Fiona Personal Loans Review | Find the best loan for you
Fiona is a service you can use to find personal loan providers as well as savings accounts, student loan refinancing, and more. New York-based Even Financial has created Fiona, which is not a direct lender. Instead, it uses lender relationships to connect consumers with financing options. The loan requirements depend on the individual lender, but according to Fiona, loans are available for almost any credit rating. Using the service is free and submitting the application will not affect your credit score.
Loans are available for a wide variety of credit ratings.
The credit process is digital, with no paperwork or face-to-face required.
Financing can be available in as little as one business day.
You may have to pay an initiation fee of 1% to 6%, which will be taken from the loan proceeds received.
The loan process ends directly with the lender of your choice and not through Fiona, so you need to use the lender’s customer service.
Fiona can help consumers find loans for debt consolidation, credit card refinancing, home renovations, weddings, moving house and much more. You can find unsecured loans, lines of credit or secured loans from Fiona partners. Lenders may apply other credit restrictions. Fiona’s other services include matching customers with personalized credit card deals and high-yield savings accounts.
Fiona can match customers with pre-approved and pre-qualified loan offers from its network of suppliers. Users can submit one application to Fiona and view loan offers in less than a minute. Each lender has their own product offering and credit requirements, but according to Fiona, almost any credit score can be matched.
When matching loan quotes, Fiona takes several factors into account, including the annual interest rate, the speed with which you need funds, and the terms of the loan. The entire process from submitting the application to receiving the funds is carried out electronically, without the need to complete any formalities. You can also use Plaid, a service that uses your bank account credentials to validate your personal details and pre-fill most of Fiona’s personal information forms. Loans can be financed in just one business day.
Using Fiona is free. The application process with all Fiona lenders is free, but you may need to pay an initial fee of between 1% and 6%. The initiation fee will be deducted from the loan proceeds you receive and is included in the APR you see. Lenders may also charge you other fees, including late payment fees. You should contact the lender directly to confirm the terms, fees and conditions.
To be matched with Fiona Personal Lenders, you need to complete an online application. The application process is free and will not affect your credit score. Once you enter your information, including the reason you need a loan and how much you need to borrow, Fiona will present you with a list of loan offers from the Fiona lender network. You can search for loans up to $ 250,000 through Fiona.
After accepting the loan offer, you will be redirected to the lender’s website to finalize the loan. The remainder of the application process is done directly with the lender, but Fiona will help you pre-fill your application with the information provided in your initial application when possible.
The minimum credit score for a loan depends on the lender, but Fiona says its network of over 30 lenders has loans suitable for almost any credit score.
Fiona is a fully digital service that works in all 50 states.
Fiona’s parent company, Even Financial, received an A + rating from the Better Business Bureau. Trustpilot gives the Fiona a 4.4 out of 5 stars based on more than 200 reviews and is rated “excellent”.
Fiona’s customer service is available by calling 800-614-7505, by e-mail at [email protected] or by filling out the contact form on the company’s website. Fiona promises to respond within 24 to 48 hours to confirm receipt of your inquiry. They try to resolve all inquiries as quickly as possible, but we may need to contact you for more information.
Fiona offers a variety of internet services. You can complete the personal loan process from applying to receiving your funds online. You can also find lenders to refinance your existing loans or search for high yield savings accounts.
Fiona also has a set of educational items related to the financial services she offers. Topics covered include loans, insurance, savings accounts, mortgages, credit cards, and credit scores.