Please read these terms and conditions carefully. By accessing Fig Financial Inc.'s (“Fig”, “we”, “us” or “our”) website and applying and/or obtaining for any products offered by Fig, you agree to be bound by the terms and conditions below (the “Terms and Conditions”). If you do not agree, do not access, apply, sign up, obtain, as applicable, the Fig websites, any Fig Products (as defined hereunder) or any web, mobile or online services, portal or application related thereto. 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 Fig makes any changes to these Terms and Conditions, we will post its updated Terms and Conditions on our website and the changes will be effective immediately on posting, unless indicated otherwise. We urge you to review these Terms and Conditions frequently to obtain the current version. Your continued use of our websites and/or our products and services, as the case may be, following any changes to these Terms and Conditions, constitutes your acceptance of any such changes.
Eligibility
You must be the age of majority in your province or territory where you reside. You agree that Fig Products are used for personal use and represent this understanding for all loan products offered.
Description of the Products
Fig offers installment loans and services related thereto through merchants with term options and interest rates varying based on the purchase price and other criteria (“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.
Cost of Credit/Cost of Borrowing: The cost of credit/cost of borrowing amount means how much the loan will cost you, based on the applicable interest rate determined by an eligibility check. Fig will disclose this information prior to agreeing to any loan.
Collection of Personal Information
To offer you the Fig Products, we need to process your personal identifiable information. By using our website or 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 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.
Credit Reporting
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.
Collections Activities and Practices
Fig contacts customers who have fallen behind on payments as soon as possible through various communication channels such as email, SMS and telephone. Fig may work with third-parties to assist in our collection efforts.
Provide Accurate Information
You agree to provide only true, accurate and complete information and not misrepresent your identity or account information. It is your responsibility to keep account information up to date and accurate at all times with Fig.
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.
Make Payments in Accordance with the Options Provided by Fig
You agree to make all payments in accordance with any loan agreement entered into between Fig and you. Acceptable payment options are identified below.
Fees
If payments cannot be processed through your debit card, or electronic funds transfer is returned for insufficient funds, you will be responsible for any fees imposed by the financial institution. Fig may also charge fees on incomplete or failed automatic transactions as per your loan agreement.
Indemnification
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 & Conditions.
Trademarks, copyrights and other rights
You should assume everything on our websites 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 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 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 may be posted to newsgroups, electronic bulletin boards, mail lists or incorporated into any other site without our express written consent.
No endorsements
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 are meant for convenience only.
By clicking on a third-party link, you will leave the Fig website 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. Be aware that the security and privacy policies on the Third-Party Site may be different from Fairstone security and privacy policies, so please read Third-Party Site privacy and security policies closely.
No liability
We cannot protect information exchanged when our website 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.
Fig is not responsible for and will not be 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. Fig is not responsible or liable for any loss or damages that result from personal or confidential material sent to Fig, or if Fig sends such information at your request, or any action or decision made by you in reliance on this website, including, but not limited to, its contents, any unauthorized use or reproduction of this website, even if Fig has been advised of the possibility of these damages. Please be advised that linking to any other website is at your sole risk and Fig will not be responsible or liable for any damages in connection with linking.
Governing Law
The laws of the Province of Ontario and federal laws of Canada (as applicable) shall govern your access to, and use of, our website, application, and Fig Products and the terms of these Terms and Conditions.
