Can I Increase my Loan Amount?

Modified on Tue, 26 Aug at 11:46 AM

Once your Fig loan has been booked, you cannot increase the approved loan amount or borrow additional funds under the same loan agreement. Additionally, Fig also does not allow multiple active loans at the same time, and you would not be able to apply for another loan if you already have an active Fig loan. 


If you require access to more funds, you'll need to wait until your current loan is fully repaid. After that, you can submit a new loan application 32 days after your previous loan has been paid off to be reassessed based on your most up-to-date financial situation and credit profile.


If you require support with your current loan or have questions about your account, please contact our team at support@fig.ca.




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