Founded in 2015, Fiona is an online marketplace based in New York. It offers various financial services, ranging from loans to saving accounts and credit cards. Not only is it free to use, but it’s also transparent about its requirements and network providers.
Fiona also has a dedicated “Learn” section that’s designed to teach people about different financial services and what they mean. This is especially useful for people who are new to personal finance or who need help making smart decisions about their money.
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Since 2015, Fiona has been a leading marketplace that lets individuals search for and compare personalized personal loan offers across lenders. The marketplace has originated more than $1.7 billion in personal loans since its launch.
LOAN AMOUNT
$10,000 - $250,000
LOAN REPAYMENT TERM
2-7 years
MIN CREDIT SCORE
550
APR FIXED RATE
5.99% - 35.99%
FUNDING TIME
1 days
ORIGINATION FEE
1%-6%
PREPAYMENT FEE
None
OTHER FEES
N/a
SOFT CREDIT PULL
Yes
LENDER TYPE
Marketplace
Pros & Cons
Personal Loans Types
Loan Purpose
The terms and requirements depend on the lender, but most lenders require the same basic information at least. This includes things like:
The terms are generally no longer than 7 years, which is shorter than is standard in the industry. However, some lenders may offer more flexible or custom repayment terms.
Fiona’s application only takes about 5 minutes to complete. Head over to the “Personal Loans” section and provide the following information:
Type of loan
The platform will then show you the best options from its network. Once you’ve chosen one, continue to that lender’s application and complete their process. Remember to read through their offer before agreeing to anything.
Pre-approval with Fiona is easy, but it does require you to verify your contact information, identity, bank account, credit score, income and employment, credit card debt, and education level. If applying with a co-applicant, be prepared to include their information as well.
Available in all states
Fiona does not offer direct debt relief, but it does offer personal loans for debt consolidation, as well as refinancing options. These loans can be used to combine high-interest unsecured debts and credit cards.
LOAN AMOUNT
$1,000 - $250,000
LOAN REPAYMENT TERM
2-7 years
MIN CREDIT SCORE
640
ORIGINATION FEE
None
PREPAYMENT FEE
None
OTHER FEES
N/a
SOFT CREDIT PULL
Yes
LENDER TYPE
Marketplace
Pros & Cons
Debt Consolidation Types
The terms and requirements depend on the lender and the applicant’s credit and financial profile. Most lenders require the applicant to be a US citizen, have verifiable income, and a bank account. Other information may include date of birth, gender, marital status, and education level.
The pre-approval process can be done entirely online and generally requires your contact, personal, employment, and bank account information. It also requires a Social Security number. Most lenders will also ask for debt documents to verify your debt.
Available in all states
Fiona is a standout marketplace when it comes to financing student loans from major service providers. It partners with several dozen institutions and lenders to create personalized recommendations – at competitive rates. These loan offers come in real-time and are pre-approved upon completing a quick online application.
APR FIXED RATE
2.83% - 8.77%
MIN CREDIT SCORE
620
LOAN REPAYMENT TERM
24-84 months
ORIGINATION FEE
None
PREPAYMENT FEE
None
OTHER FEES
Yes
SOFT CREDIT PULL
Yes
LENDER TYPE
Marketplace
Student Loans Type
REFINANCE AMOUNT
$1,000 - $500,000
REFINANCE FIXED APR
1.97% - 8.94%
Pros & Cons
Fiona’s overall student loan refinancing terms are good for the industry. The application process can be more intense than what you’d find on other marketplaces. However, this also allows Fiona to offer the best, most competitive offers.
As a marketplace, the specific terms and requirements vary depending on the lender. Some lenders offer more flexible options, such as those with longer repayment periods or different amounts. Rates and eligibility are mainly based on the individual’s creditworthiness, income, and degree status. Some lenders accept co-signers to help improve the approval odds.
Fiona is built on simplicity, in a good way. Its online application process takes just a few minutes to complete and requires standard information, such as:
Refinance amount
There’s no hard credit inquiry at this stage, meaning there’s no impact to the applicant’s credit score. The time to funding depends on the lender, but some people receive funds within 1 business day after applying.
Fiona’s prequalification process requires standard information about the applicant, including their personal and contact details, income and assets, and education level. To get started, simply go to Fiona’s website and apply under “Student Loan Refinance.” Keep in mind that individual lenders may require additional documentation or information.
Available in all states
Fiona has standard privacy and security policies. These policies indicate what types of information Fiona collects and how the platform uses that information. Information primarily comes from filling out an online application and may include demographic data, account registration, personal records, feedback, and so forth. Fiona mainly uses personal data to help make the lending experience more personalized, as well as to connect you to the right service provider and loan.
The website and online application are also secured to protect consumer data. Most lenders in the network have similar privacy protections in place, though it’s wise to check their policies before sharing information.
On Trustpilot, Fiona is ranked 4.4 out of 5 stars with 255 total reviews.
Fiona has a dedicated “Contact Us” page where you can fill out an online form about an issue or inquiry. It typically takes 24-48 hours to get a response.
For a faster response, contact them via email or phone. Or check their FAQ section, which answers many questions related to Fiona’s services.
If you choose a lender through the platform, you’ll need to contact them instead of Fiona for any further questions.
Fiona is a reputable marketplace that can help make the process of finding a lender for your financing needs easier. It has over 100 partners and a convenient application process. Plus, it offers a lot of free financial resources online and a comprehensive FAQ page.
Although most of the loan service providers are carefully vetted, it’s still a good idea to verify the information with the one you’re interested in before sharing information. After all, each company may have its own privacy policies, eligibility requirements, and loan terms and rates.
Even Financial, Inc./ Fiona (“Fiona”, “Even”, “Even Financial”, “we”, “us”, “our”) provides our Services (described below) to you through our website located at www.hifiona.com (the “Site”) and through our online content, tools and services related to the marketplace, whether accessed on the Site or through third-party websites, mobile sites and/or applications (collectively, such services, including any new features and applications, and the Site, the “Services”), subject to the following Terms of Service (as amended from time to time, these “Terms of Service”). We reserve the right, in our sole discretion, to change or modify portions of these Terms of Service at any time without further notice. You should periodically visit this page to review the current Terms of Service so you are aware of any revisions to which you are bound. If we make any revisions, we will post them on this page and will indicate at the top of this page the date these Terms of Service were last revised. We will also notify you of any material changes through a pop-up notice, email or other reasonable means. Your continued use of the Services after any such changes constitutes your acceptance of the new Terms of Service. If you do not agree to abide by these or any future Terms of Service, do not use or access (or continue to use or access) the Services. In addition, when using certain services, you will be subject to any additional terms applicable to such services that may be posted on or in connection with the Services from time to time, including, without limitation, the Privacy Policy located at https://hifiona.com/privacy. All such terms are hereby incorporated by reference into these Terms of Service. If there is any conflict between such additional terms and these Terms of Service, the additional terms will supplement or amend these Terms of Service, but only with respect to the matters governed by the additional terms.
This website is an informative comparison site that aims to offer its users find helpful information regarding the products and offers that will be suitable for their needs. We are able to maintain a free, high-quality service by receiving advertising fees from the brands and service providers we review on this website (though we may also review brands we are not engaged with). These advertising fees, combined with our criteria and methodology, such as the conversion rates, our team of reviewer's finding and subjective experience and product popularity, impact the placement and position of the brands within the comparison table. In the event rating or scoring are assigned by us, they are based on the position in the comparison table, or according to other formula in the event specifically detailed by us. See our How we Rate page and Terms of Use for information. The reviews, rating and scoring are provided “as-is” without guaranties or warranties regarding the information contained in our website, which shall not be considered as endorsement. We make the best efforts to keep the information up-to-date, however, an offer’s terms might change at any time. We do not compare or include all service providers, brands and offers available in the market.
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