Fiona is a service that allows you to search for providers of personal loans, savings accounts, student loan refinance and more. New York-based Even Financial founded Fiona, which is not a direct lender. Instead, it uses relationships with lenders to connect consumers with financing options. Loan requirements vary by individual lender, but loans are available for almost any credit rating, according to Fiona. There is no cost to use the service and submitting an application will not affect your credit score.
Fiona can help consumers find loans for debt consolidation, credit card refinance, home improvement, weddings, relocation and more. You may find unsecured loans, lines of credit, or secured loans with Fiona’s partners. Lenders may apply other credit restrictions. Other services Fiona offers include connecting consumers with personalized credit card offers and high-yield savings accounts.
Fiona can match consumers with pre-approved and pre-qualified loan offers from its network of providers. Users can submit a single application to Fiona and view loan offers in less than a minute. Each lender has their own product offerings and credit requirements, but according to Fiona, almost any credit rating can be achieved.
Fiona considers several factors when selecting loan offers for you, including the APR, how quickly you need the funds and the loan terms. The entire process from applying to receiving funds is done electronically with no paperwork required. You can also use Plaid, a service that uses your bank account details to verify your personal information and to pre-populate most of Fiona’s personal information forms. Loans can be funded in just one business day.
Fiona is free to use. The application process at all of Fiona’s lenders is free, but you may have to pay a processing fee of between 1% and 6%. The processing fee is deducted from the loan proceeds you receive and is included in the APR you see. Lenders may also charge other fees, including late payment fees. You should contact the lender directly to confirm the terms, fees, and conditions.
To be matched with personal lenders on Fiona, you must complete an online application. The application process is free and will not affect your credit score. Once you’ve entered information, including why you need the loan and how much you need to borrow, Fiona will provide you with a curated list of loan offers from Fiona’s network of lenders. You can search for loans up to $250,000 through Fiona.
If you accept a loan offer, you will be redirected to the loan provider’s website to complete the loan. The rest of the application process is done directly with the lender, but Fiona will help pre-populate the application with the information you provided in your original application when possible.
The minimum credit rating to qualify for a loan depends on the lender, but Fiona says its network of more than 30 lenders includes loans that are suitable for almost any credit rating.
Fiona is an all digital service operating in all 50 states.
Fiona Customer Service can be reached by phone at 800-614-7505, email 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 acknowledge receipt of your request. They try to resolve all queries as quickly as possible but may need to contact you for more information.
Fiona offers a range of online services. You can complete the personal loan process online, from the application to the receipt of the money. You can also find lenders to refinance existing loans or search for high-yield savings accounts.
Fiona also has a number of educational articles on the financial services that it offers. Topics discussed include loans, insurance, savings accounts, mortgages, credit cards, and credit scores.
- Individuals who want to experience an online loan.
- Individuals who need a quick loan process.
- People who want to quickly compare different loan offers.