in time.
Collection of Personal Information
To offer you the Fig Products, we need to process your personal information. By applying for Fig Products, you acknowledge and are providing express consent for Fig to collect, use, process and disclose your personal information and have received and agreed to our Privacy Statement which describes in more detail and information on how we use and protect your data. Our Privacy Statement is incorporated by reference to these Terms and Conditions.
Provide Accurate Information
You agree to provide only true, accurate and complete information and not misrepresent your identity or account information. Fig may, from time to time, request documentation to support the information that you have provided or request additional information and may suspend and/or cancel any Product until you have provided such documentation to the reasonable satisfaction of Fig. It is your responsibility to keep account information up to date and accurate at all times with Fig.
You expressly authorize Fig to obtain consumer credit reports when you apply for a Fig Product and for other servicing purposes periodically throughout the term of your Fig loan. You expressly authorize us to use the information that we obtain from such reports to make decisions related to providing you with credit and the servicing and collection of your account, statistical analysis, and share information with you about your credit profile. Your authorization is dated as of the date you accept these Terms of Service and continues throughout the use of Fig Products. You agree that Fig may report information to consumer reporting agencies in accordance with applicable law.
You agree to indemnify, defend and hold Fig, its affiliates, directors, officers, employees, agents and representatives harmless from any liability, including reasonable legal fees, related to your use of the Fig Products or any violation of these Terms and Conditions.
Trademarks, copyrights and other rights
You should assume everything on our websites, mobile or online services, portal or application is protected by and subject to applicable copyright, trademark and patent or other intellectual property rights unless otherwise noted and may not be used except with the express written consent of Fig. Certain names, products, technology, service, logos, graphics, designs, words, phrases or the like may constitute trade names, trademarks or service marks (collectively “Trademarks”) owned by Fig. Any such right that is not expressly licensed herein is reserved by us. Images of people or places displayed on our websites, mobile or online services, portal or application or our material are either our property or used with permission by us. Use of these images by you or other third parties is prohibited unless expressly permitted by us or such third party that may own the image.
Nothing contained on our websites, mobile or online services, portal or application or materials should be construed as granting by implication, estoppel or otherwise, any license or right to use any Trademarks displayed on this site without the written permission of us or such third party that may own the Trademarks. No content from our web pages, mobile or online services, portal or application may be posted to newsgroups, electronic bulletin boards, mail lists or incorporated into any other site without our express written consent.
References to third parties’ goods, services, information or opinions on our web pages are not specifically endorsements or approvals by us. Links from or to sites outside our web pages, mobile or online services, portals or applications are meant for convenience only.
By clicking on a third-party link, you will leave the Fig website or platform and will be redirected to a website that is not operated by Fig (the “Third-Party Site”). Fig is not responsible for the content or availability of the Third-Party Site nor will it be responsible for any damages that you may incur when you are redirected to that said site . Be aware that the security and privacy policies on the Third-Party Site may be different from Fig security and privacy policies, so please read Third-Party Site privacy and security policies closely.
Limitation of liability
We cannot protect information exchanged when our website, mobile or online services, portal or application is accessed through a non-secure platform or in a public location, which could endanger the confidentiality of your personal information. We shall not be held responsible for any damages that you may incur under such circumstances.
Without limiting the generality of the foregoing and in no event, including but not limited to the specific cases of limitation of liability mentioned above, shall Fig be responsible for and liable to you or anyone else for any damages whatsoever (including direct, indirect, incidental, special, consequential, exemplary or punitive damages) arising out of or in connection with the use of or inability to use our web pages, mobile or online services, portals or applications. This applies regardless of whether or not Fig has been informed of the possibility of such issues.
These Terms and Conditions are governed by the laws of the province or territory in which you reside at the time you agree to these Terms and Conditions and the federal laws of Canada applicable therein.